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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...

Cali has become a strategic point for investment in Colombia’s services sector, earning the moniker “hometown of Corporations”, with more than 150 domiciled in the Valle de Cauca region, servicing national and international markets. The region has 4.7 million inhabitants and it...

ARPEL recently launched the white paper “Systemic Approach to Improve Recovery Factors of Oil Resources,” which aims to share with various stakeholders options to improve the recovery factors of mature oil reservoirs in a systemic way. In particular, an evaluation was...