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//Loren Moss
Photo credit - https://imgur.com/user/josemanueldaes
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Tecnoglass Delisting from Colombia’s BVC Stock Exchange, Remains Committed To NASDAQ

Colombia’s largest glass manufacturer Tecnoglass (NASD: TGLS; BVC: TGLSC) has announced that it will begin the process to delist ordinary shares from the “Bolsa de Valores de Colombia,” (BVC) Colombia’s principal stock exchange based in Bogotá. “As we have shifted from under 60%...
Posted On December 2, 2019
, By Loren Moss
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Colombia’s President Ivan Duque To Tap Ecopetrol For $1 Billion USD To Fund Promises, Quell Protests

At the instruction of the Colombian President Ivan Duque’s finance ministry, Colombia’s state-controlled petroleum company, Ecopetrol (NYSE: EC, BVC: ECOPETROL) has called for an extraordinary meeting of shareholders for December 16th at 7:30am in Bogotá’s Corferias...
Posted On December 2, 2019
, By Loren Moss
Decameron Barú Resort, Colombia
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Colombian Hotel Occupancy Sets Record For January – September 2019

Statistics announced by Colombia’s DANE statistics agency indicate that for the first 3 quarters of 2019, hotel occupancy reached a rate of 56.7%, and hotel revenues rose 11.7% over the same period the previous year, and the highest in the past 14 years. José Manuel Restrepo,...
Posted On December 2, 2019
, By Loren Moss
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Colombia Reduces Import Duty On Heavy Trucks Powered By Natural Gas, Electric Vehicles

The Colombian government announced last week a reduction on the import duty against heavy trucks from 15% to 5%. The decree 2051 of November 13, 2019 was enacted, also setting the tariff as zero for the importation of electric vehicles. This rate will expire in 2027 and is...
Posted On December 2, 2019
, By Loren Moss
The Higabra Valley Tunnel at Continental Gold's Buriticá goldmine in Antioquia.
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Continental Gold Acquired By China’s Zijin Mining For $1.05 Billion USD

This morning, international mining companies Continental Gold of Toronto, Canada (TSX:CNL; OTCQX:CGOOF) and Zijin Mining Group Co. of Fujian China (SSE:601899; SEHK:2899)  have announced that Zijin is to acquire all outstanding shares of Continental at a price of $5.50 Canadian...
Posted On December 2, 2019
, By Loren Moss
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Chevron Sells Colombia Upstream Operations To Ecopetrol Subsidiary Hocol

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,...
Posted On November 29, 2019
, By Loren Moss
movistar colombia fine million ultramagic
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Telefonica Seeking To Spin Off Non-Brazil Latin America Operations

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...
Posted On November 29, 2019
, By Loren Moss
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Sickening Police Violence & Vandalism Tarnish Colombia’s Largely Peaceful Protests

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...
Posted On November 22, 2019
, By Loren Moss
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Analysis: What does Colombia’s “Day of Rage” mean for Business & Politics?

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...
Posted On November 22, 2019
, By Loren Moss
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4th Annual Colombia Gold Symposium Solidifies Its Position As Most Important Gold & Copper Event For Colombia & Ecuador

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...
Posted On November 18, 2019
, By Loren Moss
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