Vale LatAm's fifth biggest gainer
Brazilian mining giant Vale's market cap rose 72.9% to US$27.3bn as of August 25 compared to US$15.8bn at the end of 2015, making it the fifth most valuable publicly traded company in Latin America and the one whose value rose the fifth most in the period.
Federal oil giant Petrobras was the biggest gainer, rising in value by US$30bn or 116% to US$55.9bn, according to figures compiled by consultancy firm Economatica.
Bank Bradesco, beverage giant Ambev and bank ItauUnibanco came second, third and fourth in terms of higher value, with gains of 23.1bn reais, 22.1bn reais and 21.3bn reais, respectively, Economatica said. All are Brazilian.
Brazil's Santander BR, Banco do Brasil, Telefonica Brasil, Cielo, Eletrobras, BB Seguridade and BM&FBovespa; Mexico's Peñoles; Peru's Credicorp; and Colombia's Ecopetrol completed the list of the 15 firms in Latin America with the biggest increases in value.
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News in: Mining & Metals (Brazil)
Brazil’s Bradesco betting big on water, mining, electricity
BNamericas talks to Fernando Guimarães, project finance head at Bradesco BBI, about the auspicious scenario and recent developments.
Brazilian mining association to represent firms in legal action against state taxes
"This was a very important victory in the supreme court," Ibram president Raul Jungmann said in a statement.
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Other projects in: Mining & Metals (Brazil)
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
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Other companies in: Mining & Metals (Brazil)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Infotec Brasil Consultoria E Planejamento Ltda. (Infotec Brasil)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Fomentas Participações Ltda. (Fomentas Mining Company)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Construtora e Incorporadora Nazaré Ltda. (Nazaré)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Lipari Mineração Ltda. (Lipari)
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Lipari Mineração is a Brazilian mining company focused on the development of its wholly-owned Braúna open-pit diamond project, in Bahia state. The project is South America's fir...
- Company: MIP Engenharia S.A. (MIP Engenharia)
- Company: Mineração Terras Raras S.A. (Mineração Terras Raras)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Atlântica Minas Empreendimentos, Participações e Mineração Ltda. (Atlântica Minas)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Grupo Minas Gusa
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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