Chevron announced the signing of an investment agreement with Argentina's YPF. Chevron announced that they have signed an agreement with Argentina's YPF (Yacimientos Petrolíferos Fiscales).
South/Central America
AMCON hires Vevita and Citigroup for bank sale
AMCON hired Citigroup and Vevita Capital to handle the sale of three banks owned by Nigeria. The Asset Management Company of Nigeria (AMCON) hired Vetiva Capital, an Africa-focused investment bank and Citigroup to manage the sale of three banks owned by Nigeria.
San Gold acquires 100% interest in Wildcat Exploration mineral claims
San Gold Corporation announced that they were able to acquire a 100% interest in mineral claims owned by Wildcat Exploration Ltd.
Almalden Minerals acquires funding through private placement
Almalden Minerals Ltd announced that were able to raise US$16.9 million from their non brokered private placement
Bluenose Gold Corp acquires Zenyatta West Graphite Project
Bluenose Gold Corp announced the acquisition of the Zenyatta West Graphite Project. Bluenose Gold Corp. announced that they have agreed to acquire a 100% interest in the 16 mineral claims dubbed as the "Zenyatta West Graphite Project".
Latest News
Oi SA would sell its undersea cables and towers worth US$1 billion so that it could reinforce the funding for the company.
According to a source, the sale of ThyssenKrupp's Brazilian steel mill was not imminent. The intended sale of the steel mill of ThyssenKrupp in Brazil was unlikely to transpire right away, a source familiar with the transaction said.
Barrick temporarily stopped the construction of the controversial Pascua-Lama gold mine project due to a court suspension issued last Monday.
According to sources, signing and enactment of Colombian pension fund decree may be delayed. Colombia's Finance Minister, Mauricio Cerdenas, may announce that the signing of the pension fund decree could be delayed, according to high-level government and industry sources.
According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.
Latin American currencies low as investors waited for results of Fed's meeting. Latin American currencies changed little last Tuesday as investors waited for the results of the US Federal Reserve's latest meeting.
Mexican airport operator Grupo Aeroportuario del Centro Norte said on Monday that it has decided to re-launch a previously postponed initial offering.
ITA Cayman Holdings Ltd announced its agreement to buy Standard Chartered Trust (Cayman) Limited as it expands its business and increase presence in the Latin America market.
Two of Mexico's brewers gets a warning against a possible duopoly. Mexico's Federal Competition Commission issued a warning to two of its biggest brewers to open up the market to other competitors or face heavy penalties.
