Mining Margins Hit 27% as Gold Beats Steel
Mining margins reached 27% in 2025 on revenue up 1%, McKinsey said on 13 October; Mexico's output value rose 21.2%...
October 19, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Tanzania’s State Miner Plans 3 New Mines
Tanzania's state miner STAMICO plans three new mines, two for gold and one for graphite, after revenue reached US$56.2 million...
October 17, 2026
Guinea Bauxite Boss Sees US$1.2 Billion Tax
Businessman Fadi Wazni says Guinea bauxite exports may near 200 million tonnes and pay US$1.2 billion in tax, with an...
October 17, 2026
Chile Rules Out Sale of Codelco’s Parent
Chile will not sell Codelco's parent company, Minister Daniel Mas said on 16 October, but wants partnerships. See what it...
October 16, 2026
Northern Ghana Water Gets US$363M Package
Ghana has lined up US$363 million for water in Tamale, Yendi and Damongo; the European Investment Bank leads with US$253...
October 16, 2026
South Africa ATM White Labelling Pilot Set for Jan 2027
The Reserve Bank wants all of South Africa's roughly 30,000 ATMs unbranded and shared, starting with a January 2027 pilot....
October 16, 2026
Chile Electricity Bills Set to Fall 4.3%
Chile electricity bills will fall an average 4.3% from January 2027, the government says, though three southern regions face increases.
October 16, 2026
Pemex Rating Cut Follows Mexico’s Downgrade
The Pemex rating cut by HR Ratings, from BBB+ to BBB with a stable outlook, follows Mexico's sovereign downgrade and...
October 16, 2026
Brazil Retailer Settlement Pays Fired Staff
The Brazil retailer settlement ends a labor court case: Casas Bahia will pay about US$1,480 to each of 4,300 workers...
October 16, 2026