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Peruvian engineering and consultancy firm CPS de Ingeniería is looking to expand its presence in Bolivia and plans to continue its international expansion, the firm's transport specialist Alan Martino...

Toronto-based Alamos Gold (TSX: AGI), which runs the Mulatos mine in Mexico, reported a 6.52% year-on-year increase in its gold output for the third quarter to 42,500oz and posted net earnings of US$1...

Brazilian steelmaker Gerdau (NYSE: GGB) has set a capex budget of 9.5bn reais (US$5.2bn) for the 2010-14 period, CEO André Gerdau Johannpeter said Thursday during a conference call. The previous 6...

Credit in Brazil looks set to rise 17.9% this year, according to the latest survey by Brazilian banking federation Febraban, lifting the projection from 16.9% in the previous survey in September, mean...

Remittances sent home by Bolivians living abroad totaled US$668mn from January-August this year, down 7.3% from the same period last year, according to the central bank (BCB). In August alone, rem...

A power interconnection under development between Colombia and Panama could begin operations by early 2014, Luis Fernando Alarcón, CEO of Colombian state transmission company ISA, said in a conference...

Chilean President Michelle Bachelet is expected to sign by month-end a bill modifying state financial support for irrigation and drainage projects, a member of the lower house's agriculture committee ...

Russian WiMax operator Yota expects its WiMax network in Nicaragua to be ready in December, company business development director Yegor Ivanov told BNamericas. In October, Yota won an auction for a...

The Brazilian corporate sector will base its investment decisions on IT security in the next few years on their compliance needs, the increasing use of mobile devices and their awareness of the impact...

Peru's private investment promotion agency ProInversión has pushed back the tender schedule for the concession of the second regional airport package, a ProInversión official told BNamericas. The ...

Venezuelan JV Petrodelta has deferred some work due to state oil company PDVSA falling behind on payments, according to James Edmiston, CEO of Houston-based Harvest Natural Resources (NYSE: HNR), whic...

Brazil's federally controlled reinsurer IRB-Brasil Re had 97.9mn reais (US$56.7mn) in profits in the first eight months of 2009, down 58.5% from the same period in 2008, as claims ate away at earnings...

Brazilian hydrocarbons regulator ANP will include unsold exploration blocks in the highly anticipated round 11 for new oil and natural gas blocks, an ANP spokesperson told BNamericas. "Areas that w...

Toronto-based Yamana Gold (TSX: YRI, NYSE: AUY, LSE: YAU) reported third quarter profits of US$60.8mn, down 59% from US$150mn year-on-year despite a 50% rise in revenue to US$333mn. Adjusted earnin...

Uruguay's national port authority (ANP) will not hold a tender process to concession a new container terminal in Montevideo port, an ANP official told BNamericas. Instead, President Tabaré Vázquez ...

Brazil's HRT Oil & Gas, a newly launched independent crude and natural gas E&P company, said it will invest US$260mn to explore the onshore pre-salt layer in Brazil's Amazonic Solimões basin over the ...

Argentina's recently passed electronics tax law will miss the government objective of strengthening the domestic ICT industry, the director of local tech consultancy Carrier y Asociados, Enrique Carri...

Colombian state transmission company ISA is planning to issue 32mn new shares, CEO Luis Fernando Alarcón said in a conference call with analysts and investors. The process for the issuance of the c...

Six offers were submitted to Colombian state generator Isagen to carry out the principal works for the 820MW, US$1.4bn Sogamoso hydro project, CEO Luis Rico announced Wednesday. Sogamoso will boast...

Members of Chile's lower chamber of congress will discuss a bill to concession rural potable water and sanitation services next week, an official from the house's public works committee told BNamerica...