World’s richest man Carlos Slim finds golden mining touch

04 May 2013 | 17:44 Code : 21676 Geoscience events
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Carlos Slim’s Mexican mining company Frisco (PINK:MFRVF) enjoyed a first-quarter reven....

Carlos Slim’s Mexican mining company Frisco (PINK:MFRVF) enjoyed a first-quarter revenue jump of 40% to $260 million on increased gold, silver and copper production.Gold production increased 30% to 76,980 ounces, silver was up 47% to 1.95 million ounces and copper rose 46% to 3,508 ounces.Frisco is Slim’s third largest holding behind financial services company Grupo Finaciero Inbursa and telecoms titan America Movil.

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