Codelco's H1 financials improve despite lower output
The Chilean state copper miner remains on track to boost production to 1.7Mt by 2030.
Moody's upgrades Peruvian miner Volcan
After three consecutive reductions, the agency raised the mining company's rating from 'Caa3' to 'Caa1'.
12 companies vie to partner with Chile's Enami on Salares Altoandinos lithium project
The initiative in northern Chile’s Atacama region is in the exploration phase and involves estimated investments of US$1.5 billion.
Mexican telco Megacable slims capex in Q2
The amount was 6.2% less than in the same period last year.
Financing watch: JLL-Fracttal’s partnership, Argentina’s Avancargo in Chile, VC rounds, and more
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Brisanet 'cuts ribbon' on 5G operation in northeast Brazil
A ceremony to mark the launch was attended by communications minister Juscelino Filho and other officials.
Three groups after US$250mn Colombia airport concession
The 30-year contract should be awarded in the fourth quarter and includes financing, administration, operation and maintenance, among other items.
Moody's Ratings upgrades Paraguay's ratings to Baa3, changes outlook to stable from positive
The upgrade of Paraguay's ratings reflects a combination of factors, including robust and sustained economic growth and expectations that the economy has become more resilient to shocks.
InvestChile's project portfolio increased 24% in the first half and reached US$34,531 million
The foreign companies supported by the agency concentrated their investments mainly in three sectors: Energy, Mining and Global Services, while the main country of origin was the United States.
Pemex production falls as new fields disappoint
In an effort to offset the rapid decline of production from large and mature fields such as Cantarell, the government has accelerated the development of smaller onshore and shallow water fields.
US$1bn worth of multilateral loans stuck in Bolivia’s congress
Projects affected include highways in Potosí and Santa Cruz.
Peruvian miner Buenaventura ups San Gabriel capex estimate
The company increased the cost estimate for the gold project from US$470mn to US$650mn.
Enrico: “We reduced the cost of public works by 70% on average compared to last year”
The Minister of Public Works stated this when presenting the repairs that the Government of Santa Fe will finance on more than 1,000 kilometers of routes in the province. In the Rosario area, intense work will be done on access to ports.
Baker Hughes expects Latin America to help underpin upstream activity
The company's revenue from the region reached US$663mn in the second quarter.
Ascenty’s LatAm datacenter capacity, occupancy flat in Q2
In Fortaleza, the occupation rate for the firm's datacenter dropped to 22% from 87% at end-March, figures from its parent company indicate.
Roundup: Contract renegotiation opposition, generator debt, solar park market entrance
A roundup of electric power news from Argentina and Chile.
Vale's strong results could have political implications
The Brazilian miner posted a net profit of US$2.77bn in the second quarter, up from US$892mn in the year-ago period.
Petrobras sells bunker with renewable content
The company is a pioneer in Brazil in the development of fuel for the maritime segment.
WAPA Announces Battery Energy Storage System (BESS) Installation Completed with Remobilization of Wärtsilä Phase 2 Project at RHPP
This project marks a significant milestone in our ongoing efforts to enhance the reliability and efficiency of power generation for the St. Thomas/St. John district.
ISA CTM celebrated the energization of the 1st project that doubles the transmission capacity on existing lines
This project is the first to be developed in Peru that doubles the transmission capacity of existing high and extra high voltage lines.
NGC signs E&P License for joint development of cross-border Cocuina Field
This is the second upstream license signed by NGC E&P in Venezuela
Ecuador to invest over US$150mn in Azuay roadworks - BNamericas
The government plans various works in the province, financed with loans from multilateral lenders.
Brazil's Rio Grande do Sul state plans new airport PPP auction - BNamericas
Thursday's auction for the Lauro Kortz and Sepé Tiajaru airports did not attract any bids.
Honduras opens energy storage consultation - BNamericas
“The integration of energy storage systems in the national electrical system represents a key strategy," according to the watchdog.
EDP advances plans for Colombia wind grid link
Investment in the transmission infrastructure is put at nearly US$90mn, according to permitting documents seen by BNamericas.