Chilean orange shipments concern South African exporters
Comments OffSouth African oranges will compete with Chilean oranges for the first time in the U.S. this summer, following the U.S. Department of Agriculture’s approval of the Chilean fruit this summer. This box of South African navels, packed for Costco by A.L.G. Estates, Citrusdal, bears the Western Cape Citrus Producers Forum’s Summer Citrus logo. “Our market [...]
New Chile LNG supply will not change energy mix
Chile will receive its first shipment of liquefied natural gas later this month, helping to partially diversify gas supply to the South American country. However, a crash in pipeline gas supply to Chile in recent years led to a massive increase in diesel-fired power generation that LNG imports alone will not reverse. “LNG will not [...]
Charge over Chile singer's death
Comments OffA judge in Chile has charged a former soldier in connection with the killing, more than 35 years ago, of the popular folk singer Victor Jara. The accused man, Jose Adolfo Paredes Marquez, who is now 54, was an army conscript at the time. Victor Jara was among thousands of people rounded up in the [...]
Chile Peso at 8 month High!
The Chilean peso closed at an eight-month high against the U.S. dollar Friday, after recovering from an early session tumble. The peso ended the session at CLP559.00 to the dollar, compared with CLP561.80 the previous session, after moving in a CLP558.50 to CLP562.30 range. The peso opened weaker on the consumer price and industrial production [...]
Chile Lomas Bayas miners strike for sixth day
Comments OffMine workers at Xstrata’s (XTA.L) Lomas Bayas copper deposit in northern Chile continued to strike for a sixth day on Monday, after wage talk negotiations with the company failed. The Lomas Bayas deposit, which is located in Chile’s Atacama desert, has an annual output capacity of around 75,000 tonnes of copper. Chile is the biggest [...]
