South America continues to attract large foreign mining conglomerates which have invested 30% of the world’s mining investments. Recently, Xstrata, the Anglo-Swiss mining giant confirmed that it will proceed with its $4.2 billion Las Bambas copper project in Peru. The company now has $5 billion (SFr4.1 billion) in projects in Peru which includes its $1.47 billion Antapaccay project. It also runs the Tintaya copper mine and has a stake in the expansive Antamina copper pit.
Peru is South America’s fastest-growing economy and produces the second largest volume of copper in the world after Chile. It also produces a significant quantity of gold. When the state invited bids for the Las Bambas mining project the Swiss firm managed to outbid its competitors thereby winning the concession.
South America continues to attract large foreign mining conglomerates which have invested 30% of the world’s mining investments. Recently, Xstrata, the Anglo-Swiss mining giant confirmed that it will proceed with its $4.2 billion Las Bambas copper project in Peru. The company now has $5 billion (SFr4.1 billion) in projects in Peru which includes its $1.47 billion Antapaccay project. It also runs the Tintaya copper mine and has a stake in the expansive Antamina copper pit.
Peru is South America’s fastest-growing economy and produces the second largest volume of copper in the world after Chile. It also produces a significant quantity of gold. When the state invited bids for the Las Bambas mining project the Swiss firm managed to outbid its competitors thereby winning the concession.
The economic future of Bolivia, the world's poorest nation, is apparently looking brighter because of the revenue potential of a silverish-white elemental metal called lithium. If you use a digital camera, cell phone, laptop computer, and innumerable other electronic devices , chances are, your gizmos are powered by lithium-ion batteries.
The economic future of Bolivia, the world's poorest nation, is apparently looking brighter because of the revenue potential of a silverish-white elemental metal called lithium. If you use a digital camera, cell phone, laptop computer, and innumerable other electronic devices , chances are, your gizmos are powered by lithium-ion batteries.
Mixed emotions and debates arise regarding jobs, economic development, and many other issues in rural Alaska, as lawmakers push towards an independent pebble mine study being conducted at Bristol Bay.
Mixed emotions and debates arise regarding jobs, economic development, and many other issues in rural Alaska, as lawmakers push towards an independent pebble mine study being conducted at Bristol Bay.
