Month

José Manuel Restrepo, Colombia’s Minister of Commerce, Industry and Tourism has announced a hotel occupancy rate for March of this year of 58.44% reached by hotel occupancy in March, according to figures released by DANE, Colombia’s national statistics agency. For Restrepo, this...

Fitch Ratings ratified the BBB international rating and the AAA and F1 + national long and short-term ratings, respectively, of ISAGEN S.A. E.S.P., all with stable perspective. Likewise, it affirmed the AAA rating of local bond issuances of ISAGEN, and the AAA and F1 + the long...

Toronto, Ontario based Royal Road Minerals Limited (TSXV:RYR) has announced that it has entered into an agreement with Canadian investment advisors Pollitt & Co. Inc. as its agent in connection with a proposed private placement offering of up to 40 million ordinary shares of...

Colombia’s house of representatives approved as part of its National Development Plan last week, authorization for the Ministry of Mines & Energy to study the possibility of introducing Hydraulic Fracturing, nicknamed “Fracking,” in Colombia. The unconventional petroleum and...

Bogotá based Rappi, an on-demand delivery startup operating in Latin America, has announced an investment of up to $1 billion USD from Japanese tech giant SoftBank Group Corp and SoftBank Vision Fund. The investment marks the largest technology financing to date in a Latin...

The Viva Air Group and Cartesian Capital Group have announced Cartesian’s capital investment of $50 million to contribute to the growth and internationalization of the airline in Colombia, Peru and more destinations. “The fact that a private global capital firm such as...

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced Thursday its first quarter 2019 results up to March 31, 2019, highlighting record breaking gold production and low production costs. In a written statement, the gold miner operating Marmato and Segovia gold mines in...

Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) yesterday announced high-grade assay results from the initial 12 holes drilled into BMZ4, a new discovery located in the eastern-most part of the Yaraguá system at its 100%-owned Buriticá project in Antioquia, Colombia. Continental...

Chevron Petroleum has received a green light from Colombia’s Superintendency of Industry and Commerce (Superintendencia de Industria y Comercio) to purchase Peru-based Primax’s interest in their jointly owned petroleum terminals in the Cali suburb of Yumbo, and the Pacific port...

According to Standard & Poor’s, Avianca Holding’s plans to refinance its $550 million (USD) senior unsecured notes has taken longer than expected, given several reasons. These include delays to clear certain contractual proceedings with Avianca’s shareholders...