Investments
InvestmentsArgos confirms Falklands’ waters exploratory oil drilling for second half of 2011
In the first six months of 2010 Falkland Islands based Argos Resources has made significant progress in developing its PL001 Licence in the North Falkland Basin, to anticipate it will begin an exploratory hydrocarbons drilling campaign in the second half of 2011.
Falklands’ Desire ‘exited’ about prospects plans to drill four more wells
Falkland Islands Desire Petroleum (AIM-DES) is upbeat about the prospects for finding major reserves of oil offshore the Islands despite mixed results so far and revealed plans to further drill four wells in the North Falkland basin.
Uruguay’s definitive iron-ore feasibility project to be completed by mid-2011
Swiss-based iron ore mining start-up Zamin Ferrous through its Brazilian affiliate is finishing the drilling stage of an iron-ore project in Valentines, Uruguay, and expects to complete its “definitive” feasibility study by mid-2011.
Falklands’ first local television station ready to begin broadcasting
The Falkland Islands first local television station will soon be broadcasting to the Islands. KTV and Stanley Services Limited have announced the creation of a new Company called Falkland Islands Television Limited (FITV) which will broadcast locally produced news programs.
Forbes: Chile, Peru, Colombia, best countries for business in Latin America
Chile, Peru, Colombia are listed among the Best Countries for Business according to a ranking from the US Forbes magazine which includes 129 countries taking into consideration several indexes: GDP growth, GDP/capita, trade balance, population and budget affairs.
Flow tests begin to probe commerciality of Falklands’ oil discovery
The North Falkland oil and gas exploration company Rockhopper Exploration plc (AIM: RKH) announced Monday that the Ocean Guardian drilling rig is on location at the Sea Lion prospect where oil was discovered in a drilling last April/May. Operations now are concentrated on the flow test of the Sea Lion main and lower fans.
UN calls for the collective global protection of oceans
Highlighting the centrality of the marine environment to human well-being, Secretary-General Ban Ki-moon stressed the collective global responsibility to protect the world’s oceans.
Canadian company impressed by first “gold values” prospecting in Uruguay
The Canadian company B2Gold announced “impressive gold values” from a systematic mechanical trenching program in the south of Uruguay where in association with a local company (Weeping Apple S.A.) it has an option to survey ten claims totalling 34.200 hectares.
Canadian companies fighting to control rich gold and silver project in Patagonia
Rival Canadian gold mining companies Goldcorp and Eldorado have locked horns in a fight to buy up Andean Resources Ltd.
Petrobras unveils world’s largest public share offering, but there are questions…
The Brazilian state managed oil company Petrobras unveiled on Friday plans to sell up to 64.5 billion US dollars of new stock, in one of the world's largest public share offerings.
