The company warned Monday it would report lower production figures for the October-December quarter, mainly due to the strikes that hit its South African operations last year.
Latin America will benefit from having “more firepower” than other regions, as strong international reserves are already helping those countries face commodity price collapses, said Lisa Schineller, Standard & Poor's economist.
Exploration investment in the country reached a record high of $3.9 billion in 2011, with the three territories receiving 22% of the total international spending for the year.