Monday 1 September 2014
 
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Peru

China buys Glencore copper mine for $6 billion

A Chinese consortium bought the Las Bambas copper mine in Peru from Glencore Xstrata for $6 billion, the high end of analysts' forecasts in China's biggest acquisition of a mine, showing the strength of its long-term need for copper.

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China’s Jiangxi eyes Glencore copper mine

Jiangxi Copper has joined a list of potential Chinese suitors interested in buying Glencore Xstrata $5 billion-plus Las Bambas copper mine in Peru, a report said. Glencore's sale of the mine comes at an opportune time for Chin

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Magnitude 6.2 earthquake strikes southern Peru

A magnitude 6.2 earthquake struck southern Peru on Tuesday, according to the US Geological Survey. The epicenter of the quake was located 53 miles (85 km) northwest of Arequipa, Peru, at a depth of about 52 miles (84 km), accordin

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Peru road shows target Mideast markets

Peru, a fast growing emerging economy, is set to hold road shows in Abu Dhabi and Dubai with the goal of promoting greater inward investment from Middle Eastern markets. The tour will see a 35 strong Peruvian delegation led by sen

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DP World boss holds talks with Peru PM

The chairman of DP World recently toured DP World Callao, the largest container terminal on South America’s Pacific Coast, and held talks with the Prime Minister of Peru on the company’s role in Peru’s growth. Sultan Ahmed Bin Sulayem was

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DP World opens S.America’s biggest terminal

Global port operator DP World said it has opened South America’s largest and the most modern container terminal, DP World Callao, in Peru a year ahead of schedule. Peru's newest marine terminal, situated close to capital city, Lim

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Apec makes Doha round push

Trade ministers from Asia-Pacific Economic Cooperation forum have urged nations to take immediate steps to prop up the limping Doha round of global trade talks. The World Trade Organization negotiations are meant to lower trade barriers ar

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Peruvians mourn earthquake dead

Peru will hold three days of mourning for the victims of a devastating earthquake that has left hundreds dead. Rescuers are still pulling bodies from ruined buildings in the rural town of Pisco and nearby villages, 200km south-west of the

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Massive quake kills over 330 in Peru

A massive earthquake hit Peru on Wednesday evening and officials said more than 330 people were killed in the rubble of collapsed homes and a church as rescuers searched for victims early on Thursday. Peru's health minister initially said

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Powerful quake rocks Peru; 15 killed

A powerful earthquake rattled Peru  on Wednesday, killing at least 15 people and injuring more than 200 as homes and a church collapsed. Peru's health minister said 15 people died and civil defense officials reported that the Senor de

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