The Spanish businessman Enrique Bañuelos, became, through his...

The Spanish businessman Enrique Bañuelos, became, through his investment firm Veremonte, the main shareholder of the Australian mining Gladiator Resources, which maintains a project of iron in Uruguay and expected to boost its activities in Latin America.
The company of Bañuelos acquired 19.3 % of the shares of Gladiator for an amount not revealed, according to informed sources this Tuesday the company.

Gladiator Resources account with a project in Uruguay, Island Crystal Belt, valued at $400 million and dedicated to the exploitation of iron ore mines.

The president of Gladiator, John Palermo, showed its 'total support and joy' to have to Veremonte as partner of reference for the development of its projects in Latin America, said the investment firm.

For the company of Bañuelos, Gladiator is 'adequate' platform for investment in the mining sector in all of Latin America.

This operation occurs weeks after Bañuelos agreed purchase 28.4 % of the Amper group Spanish technological, by close to $25 million, thereby becoming its principal shareholder.

In addition, among the most recent movements of the Spanish businessman figure reduced below the 3% its share in the capital of the agribusiness group Cutting Edge brazilian Agro, former Brazil Ecodiesel, in several operations for a total of 120 million euros.

Until its investment in Cutting Edge Agro, Bañuelos (46 years and with a personal fortune that Forbes magazine puts in $1,500 million, focused their business in the Brazilian real estate sector, where is the majority shareholder of constructor PDG Realty Group.