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10 May

Mexican court confirms Ahmsa mining unit bankruptcy

Mexico’s Commercial Court confirms Altos Hornos de México (Ahmsa) mining arm Minera del Norte's (Minosa) bankruptcy, Kallanish notes. The subsidiary was declared insolvent in January 2023. On 19 April, Minosa presented an agreement with the favourable vote of 91.25% of the registered creditors to Judge Saúl Martínez Lira for a judicial recovery plan, which the court did not accept due to formal reasons. “The company considers…
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