Swiss-based iron ore mining start-up Zamin Ferrous through its Brazilian affiliate is finishing the drilling stage of an iron-ore project in Valentines, Uruguay, and expects to complete its “definitive” feasibility study by mid-2011.
The Falkland Islands first local television station will soon be broadcasting to the Islands. KTV and Stanley Services Limited have announced the creation of a new Company called Falkland Islands Television Limited (FITV) which will broadcast locally produced news programs.
Chile, Peru, Colombia are listed among the Best Countries for Business according to a ranking from the US Forbes magazine which includes 129 countries taking into consideration several indexes: GDP growth, GDP/capita, trade balance, population and budget affairs.
The North Falkland oil and gas exploration company Rockhopper Exploration plc (AIM: RKH) announced Monday that the Ocean Guardian drilling rig is on location at the Sea Lion prospect where oil was discovered in a drilling last April/May. Operations now are concentrated on the flow test of the Sea Lion main and lower fans.
Highlighting the centrality of the marine environment to human well-being, Secretary-General Ban Ki-moon stressed the collective global responsibility to protect the world’s oceans.
The Canadian company B2Gold announced “impressive gold values” from a systematic mechanical trenching program in the south of Uruguay where in association with a local company (Weeping Apple S.A.) it has an option to survey ten claims totalling 34.200 hectares.
Rival Canadian gold mining companies Goldcorp and Eldorado have locked horns in a fight to buy up Andean Resources Ltd.
The Brazilian state managed oil company Petrobras unveiled on Friday plans to sell up to 64.5 billion US dollars of new stock, in one of the world's largest public share offerings.
The Empire State Building has dominated the New York City skyline for a number of years since it was first built and it has become one of the top tourist destinations in the city. The building is now set to become second best however as a new building has been approved in New York city that will dominate the skyline and make the Empire State Building lose out.
Uruguay whose credit rating was cut to junk in 2002, expects to return to investment grade within two years, central bank President Mario Bergara said. “We are confident that in one or two years we will have investment grade again,” Bergara said at an investors’ conference in New York Monday.