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US based petroleum supergiant Chevron-Texaco (NYSE: CVX) and Colombia’s state controlled Ecopetrol (NYSE: EC, BVC: ECO) Subsidiary Hocol have announced the inking of a deal for Hocol to acquire Chevron’s 43% stake and operational responsibility in the Asociación Guajira project,...

Spanish telephone company Telefónica (BME: TEF) announced this week in a letter to from the CEO that it intends to spin off its Spanish-language Latin America operations in order to focus on business in Spain, Brazil, Germany and the United Kingdom. According to the company in a...

Colombia’s National Strike that took place yesterday, November 21 was overwhelmingly peaceful—depending upon where one was. Medellín and Cartagena saw almost completely peaceful protests, while Cali saw incidents of violence, and predictably, Bogotá saw massive acts of vandalism...

Yesterday in Colombia the country saw massive protests in every major city and in many small towns and even rural villages. The marches, largely peaceful with some exceptions in Bogotá, Cali and some looting in the small, impoverished city of Buenaventura, were a perfect storm of...

The 2019 Colombia Gold Symposium was held once again last week from November 12-13 in Medellín’s Hotel San Fernando Plaza. The unique event brings together each year investors, operators, explorers and service providers in the gold, silver and copper mining sector across Colombia...

The number of exporters in Colombia’s Cacao sector continue to grow, as the country continues to work to improve the quality of the fruit, and to meet international quality and sustainability standards. During the Chocoshow held at the Corferias Convention Center in Bogotá, Vice...

Continental Gold (TSX:CNL; OTCQX:CGOOF) has provided an update on its progress at its mine in Buriticá, Colombia, and financial status.  As of September 30, 2019, the company had $78.9 million USD in cash and cash equivalents (including $6.8 million in restricted cash). To reduce...

Colombian state-controlled petroleum company Ecopetrol (BVC: ECOPETROL, NYSE: EC) has announced the successful closing of a transaction announced July 31, where Ecopetrol entered a joint venture with Occidental Petroleum (NYSE: OXY) to develop 97,000 acres of unconventional...

Bogotá-based real estate company Habi today announced that it has closed a $5.5 million pre-seed round led by Tiger Global Management, with participation by investors Homebrew and Zigg. Reshape Holdings, FJ Labs, Supernode Ventures and other investors. According to its website,...

Banco de Bogotá has reached an agreement with Multi Financial Group (MFG), Panama’s eighth largest banking group by assets, to acquire 100% of its common capital for about $730 million dollars in an all-cash transaction. The proposed acquisition will add $5 billion to Banco...