Tag: Minera Aratiri

• Saturday, May 31st 2014 - 06:08 UTC

  Uruguay's FDI equivalent to 5% of GDP and mostly in alternative energies, said Eclac report

  

  Foreign direct investment in Uruguay totaled 2.79bn dollars last year, which is slightly higher than the 2.68bn of 2012, equivalent to 5% of GDP, according to the latest report on FDI for the region from the UN Economic Commission for Latin America and the Caribbean.

• Thursday, January 16th 2014 - 09:04 UTC

  Open pit mining project in Uruguay questioned in Parliament and by environmentalists

  

  A major open pit mining project in Uruguay to extract and export magnetite (a kind of iron ore) and which the government of President Jose Mujica plans to instrument this month has been exposed to a battery of criticism because the administration refuses to show the terms of the contract and farm groups argue there is no final environment impact assessment study.

• Friday, September 27th 2013 - 22:01 UTC

  Mujica inclined to support UPM pulp production expansion but conditioned to environment improvements

  

  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.

• Wednesday, August 3rd 2011 - 02:53 UTC

  Uruguay disappointed with Indian group downgrading iron-ore project priority

  

  The Uruguayan government was taken aback by the announcement that the Indian iron-ore mining group Zamin Ferrous has decided to downgrade the priority of its several hundred millions dollar project in Uruguay from position one to four.

• Thursday, June 23rd 2011 - 00:21 UTC

  Zamin Ferrous project in Uruguay to be submitted to referendum, says President Mujica

  

  President Jose Mujica said that Swiss-based Zamin Ferrous iron-ore project feasibility study for an 18 million mt/year project has not been approved and given the controversy that has surfaced he supports the idea of holding a referendum on the project.