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Insurance - Colombia - Suramericana parent registers US$127mn bond issue
Columbian financial holding company Grupo de Inversiones Suramericana has registered a 250bn-peso (US$127mn) bond issue, Colombia's financial services regulator Superfinanciera said in a statement.
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Privatization - Chile - Public, private sectors eye TrafiCam to improve traffic management
Chilean private firms and municipalities are considering installing the TrafiCam traffic camera system to improve transit management, public and private sector officials at the VIII Chilean and III Ib...
Mining - Chile - Codelco to start bioleaching operation at Radomiro Tomic in 2010
Chile's state copper producer Codelco plans to start a bioleaching operation, its largest to date, at the Radomiro Tomic mine in the country's northern region II in 2010, a source associated with the ...
Water & Waste - Jamaica - NWC to launch tender for treatment plant works in March
Jamaica's national water commission (NWC) expects to launch a tender for the rehabilitation of the Mona and Hope water treatment plants by March 2010, engineering department head Anthony O'Connor told...
Telecommunications - Regional - Latin America in third phase of MVNO evolution, says consultancy
Latin America is entering the third phase of evolution of the mobile virtual network operator (MVNO) business model, according to Signals Telecom Consulting.
According to the consultancy, this phas...
Infrastructure - Chile - Autopista Central looks to eliminate errors in toll charges
Chilean capital Santiago's Autopista Central highway concessionaire is using advanced intelligent transport technology to eliminate errors in toll charges, company representatives said at a conference...
Metals - Venezuela - Excluding companies from national aluminum corporation a mistake, Mibam says
Excluding state companies Bauxilum and Carbonorca from the decree creating the Venezuelan national aluminum corporation was probably a mistake, Iván Hernández, the deputy ministry of basic industries ...
Oil & Gas - Brazil - OGX to spud three new wells
Brazilian independent oil company OGX will spud its third well in the offshore BM-C-41 block in the Campos basin this month, company CFO Marcelo Torres told a webcast.
"OGX-3 will be drilled in a f...
Electric Power - Argentina - Loma de la Lata deal with Cammesa to bring in US$37mn/y, says Pampa CEO
Pampa Energía's (NYSE: PAM) deal to sell at least 50% of the power generated from the expansion of the Loma de la Lata thermo plant to state wholesale power market administrator Cammesa will add US$37...
Info. Technology - Peru, Regional - Mining sector showing interest in sustainability solutions - SAP
Peru's mining sector is showing increased interest in sustainability solutions, the product development manager for SAP (NYSE: SAP) Latin America, Berenice Mendoza, told a conference call.
"Mining ...
Privatization - Brazil - CCR posts US$107mn profit for Q3
Brazilian tollroad operator CCR (Bovespa: CCRO3) reported a 185mn-real (US$107mn) profit for Q3, down 15.7% year-over-year.
"The decrease in profit is mainly due to increased costs related to the a...
Insurance - Brazil - Itaú Unibanco, XL announce buyout deal for corporate insurance JV
Brazilian banking group Itaú Unibanco (NYSE: ITUB) and Bermuda-based XL Capital (NYSE: XL) have announced a deal to hand over corporate insurance JV Itaú XL Seguros Corporativos to the bank.
In a s...
Banking - Argentina - Itaú BBA could close year with 7 fixed-income deals, sees more action for 2010
Banco Itaú Argentina's investment banking and corporate finance arm, Itaú BBA, will most likely close this year with seven fixed-income deals on its books, and is expecting activity to pick up next ye...
Mining - Peru - Candente plans to restart Cañariaco feasibility work in 1Q10
Vancouver-based Candente Resource (TSX, Lima: DNT) plans to restart work on its Cañariaco copper-gold-silver project in the first quarter of 2010, the company said in a statement.
Plans include fea...
Metals - Venezuela - Aluminum companies still waiting for recovery funds
Venezuelan state aluminum companies Alcasa, Venalum, Bauxilum and Carbonorca have still not received the funding for recovery as promised by the state-owned development bank Bandes and the Chinese-Ven...
Mining - Chile - Codelco assigns feasibility study for Chuquicamata underground transition
Chile's state copper producer Codelco has approved going ahead with the basic engineering study, which for the company is also the feasibility study, for the transition to underground mining at its Ch...
Metals - Venezuela - Mibam to install new furnaces at Sidor to supply steel tube plant
The Venezuelan basic industries and mining ministry (Mibam) will install new furnaces in the long steel area at local steelmaker Sidor in order to produce the raw materials needed to supply the new se...
Infrastructure - Chile - MTT to monitor mass transport with intelligent systems
Chile's transport and telecommunications ministry (MTT) plans to use intelligent transport systems to monitor the use of public transport in the country's 15 regions, an MTT official said at a confere...
Water & Waste - Colombia - Bucaramanga reservoir to cost US$127mn in 2 stages
Colombian water utility Acueducto Metropolitano de Bucaramanga (AMB) has launched the tender for the construction of the first stage of its reservoir project, which will require a total 250bn-peso (US...
Telecommunications - Regional - Latin America boosts Telefónica with Jan-Sep growth
A solid third quarter in Latin America helped Spanish telecoms giant Telefónica (NYSE: TEF) post a 0.3% rise in net profit to 5.61bn euros (US$8.41bn) in the first nine months of the year, the company...
