Uruguay Gold Mine Resource Estimate Revised Sharply Higher

Patrick Archer competitiveness, foreign investment, real estate, uruguay

The northern Uruguay Department of Rivera attracted British miners a full century ago and Spanish mineros 250 years ago. Now a South American producer and explorer is writing the next chapter in Uruguay mining history, and the outlook is brillante based on revised resource estimates. This month Orosur Mining (OMI.TO) announced an upward revision for the San Gregorio deposit thanks to exploration activities under and …

Global Fashion Brands Targeting South America, Still Avoiding Argentina

Patrick Archer arts & entertainment, competitiveness, foreign investment, franchises, lifestyle, real estate, us companies

Four years removed from the mass exodus of Polo Ralph Lauren, Louis Vuitton and Escada from the streets of Recoleta, global fashion brands are once again targeting major South American metros with the notable exception of BA. “Foreign Clothing Brands Keep Avoiding Argentina” is the headline of Alfredo Sainz’s excellent piece in La Nacion charting the retail resurgence in neighboring countries and the extended fashion freeze in …

Chevron Confirms “Impressive Progress” Of Vaca Muerta Shale Oil Production

Patrick Archer competitiveness, foreign investment, real estate, us companies

The Vaca Muerta shale formation in Argentina’s Neuquen Basin continues to generate positive results and press releases for Chevron Corporation. Chevron Reaffirms Investment & Highlights Results is the headline of an article in today’s Diariamente Neuquen which says the California-based company’s Loma Campana well has doubled hydrocarbon output since January 2014. The Chevron press release touted the “impressive progress” of the …

Buenos Aires Retail Vacancies Rise Another 15% This Summer

Patrick Archer buenos aires events, competitiveness, real estate

Retail vacancy rates rose another 15% this summer in Buenos Aires, as a combination of double-digit inflation, higher rents and unlicensed street vendors sapped the strength of calles comerciales. A new report from the Argentina Retail Chamber (CAC) says the number of retail vacancies observed during the first two months of 2015 reached 324 or 15% more vacancies than before the summer began. Another …

Buenos Aires Taxi Drivers, Industry Divided Over Mobile Apps

Patrick Archer ba government, buenos aires events, competitiveness, creative class, foreign investment, lifestyle, technology, tourism, us companies

Buenos Aires residents and visitors are the beneficiaries of a new wave of technology designed to make calling a taxi easier, faster and more transparent. And while many Buenos Aires taxi drivers have been early adopters of mobile apps, the industry they work for is not exactly giving new technology un abrazo grande. The Complicated Relationship Between Buenos Aires Taxi Drivers …