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South America

South America is a continent in the Western Hemisphere, comprising 12 sovereign countries and three territories. It has a population of about 430-million people and a combined GDP of approximately $3.5-trillion. The continent is rich in natural resources, including vast reserves of copper, lithium, iron-ore, oil and gas, and is home to the Amazon rainforest, the world's largest tropical rainforest. Major economies include Brazil, Argentina, Chile, Colombia and Peru. Key sectors driving economic activity are mining, agriculture, energy, manufacturing and services. South America exports significant volumes of commodities such as soybeans, copper, beef, coffee and crude oil to global markets. The continent is a member of several regional blocs, including Mercosur, the Pacific Alliance and the Union of South American Nations. Infrastructure development, trade integration and political stability remain central themes in South American business and development discourse. The continent's economic fortunes are closely tied to commodity price cycles and demand from major trading partners, particularly China, the US and Europe.

South America News


Iron-ore heap
China August iron-ore imports beat expectations as typhoons delay July customs clearance
8th September 2026 By: Reuters

China's iron-ore imports in August rose 0.4% from a month earlier, defying analysts' expectations for a decline, as multiple typhoons battered unloading at ports and delayed customs clearance in... 


Danie Pretorius
Master Drilling to focus on improving fleet use, consolidating its revenue base after ‘mixed’ first-half performance
25th August 2026 By: Lumkile Nkomfe

Specialised drilling services company Master Drilling has posted strong results for the six months ended June 30, with group revenue having increased by 17% year-on-year to $155.8-million and... 


Peruvian President Keiko Fujimori
Peru aims for $33bn mining pipeline as Fujimori cuts red tape
21st August 2026 By: Reuters

Peruvian President Keiko Fujimori's government expects mining investments of at least $33-billion over its five-year term, the Prime Minister said on Thursday, as the major copper-producing nation... 


BHP North America president Jessia Farrell
Mining major BHP to split president Americas role into two positions
26th June 2026 By: Reuters

Mining major BHP will split its president Americas role into two positions, president North America and president South America, as part of the executive leadership team changes it announced on... 


Race to execute is key to S America success
19th June 2026

South America is increasingly becoming one of the most strategically important mining regions for the future stability of global copper and lithium supply. Chile, Peru and Argentina sit at the... 


Image of the Atlas Copco X-Air 900-20 portable air compressor
Air compressors for tough drilling applications
12th June 2026

Atlas Copco has expanded its DrillAir portfolio of portable air compressors with the launch of a solution designed for demanding drilling applications in Africa, Australia and New Zealand, Central... 


Multotec named SACEEC Exporter of the Year for driving sustained export growth, localisation, and innovation
Multotec named SACEEC Exporter of the Year for driving sustained export growth, localisation, and innovation
28th January 2026

Multotec has been named Exporter of the Year by the South African Capital Equipment Export Council (SACEEC) securing both the overall Exporter of the Year title as well as the category award,... 


An image of iron ore
Iron-ore prices to remain elevated in 2026, but upside limited – BMI
28th November 2025 By: Tasneem Bulbulia

Fitch Solutions unit BMI expects iron-ore prices to settle at a yearly average of $95/t in 2026, slightly down from $97/t this year, as prices come under pressure from additional supply coming... 


Schneider Electric Accelerates Industrial Decarbonisation at COP30
Schneider Electric Accelerates Industrial Decarbonisation at COP30
20th November 2025

Schneider Electric, a global energy technology leader, announces its participation in the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil. The company arrives at the event... 


oil in hand
Unctad says commodity-dependent countries are missing out on fiscal benefits of value addition
22nd July 2025 By: Marleny Arnoldi

While commodities are a vital engine for global trade, it is value addition that holds the key to more diverse and resilient economies, says United Nations Trade and Development (Unctad). The share... 


Ecuador court to decide on fee that mining industry says imperils drilling
11th July 2025 By: Bloomberg

Ecuador’s government and its fledgling mining industry are heading into a legal battle over a controversial fee announced last month. The industry sees the measure as a tax that will stymie... 


A generic image of an opencast mine
Responsible governance required for effective operations
20th June 2025 By: Lumkile Nkomfe

Strong governance in South America’s mining sector will advance sustainable, responsible and transparent resource management, while promoting economic development and reducing social and... 


Peru says large-scale informal copper mining exists and could grow
4th June 2025 By: Bloomberg

Peru’s government is acknowledging for the first time the existence of large-scale informal mining of copper, warning that high prices could see the activity grow in the near future. The... 


Telcables continues African expansion
25th April 2025 By: Natasha Odendaal

Angola Cables’ connectivity division, Telcables, continues to expand its network capabilities as digital demand grows across Africa. Recent investments in data centre infrastructure and... 


How one of the World's Largest Silicon Metal Producers Revolutionised Supplier Management
How one of the World's Largest Silicon Metal Producers Revolutionised Supplier Management
28th March 2025

As South America's largest and a global leading producer of silicon metal, Liasa, stands out not only for its technological innovation but also for its commitment to sustainable practices. In 2022,... 


Newmont again postpones investment decision for Yanacocha Sulphides project
24th February 2025 By: Reuters

Precious metals miner Newmont said on Friday that it will again postpone a final investment decision for its Yanacocha Sulphides project in Peru. In a statement, the company said the postponement... 


Nutrien misses fourth-quarter profit estimates on lower crop potash and nutrient sales
20th February 2025 By: Reuters

Nutrien fell short of Wall Street expectations for fourth-quarter profit on Wednesday, as the top potash producer struggled with lower sales of crop nutrients and potash, although it raised its... 


Trump’s policies to have major impact on global critical minerals sector
7th February 2025 By: Sabrina Jardim

The global minerals and metals sector is expected to face significant volatility owing to expected dollar strength and trade policy shifts led by US President Donald Trump, with sentiment highly... 


Pilbara sees marginal lithium price improvement
Pilbara sees marginal lithium price improvement
29th January 2025 By: Mariaan Webb

Australia’s biggest pure-play lithium miner, Pilbara Minerals, has reported a modest increase in lithium prices for the December quarter. However, CEO Dale Henderson cautions that it is too early... 


The Doha International Diamond and Gemstone Conference – A Fresh Frontier for the Industry
The Doha International Diamond and Gemstone Conference – A Fresh Frontier for the Industry
22nd January 2025

The inaugural Doha International Diamond & Gem Conference will be held in Doha, the capital of Qatar, at The Ned, from January 29 to 31st, 2025. 


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pqt: 0.099s - ct: 0.148s - 277pq - 2rq
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