USA and Canada


Actavis has spent many billions of dollars in the last three years acquiring rival drug companies in order to expand its products portfolio, however this marks its biggest purchase ever and is one that it expects to bring more than $1 billion in cost savings.


Located in La Rinconada El Salto, in the province of Huechuraba next to the new Financial District of Santiago, Ciudad Empresarial is the largest business park in Chile. “The concept for the business park came together in 1995,” explains Project Director, Benjamin Labra. “At the heart of this concept was a vision to create a neighbourhood of offices, residential space and retail services, the integration of which would become a milestone moment for Santiago and Chile as a whole.”


Measuring two and three-quarter miles across and with a depth of approximately three-quarters of mile, the Bingham Canyon Mine was for many years the largest man-made excavation on Earth. It is from here, southwest of Salt Lake City, Utah, in the Oquirrh Mountains that Rio Tinto Kennecott sources almost a quarter of the total copper needs of the United States.


Net income for the quarter ending on 28 December rose by 33 percent from a year earlier to $1.84 billion. The earnings, which beat analyst expectations, were driven by the performance of its film business which was responsible for the likes of Thor: The Dark World and Frozen, the 3D animated take on Hans Christian Andersen’s tale The Snow Queen. The film has taken more than $864 million in box office receipts around the world.


When we last spoke to President and CEO of DNI Metals Shahe Sabag towards the end of 2011 his company had just achieved a significant milestone in its history, identifying the first mineral resource from one of its six mineral systems located within the 2,720 square kilometre property the company holds in the Birch Mountains, north of Fort McMurray adjacent to the oilsands deposits of northern Alberta, Canada.


The company has announced C$4.3 million deal that will see it issue 21.65 million new shares in exchange for the entire issued share capital of St Vincent Minerals (SVM), whose assets include the Gabbs property in Nye County, Nevada.

The deal represents a departure for Galileo, whose portfolio until now had included three projects and nine exploration sites across South Africa, Zambia and Mozambique.


Doña Inés de Collahuasi, a Chilean mining company, operates the world's fourth largest copper mine. The operation comprises two principal porphyry copper deposits, Ujina and Rosario, as well as a smaller deposit called Huinquintipa that contains only sulphide mineralisation and copper oxides. It is a joint venture owned by two mining majors, Swiss-based Xstrata and London-based Anglo American, with 44 percent of the shares apiece.


Approximately 65 kilometres away from Santiago, in the Metropolitan Region, and 3,500 metres above sea level, one will find the Los Bronces division of Anglo American. Managed by a team of executives, the head of which is General Manager, Christian Thiele, the Los Bronces division boasts a workforce of more than 1,700 people, including company employees and operation and project contractors. Collectively they are responsible for implementing the Los Bronces Development Project, the objective of which is to boost the mine's production capacity.


Net income for the technology giant came in at $6.56 billion for the October-to-December period, up from the $6.38 billion posted a year earlier. Earnings for the firm were boosted by sales of the new Xbox One console and its range of Surface tablets, as well as strong demand from businesses for its cloud computing services. Sales of the firm's cloud programs, such as Office 365 and Azure, more than doubled in the December quarter from a year earlier, while sales of its Surface tablets doubled from the previous quarter.