Mexus Gold to begin drilling at Julio/Martha Elena property

Mexus Gold US and Argonaut Gold have been granted a permit by SEMPRAS to commence drilling at the Julio/Martha Elena property in Mexico. Mexus is currently building roads and drill pads on behalf of Argonaut after drill results showed a high-grade, multi-vein system on the land. The Julio/Martha Elena property is one of the biggest open pit mines in the world. Read More »

Gazit-Globe hits 5 percent stake in Brazil's BR Malls

Israel's Gazit-Globe, a global real estate firm focused on shopping centers in urban markets, recently grew its stake in BR Malls, the leading shopping center company in Brazil, to 5.16 percent. The investment was made through a wholly owned subsidiary active in Brazil. BR Malls’ portfolio includes 46 shopping centers that contain 1.65 million m2 of GLA and 966 thousand m2 of owned GLA. Read More »

AziLat acquires 2 OGX blocks off the coast of Brazil

AziLat Ltd. agreed to acquire full interest in OGX Petróleo e Gás S.A's two blocks off the coast of Brazil that are operated by ExxonMobil Exploração Brasil, Ltda. AziLat is an oil and gas exploration company backed by Seacrest Capital Group. Through its local subsidiary, AziBras Exploração de Petróleo e Gás Ltda., Azilat will take over the OGX working interest in the blocks. Read More »

Latin American comic industry marked by social, political issues

The Latin American comic strip industry is different from its U.S. and European counterparts because of its influence by political and social issues, a local comic strip creator recently told Latin Business Daily. In Europe and especially in the U.S., there historically has been a bigger emphasis on characters who have special powers, but that's not the case in Latin America.  Read More »

Argentina's Ministry of Health approves MediWound's NexoBrid

Argentina's Ministry of Health authorized bio-pharmaceutical company Mediwound Ltd. to market and distribute NexoBrid®, which removes dead or damaged tissue from adults with thermal burns, Thursday. Clinical studies conducted on NexoBrid show that the product debrides burn wounds earlier than the current standard of care, significantly reducing surgical excisions and autografting. Read More »

Sao Bento farm qualifies for Humane Farm Animal Care certification

São Bento Farm in Cachoeira Paulista, Brazil, is the first South American dairy farm to qualify for the Certified Humane Raised and Handled program. The Certified Humane label guarantees that animal products being purchased have been produced according to Humane Farm Animal Care's (HFAC) defined animal care standards. Under HFAC’s standards, animals must be fed a nutritious diet. Read More »

Altenesol to begin site preparation at Colombian plant

Altenesol Colombia S.A.S., a natural gas subsidiary, obtained the permits needed to begin preparing the site for the Nataly I LNG plant in Colombia Oct. 16. Nataly I is backed by Geoproduction Oil and Gas, a subsidiary of Canacol Energy and Shona Energy, through a 10-year contract. The permits acquired ensure that construction will be carried out according to the contract. Read More »

Endurance expands Google Apps for Work offering to Mexico, India

Cloud-based solutions provider Endurance International Group launched Google Apps for Work Thursday on international brands Bluehost Mexico and HostGator Mexico. Endurance launched Google Apps for Work on BigRock in India earlier this year. With these additions, small business subscribers in Mexico and India can grow their business online through Google Apps and Endurance. Read More »

Brazil Minerals CEO to advise U.S. presidential candidate

Brazil Minerals Inc. CEO Marc Fogassa joined an advisory committee of a 2016 U.S presidential candidate Oct. 12. And while the company did not name which candidate Fogassa is advising, he was selected to offer his expertise on U.S.-Brazil relations and supports expanded open trade between the two countries with less bureaucracy. Fogassa is not being paid for his contributions. Read More »

Riverbed, Latamkey announce partnership in Mexico

Latamkey will manage application performance infrastructure company Riverbed's business relationships with Mexican telecommunication service providers. Besides the traditional telecom services, Latamkey will also develop cloud service and support interconnection from any device or platform. Latamkey stressed its commitment to make more investments in specialized resources. Read More »

Jaguar opens Brazil office

Jaguar Growth Partners opened an office in Sao Paulo, Brazil, Thursday. Christian Klotz and Ricardo Costa, two recent additions to the private equity firm’s staff, will head up the new office. The opening of the office will establish Jaguar's presence in Latin American, according to Thomas McDonald, Jaguar managing partner. Prior to joining Jaguar, Klotz co-founded UJAY Capital. Read More »

Global Digital Solutions acquires Rontan in Sao Paulo

Security and technology solutions provider Global Digital Solutions Inc. recently acquired emergency warning equipment manufacturer Rontan Group, which is based in Sao Paulo, Brazil.The new CEO for Rontan will be named by GDSI's board of directors in a upcoming meeting. Richard J. Sullivan is the most probable name to fulfill the position. Rontan registered $128 million in 2014. Read More »

Colombia restarts upgraded Cartagena refinery after $8 billion investment

Colombian officials restarted the crude processing unit of the Cartagena refinery Wednesday in the first step of making all 31 units of the upgraded plant operational that will process 165,000 barrels of crude per day. The country´s state oil company Ecopetrol separately said that the investment increased crude refining capacity to 165,000 barrels per day from 80,000 barrels per day.  Read More »