Investments

• Monday, July 16th 2012 - 15:09 UTC

  Disappointing results from oil drilling to the south of the Falklands

  

  Borders & Southern Petroleum reported on Monday disappointing results in the Falkland Islands from the latest well to be drilled as part of the controversial search for oil in the South Atlantic islands over which Argentina claims sovereignty.

• Monday, July 16th 2012 - 03:43 UTC

  Mining projects knock down Peruvian president approval ratings to new lows

  

  Peruvian President Ollanta Humala's approval rating fell to a fresh low in July, a year since he took office as concern grows over his handling of increasingly violent social conflicts, an opinion poll showed.

• Saturday, July 14th 2012 - 07:01 UTC

  Bolivia willing to compensate for silver mine but positions are distant

  

  Bolivian government is willing to compensate South American Silver Corp for revoking its concession on the Malku Khota project, but it will be far less than the 16 million dollars the company says it has invested, the country's vice president said on Thursday.

• Saturday, July 14th 2012 - 00:30 UTC

  Top Brazilian entrepreneurs tie-up to develop mining opportunities in Latam and Africa

  

  Brazil's top investment bank Banco BTG Pactual announced a tie-up with Roger Agnelli, former head of mining giant Vale, to invest up to 520 million dollars in Latin America and Africa.

• Thursday, July 12th 2012 - 19:36 UTC

  Rockhopper signs a billion dollars deal to develop Falklands’ oil discovery

  

  Britain's Premier Oil announced on Thursday a 1 billion dollars deal to farm in and develop Rockhopper Exploration oil and gas discoveries in the Falkland Islands.

• Thursday, July 12th 2012 - 07:00 UTC

  Canada protests Bolivian decision to revoke licence to mine silver deposits

  

  Canadian company is protesting Bolivia's decision to revoke its licence to mine a rich silver deposit in the country and nationalize the project.

• Thursday, July 12th 2012 - 01:59 UTC

  Chile’s top copper producer placed 2bn dollars in 10 and 30-year bonds

  

  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.

• Monday, July 9th 2012 - 12:45 UTC

  Bolivia: Indigenous rioting threaten Canadian mining company with nationalization

  

  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.

• Monday, July 9th 2012 - 12:41 UTC

  Deadline for major Indian iron and steel project in Bolivia

  

  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.

• Saturday, July 7th 2012 - 01:02 UTC

  Europe’s tallest skyscraper the Shard opens in London with 26 floors of vacant office space

  

  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.