USA and Canada


Discovered in 1866, the Mesabi Iron Range is the chief deposit of iron ore in the United States. Located in northeast Minnesota, within a jurisdiction which has long boasted a track record of successful mineral developments and operations, it is a vast deposit of the mineral that was extensively mined throughout the early part of the 20th Century through to the late 1960s, when natural ore reserves were depleted.


Though the name suggests otherwise, Port Everglades does not actually form part of the Florida Everglades, rather is it located on the south-eastern coast of the Florida peninsula within the cities of Fort Lauderdale, Hollywood and Dania Beach. Situated in close proximity to the Atlantic Ocean shipping lanes, the Florida East Coast railway, the state’s highway system and the Fort Lauderdale-Hollywood International Airport, it serves all of South Florida from Miami to Palm Beach and Orlando.


The new company, to be called ChiquitaFyffes, will be worth around $1 billion and will sell approximately 160 million boxes of bananas annually. As part of the merger shareholders will receive shares in each firm, with Fyffes shareholders owning about 49.3 percent of the combined company.

"This is a milestone transaction for Chiquita and Fyffes that brings together the best of both companies," said Chiquita boss Ed Lonergan. He added that the deal will help the US company save costs and expand the areas it serves.


The deal between Cerberus Capital Management, which owns several chains including Albertsons, and Safeway has been valued at approximately $7.64 billion in cash, however this could eventually increase to more than $9 billion.

Bob Miller, chief executive of Albertsons, said that the size of the new outfit would improve its bargaining position with suppliers. The merger will create an organisation boasting more than 2,400 stores and 250,000 employees.


BFL CANADA is a no-nonsense insurance brokerage and risk management firm, founded by Barry F Lorenzetti in 1987 and now the largest employee-owned and operated commercial insurance broker and consulting services firm in the country, with offices in nine major cities from Vancouver in the west to Halifax in the east. Though BFL is active in upward of 20 vertical business sectors, one of the most important of these is mining, mineral processing and exploration.


For many years tourism and agriculture have been the traditional drivers of economic growth for the Dominican Republic. However in more recent times a third pillar has been slowly emerging and developing and that is mining. Today the sector is a cornerstone of the country’s economic prosperity, with the mining industry’s contribution to its GDP rising by as much as 74 percent in 2011 alone.


The $19.5 billion it made topped the $14.8 billion achieved in 2012, with growth in the company’s book value coming it at 18.2 percent. "On the operating front, just about everything turned out well for us last year - in some cases very well," Mr Buffett wrote to shareholders.


It was in 1975, two years after the members of the Organization of Arab Petroleum Exporting Countries (OAPEC) proclaimed an oil embargo sparking a five month oil crisis, that the concept of a State Energy Corporation was first mooted within Jamaica.


Kassa Maru has a bit of experience behind him when it comes to working within the aviation sector. The fact is that the founder, Chairman and President of American General Supplies (AGS) is a man with an employment history that few could hope to match, and that many would be envious of.


We’ve all been in settings over the years, from locker rooms to auto plants in China, in which motivational signs were prominently displayed to ensure that key lessons were not forgotten.

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