USA and Canada


The company, run by US investor Warren Buffett, has reported that net profit rose 29 percent to $5.05 billion in the three months to September from the same period last year.

This was mainly down to its investments at the peak of the financial crisis in General Electric and Goldman Sachs, boosting it by $1.2 billion. Meanwhile, Berkshire's revenue also grew 13 percent to $46.5 billion.


Reports have emerged that AT&T executives have already begun mapping out a strategy for what would be a complex deal with Europe’s largest mobile carrier. Part of this plan involves identifying which of Vodafone’s assets the company would retain and which it would sell off, and to whom.


While the name, SPX Cooling Technologies, has only been in use since 2005, the company that bears this title actually possesses over a century of experience, during which time it has become amalgamated with some the best known names within the cooling industry including Marley, Ceramic, Recold and Hamon Dry Cooling. This has resulted in the company possessing more than 250 global patents in the power generation, industrial, refrigeration and HVAC markets.


Peru’s rich mining history is well documented, with the roots of what has become a hugely attractive region for the industry dating back centuries. Such a legacy can be seen in the development of the Colquijirca mine, the origins of which pre-date the era of the Incas, when it has been documented that ancient tribes silver mined the surrounding foothills of Puntac-Marca.


As reported last year, just a year in from its $3.3 billion purchase of Western Coal, Walter Energy had succeeded in dramatically increasing the output of the three Canadian mines. Wolverine, Willow Creek and Brule located near the towns of Tumbler Ridge and Chetwynd have all seen further rationalisation and improvement in the intervening year. Dan Cartwright, president of Walter Energy’s Canadian operations, though his brow may be knitted over global coal prices and a market over which he can have little influence, has plenty to be pleased about.


Over the last ten years, the value of Peru’s mineral production has increased dramatically. During the five-year period from 2005 to 2010, mining exports increased from $9.8 billion to $21.7 billion, raising the country’s mining profile internationally and presenting significant consulting opportunities.


If you were to set out today from Chile’s capital city, Santiago, and head 1,650 kilometres north you would eventually come to what is the world’s largest open pit mine. Based 2,870 metres above sea level, the Chuquicamata Mine is without question one of the jewels in the crown of Codelco, the planet’s largest producer of copper.


The group, also made up of Total, Shell and two Chinese firms has won the right to explore the Libra oilfield’s estimated 8-12 billion barrels of recoverable oil reserves for the next 35 years.

Already entitled to a 30 percent stake in the project, as stated in the rules governing the auction of the Libra rights, Petrobras also obtained a further ten percent stake in the field. French oil giant Total and Anglo-Dutch Shell will hold 20 percent each, while Chinese state companies CNPC and CNOOC take ten percent each.


Hydro-Québec owns and operates 60 power-generating facilities across the province. It was created in 1944. “At that time it was essentially an electricity distribution operation, with some generation in the greater Montreal region,” explains President and CEO Thierry Vandal, who has led the company since 2005, having joined it in 1996. “That was the situation until 1963 when, through a number of acquisitions, the corporation grew to develop a footprint which covers all the territory of Québec. Hydro-Québec became a regional player.”

As the clock tolled midnight to usher in Tuesday 1st October 2013, one of the hardest fought tug-of-wars in recent political history reached an unwelcome stalemate, one that immediately resulted in the shutdown of the government of the world’s biggest superpower.

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