Chile's Supreme Court confirmed a freeze on Barrick Gold Corp's suspended Pascua-Lama gold mine but the Toronto-based miner escaped having the project's environmental permit revoked. The ruling dispels a significant uncertainty surrounding the controversial project, which now essentially has to complete a water management system issued by the environmental regulator to likely be re-activated.
The walnut production in Chile has experienced a growth in the fiscal year 2013/2014, reports the German Agrarmarkt Informations-Gesellschaft (AMI) on its website. Not only the favourable weather conditions, but also the extension of the cultivation area in recent years has contributed to this.
Former president and opposition candidate Michelle Bachelet, as well as Evelyn Matthei, candidate of the conservative ruling coalition for the coming 17 November elections coincided in describing the death of retired general Odlanier Mena Salinas who killed himself as ‘tragic’.
The Chilean government plans to raise spending 3.9% next year, the second-smallest increase since 2003 and below the central bank’s forecast for economic growth in 2014. The budget will focus on employment, education, crime, poverty, children, pensioners and infrastructure, President Sebastian Piñera said in a televised address without giving details.
Paraguay president Horacio Cartes arrived Monday morning to Brazil for a round of talks with President Dilma Rousseff which includes political, economic, energy, trade and security issues, plus the full return of Paraguay to Mercosur, an intricate matter dating back to events of June 2012.
Brazil's Petrobras and its Indian partners have made a beautiful oil discovery off Brazil's northeast coast, Sergipe-Alagoas basin, and it will produce a minimum 100,000 barrels of petroleum a day starting in 2018, the company's CEO said on Friday.
Breaking almost three years of silence from her official Twitter account, Brazilian President Dilma Rousseff on Friday sent a series of tweets joking with a famous parody account and defending Brazil’s economy.
Uruguay’s president Jose Mujica anticipated that his intention is to authorize the UPM pulp mill to expand production, as the Finnish company had requested, but conditioned to certain additional environmental measures, which will not be made public until talks with Argentine president Cristina Fernandez on Monday.
Brazil's jobless rate fell unexpectedly and salaries jumped in August from the previous month, government data showed this week. It was the second consecutive month-to-month drop in Brazil's jobless rate, which remains close to record lows.
Uruguay “does not need money; we need talent, students that complete their formation in the US and return to Uruguay to share and invest their knowledge” president Jose Mujica told US Vice-president Jose Biden during an hour long meeting on the sidelines of the UN General Assembly in New York.