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By

//Loren Moss
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Pacific Exploration & Production To Miss Interest Payments Due Tomorrow (January 19)

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced on Thursday that it has elected to utilize the 30 day grace period pursuant to the indentures governing its 5.625% notes due January 19, 2025, and its 5.375% notes due...
Posted On January 18, 2016
, By Loren Moss
The Higabra Valley Tunnel at Continental Gold's Buriticá goldmine in Antioquia.
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Colombian Law Enforcement Begins Eviction of Illegal Miners From Continental Gold’s Buritica Claim

Continental Gold Inc. (TSX: CNL) (OTCQX: CGOOF)  announced today that national and regional police authorities in Buriticá, Antioquia launched a significant operation to evict illegal miners from unsafe areas near the company’s Veta Sur operations in the town of Buriticá...
Posted On January 18, 2016
, By Loren Moss
Photo credit - https://imgur.com/user/josemanueldaes
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Exclusive: CEO José M. Daes Discusses Tecnoglass’ Recipe For Success, NASDAQ & BVC Listings, Barranquilla’s Talent Pool

Tecnoglass can be called one of the first true Colombian multinationals, going beyond selling to other Latin American countries and establishing a significant market presence in the United States, which now accounts for more than half of revenues. With headquarters on Colombia’s...
Posted On January 17, 2016
, By Loren Moss
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Colombia Gets 57 New Airline Routes in 2015, Bogotá’s El Dorado International Gets New Air Traffic Control Tower

Colombia’s civil aviation authority, Aeronautica Civil, also known as Aerocivil,  approved 57 new airline routes requested by airlines in 2015, including 34 national and 23 international routes. From the dates of approval, airlines have up to 180 days to provide service on those...
Posted On January 17, 2016
, By Loren Moss
cropped Photo of Isagen HQ courtesy Isagen
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Colombia’s Stake In Isagen Sold To Brookfield Renewable Energy For $2 Billion USD

Brookfield Renewable Energy Partners L.P. (TSX:BEP.UN)(NYSE:BEP) has committed to acquire 57.6% of the outstanding common shares of Medellín based Isagen S.A. (BVC:ISAGEN) from the Colombian government. In an auction held at 8am today that had only Brookfield as a bidder, the...
Posted On January 13, 2016
, By Loren Moss
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Analyst: Colombia & Brasíl’s Local Governments Pressured By Low Commodity Prices

Local and regional governments (LRGs) in Brazil and Colombia should face similar challenges from the decline in commodities prices and their importance to their economies, according to Fitch Ratings. LRGs in Colombia and Brazil suffer from high numbers of informal workers (those...
Posted On January 13, 2016
, By Loren Moss
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Level 3 Communications Opens New Data Center In Cali

Cali, January. 12, 2016 (PRNewswire) Global telecommunications provider Level 3 Communications, Inc. (NYSE: LVLT) announced the expansion of its global data center network with the opening of its newest data center facility in Latin America on December 28, 2015. Located in Cali,...
Posted On January 12, 2016
, By Loren Moss
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Exclusive Interview: How Colombia Made The Biggest Jump, 23 Spots, on A.T. Kearney’s 2016 Global Services Location Index

Last Sunday, global management consulting firm A.T. Kearney released its 2016 Global Services Location Index (GSLI), an annual report researched by the firm that analyzes and ranks the top 55 countries for outsourcing worldwide based on metrics in three categories: financial...
Posted On January 12, 2016
, By Loren Moss
cropped Photo of Isagen building HQ courtesy Isagen
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An Auction of One? Only Brookfield Remains As Bidder For Tomorrow’s Pending Isagen Sale

After Colbun dropped out of bidding last Friday (causing Colbun’s stock to rally strongly, up of 3.2%), only one bidder remains in contention for tomorrow’s January 13 auction for Colombian government controlled power producer, Isagen. Isagen is the third largest energy producer,...
Posted On January 12, 2016
, By Loren Moss
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Petroamerica Shareholders Overwhelmingly Approve Gran Tierra Tender Offer; 98% + Say Yes

Calgary, January 11, 2016 /CNW/ – Petroamerica Oil Corp. (TSX-V: PTA.V), an international oil and gas company operating in Colombia, has just announced that the plan of arrangement under the provisions of the Alberta (Canada) Business Corporations Act among Petroamerica,...
Posted On January 11, 2016
, By Loren Moss
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