Investments

Friday, November 12th 2010 - 00:47 UTC
Japanese companies will help Bolivia with lithium added-value by-products

Japan’s Sumitomo and Mitsubishi will send experts and equipment to Bolivia to support efforts to produce value-added lithium by-products in the Andean nation, state media reported.
Wednesday, November 10th 2010 - 04:44 UTC
Petrobras leases 20 drilling rigs to become operational in next two years

Brazil’s government managed oil and gas corporation Petrobras announced it leased 20 foreign drilling rigs that will start operating in the next two years as it seeks to boost its capacity to explore for and produce oil.
Tuesday, November 9th 2010 - 12:43 UTC
Gold soars to new record; up 7% in the last week, 29% in 2010

The price of gold has hit another record high as investors worry about inflation and Europe's budget troubles. Tuesday morning it was trading at $1,421 an ounce.
Friday, November 5th 2010 - 03:25 UTC
Paraguay could have the world’s largest titanium reserve

The US explorer who discovered the world’s biggest copper deposit in Chile has staked a claim in Paraguay to what he says may be the largest titanium find, according to a report from Bloomberg.
Monday, November 1st 2010 - 05:48 UTC
New rush of foreign investors, mainly Argentines, to purchase land in Uruguay

Interest in fixed assets, strong commodities’ prices and growing prospects that global demand for food producing land will continue have generated a new rush of foreign investors to buy land in Uruguay.
Saturday, October 30th 2010 - 05:15 UTC
Iran “partner” in the industrialization of Bolivia’s lithium reserves

Bolivian President Evo Morales announced this week that Iran will “partner” in the development and manufacturing of the country’s lithium reserves, an association which had also shown interest from industry groups and governments of other countries.
Friday, October 29th 2010 - 06:15 UTC
Gold demand forecasted to continue rising as developed economies stall

The gold market continued to be supported by concerns over the health of the global economy and its ability to show a sustained recovery, especially in developed nations, according to the latest edition of Gold Investment Digest published today by the World Gold Council (WGC).
Thursday, October 28th 2010 - 05:54 UTC
Argentine shares and bonds reacted positively to death of Kirchner

Argentine shares and bonds rose on Wednesday after the death of political heavyweight and former President Nestor Kirchner removed from the 2011 election campaign a contender seen as unfriendly to markets.
Thursday, October 28th 2010 - 05:32 UTC
LAN profits soar and plans to invest 7.7 billion USD to double its fleet

LAN Airlines which this week reported a doubling of third-quarter profit plans to invest 7.72 billion US dollars through 2018 to more than double its fleet as Latin American passenger and cargo traffic recovers.
Thursday, October 28th 2010 - 05:09 UTC
Falklands’ Desire shares soar amid speculation of bid approach

Shares in Falkland Islands exploration company Desire Petroleum (DES.L) more than doubled on Wednesday following internet bulletin board speculation of a bid approach for the Falklands focused explorer and an oil find, traders said.