Argentine lender Banco Provincia placed 4.88bn pesos (US$126mn) in debt on the local market, the biggest corporate placement since last May. The bank received offers for 6.34bn pesos, a statement said. The market response to the ...
ARGENTINA A first auction for the purchase of gas by distributors took place. President Energy released a new independently certified reserves report. Banco de la Provincia del Neuquén launched a credit line to support...
Mining giant Vale cannot be blamed for the deadly dam collapse at Brumadinho in Minas Gerais state in January, as the company never built dams using the upstream model, CEO Fabio Schvartsman told a hearing. Also in Brazil, steel...
At The Energy Chamber of Trinidad and Tobago's annual event this month, energy minister Franklin Khan said the outlook for oil output in the country was "very promising." Khan based his forecast in part on BHP's recent declaration...
Steelmaker Usiminas confirmed on Friday that the local steel sector is concerned about how the federal government will carry out its stated plans to open up the Brazilian economy. "The steel sector met finance minister Paulo Guedes ...
Brazil's leading business solutions developer Totvs spent 11.3% more on research and development in the fourth quarter of 2018 than in the same period of 2017, the company's financial report shows. According to the group, the...
Brazilian telecom regulator Anatel has given Claro a preliminary nod to carry out a capital increase through which the telco could raise up to 7.1mn reais (US$1.91mn), taking its total capital stock to 18.7bn reais. The unanimous...
Chilean financial holding Inversiones La Construcción (ILC) has been given the regulatory green light to increase its stake in local lender Banco Internacional. ILC currently controls 50.5% of the small but growing bank. In a...
Chilean financial holding Inversiones La Construcción (ILC) has been given the regulatory green light to increase its stake in local lender Banco Internacional. ILC currently controls 50.5% of the small but growing bank. In a...
Brazilian steel producer CSN (pictured) and other fellow iron ore exporters have reportedly lodged a lawsuit with antitrust watchdog Cade to prevent mining giant Vale from acquiring a majority stake in Ferrous Resources Limited. ...
Plans to build a US$38mn diesel-fired backup power plant in northern Chile that would connect to the national grid have hit a permitting hurdle. The country's first environmental tribunal agreed to hear a claim presented by...
The Ministry of Economy (MINEC) made the signing of the first legal stability contract for investments, between the Government of El Salvador and the company Ventus SA de CV, which will develop the Ventus Wind Farm in our country....
Credicorp Capital unveiled the purchase of a controlling stake in Colombian financial services player Ultraserfinco. The move, a statement said, will permit Credicorp Capital to grow in the five business areas in which it operates: ...
Brazilian engineering company Promon Engenharia offers end-to-end solutions for energy, oil, gas, and civil engineering companies and manufacturing industries. Its portfolio includes an extensive list of undertakings, including...
Bahia Mineração Ltda. (Bamin) was incorporated in 2006 to operate the Pedra de Ferro iron ore project, located in Caetite, in Bahia state. Bamin estimates a 18Mt annual production. The firm is also developing the Porto do Sul port, to ...