Tap That: Investors Score With Gold, Silver Mines in Argentina

Patrick Archer agribusiness, foreign investment, real estate

Casposo, a gold and silver mine in Argentina’s San Juan province is on the fast track toward producing its first gold in September, less than a year after initial excavation commenced. The news was the highlight of Troy Resources (ASX:TRY) quarterly earnings call earlier today. Australia-based Troy is an aggressive mid-tier gold producer with South American mining operations in Argentina …

Regional Survey: How Hot Is Buenos Aires for Foreign Investors?

Patrick Archer buenos aires events, competitiveness, foreign investment

If Buenos Aires were a woman, how attractive is she compared to the other municipal babes in Latin America? It might sound like the premise for a really bad reality TV show, but it was actually the focus of a serious study on foreign investment undertaken by a Chilean consulting firm and the research arm of a major Colombian university. …

Foreign Banks Rethink Buenos Aires Branch Strategy

Patrick Archer buenos aires events, competitiveness, foreign investment, franchises, us companies

“In Puerto Maderero and Recoleta these days, the executive suits are everywhere. Suddenly, we are seeing more limos and formally-dressed men entering and leaving meetings in cafes and luxury hotels,” says Argentine daily Clari­n. And while these meetings between wealthy Argentines with investments abroad and their financial advisors used to take place in local offices, new Argentine Central Bank regulations …

Jazz & Pluna: Bombardiers of a Feather

Patrick Archer foreign investment, tourism, uruguay

Canadian airline Jazz is spreading its investment wings to the Southern Hemisphere by acquiring a stake in Uruguay’s flagship carrier, Pluna. And while the union of Nova Scotia-based Jazz with Montevideo-based Pluna might seem an odd pairing at first glance, a closer inspection reveals two very unique, quality-focused, Bombardier-rich regional carriers meeting niche passenger demands. Jazz serves as a contract …

Agricultural Exports, Farm Loans Surge in Argentina & Uruguay

Patrick Archer agribusiness, foreign investment, uruguay

As farmers in Argentina and Uruguay ride a wave of recovery, exports are booming and banks are poised to increase lending dramatically, according to Bloomberg. We’ve covered the bullish forecasts regarding this year’s corn and soy crops, and now it appears the banks have taken notice. “Banco Galicia, Argentina’s second-biggest farm lender, expects agricultural loans to increase about 40 percent …