The world’s number one copper producer Codelco announced it had placed 2 billion dollars in bonds, its largest debt issue to date, aimed at refinancing debt and funding a good part of the miner's 2013 investments.
Bolivia will consider nationalizing Canadian miner South American Silver Corp's silver property, President Evo Morales said on Sunday, following violent indigenous protests against the mining project.
Jindal Steel & Power Ltd. and the Bolivian government are still in talks to see if the Indian company's 2.1 billion dollars mining and steel-manufacturing venture can be salvaged, a senior executive said Friday.
Europe's tallest skyscraper the Shard was inaugurated in London in a dazzling sound and light show befitting its status as the capital's brashest and most controversial building.
Following the official new curbs on US dollar purchasing for savers, the head of the Argentine Central Bank Mercedes Marcó del Pont came on stage to defend the measure and anticipate that operations in the real estate market will have to be done in Argentine Pesos.
Temasek Holdings, Singapore's sovereign-wealth fund, is increasing its exposure to Brazil and the rest of Latin America because of the region's strong long-term growth prospects, the company said Thursday in a press release.
Brazil’ competition regulator Cade approved Brazilian industrial group Camargo Correa's June purchase of a controlling stake in Portuguese cement maker Cimpor, subject to several conditions.
In a further attempt to prop the economy and promote investment funding Argentine President Cristina Fernández, CFK, announced on Wednesday that via the Central Bank, “the twenty A-class banks in the country will be obligated to give out loans,” in order for investment to be made on goods and services.”
The odds that Argentina's economy will enter a recession in the second half of this year held above 95% for a second consecutive month in the closely followed monthly leading indicator published by Torcuato Di Tella University, UTDT.
Canadian mining giant Barrick Gold Corp. suffered a legal setback on Tuesday as Argentina's Supreme Court reversed preliminary injunctions that have blocked key parts of a glacier protection law.