
Chilean and Argentine authorities declared a red alert and ordered the mandatory evacuation of a 25-km radius around the active Copahue volcano, which straddles the border between the two Andean nations.

Chilean authorities have fined the world's largest gold mining company, Barrick Gold Corp, more than 16 million dollars for environmental offences. Construction at the Pascua-Lama mine, on the border with Argentina, has been suspended until a system to contain contaminated water is put in place.

The Alliance of the Pacific bloc that includes Colombia, Mexico, Peru and Chile on Thursday agreed to eliminate tariffs on most goods to promote free trade between the countries and increase exports to Asia.

Chile is the third most attractive country for copper mining investments behind Canada and Australia according to a report from the Chilean Copper Committee, Cochilco that includes fifteen leading countries in the industry and was released this week by Mining minister Hernan de Solminihac in Santiago.

Chilean officials, led by Felix de Vicente Minister of Economy, Development and Tourism, joined senior cruise line executives, port and destination leaders, tour operators, travel agents and suppliers for a robust Seatrade Latin America Cruise Convention in Valparaiso, Chile.

The bodies of sea lions, cormorants and penguins were discovered on Sunday littering a seven mile stretch of beach in Punta de Choros, northern Chile, is the proximity of the Humboldt Penguin Nature Reserve. Fisheries officials and police are investigating since there are serious suspicions that the deaths were caused by local fishermen using explosives to increase catches.

Chile's economy is entering a mild slowdown phase after years of strong growth said Finance Minister Felipe Larrain on Friday. Chile has been expanding at about 5.8% on average for the past three years despite global economic woes while maintaining enviably low inflation and jobless rates.

Latin America and the Caribbean received last year a record 173.361 billion dollars in foreign direct investment (FDI) (6.7% more than in 2011), despite an international context characterized by shrinking FDI flows worldwide, according to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).

This week a Chilean court found two retired naval officers guilty in connection with the kidnapping, torture and murder of a Chilean-British citizen in September 1973; UK Ambassador Jon Benjamin made a statement about the verdicts in trial of those accused.

The White House announced that Peruvian President Ollanta Humala and Chile’s President Sebastian Piñera will travel to Washington in June and meet with President Barack Obama. The White House also said that Vice President Joe Biden’s next week will visit Brazil and Colombia with a stop in Trinidad and Tobago.