LBC Multilatina Index for 3Q12
The index fell 2.1 percent from 3Q11. Nevertheless Bimbo increased its revenue by 40 percent, Cencosud by 30 percent and Femsa by 23 percent. The fastest growing companies relied on their domestic markets and not on international markets.
The best 100 Companies of 2012
Mining and construction companies in Latin America have increased their sales, net revenues and profitability more than other firms in the last three years. See the complete list of best companies from Shougang to Corporacion San Luis.
Mining: Mexican Make-Over
Foreign mining operations in Latin America can be reputational powder kegs unless companies work hard at building local community relations and goodwill.
Codelco Banks on Expansion
Chile’s Codelco, the world's largest copper producer, hopes increased production will help offset falling prices.
Caterpillar's Latin Sales Grow
Caterpillar boosts sales in Latin America, in large part thanks to the commodity boom. And prospects are bright for continued strong growth.
Ecuador: Mining Reduces Poverty
Open letter from Jose Aviles from the Ecuador Amazon Indigenous Nationalities Confederation to Joan Kuyek of MiningWatch Canada.
MiningWatch Response to Open Letters
Joan Kuyek at MiningWatch Canada responds to open letters from Ruben Naichap of the Shuar Federation of Zamora Chinchipe and Jose Aviles of the Ecuador Amazon Indigenous Nationalities Confederation.
Canada-Peru Trade Boom
Peru replaces Venezuela as third-largest trade partner in Latin America. Overall Canada trade with the region grew as well.
Peru: Strong Business Optimism
President Alan Garcia receives high marks from local and foreign investors, who all express strong optimism about Peru's business outlook.
Canada Boosts Latin Trade
Latin American trade with Canada is growing stronger than with the Unites States and Europe. The growth is led by Mexico, Brazil and Peru.
Peru's Mining Crisis
Privatize the subsoil and turn it over to the legitimate owners of the soil, the peasants and the Andean communities. Let them benefit from the enormous profits of mining, without the corrupt hypocrisy of social aid or the disdain of charity