Fortuna Silver Mines Inc. announced on Tuesday an update on the status of legal proceedings related to a disputed royalty over one of its extraction mining concessions at the San José gold and silver mine, located in Oaxaca, Mexico. The company started production at the San José mining
New vehicle sales in Colombia fell 6.7% year-on-year in November to 22,330 units, according to information from the Unique National Traffic Registry (RUNT). Also in November 2020, 49,742 new motorcycles were registered, with a decrease of 10.6 percent. In the accumulated to November, vehicle sales were 161,537 and
Grupo LALA announced this Tuesday the closure of its operations in Costa Rica for December 11, 2020. The company argued that this decision was made as a result of an evaluation of the geographic footprint, performance and compatibility within the future strategy, and in line with the company’s
The peso closed the session with an appreciation of 0.67% or 12.5 cents, trading around 20.04 pesos per dollar, erasing the losses from Monday’s session. In the foreign exchange market, most of the currencies closed with an appreciation against the dollar, with the peso ranking as the sixteenth
The IMEF Manufacturing Indicator decreased 1.1 points in November to settle at 48.5 units. Thus, the IMEF Manufacturing Indicator remained in a contraction zone (<50) for 18 consecutive months, as the seasonally adjusted data for October was revised down to 49.6 points. Its trend-cycle series increased 0.9 points
The movement of containers in ports around the world will contract 7.3% in 2020, according to a scenario by the Drewry consultancy, referred to by the United Nations Conference on Trade and Development (UNCTAD). The contraction of container movement could amplify and reach 12% if the negative scenario