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"We look forward to increasing our future cultivation footprint and quota as we ramp up production to meet global demand,” said Patricio Stocker of PharmaCielo Ltd.

The Canadian oil company's operations in the country are now held by the Colombian branch of Meta Petroleum Corporation, a wholly owned subsidiary.

With 8.60 grams of gold per tonne, the test "yielded significantly more ounces of precious metals than we estimated," said CEO Ari Sussman.

"The rating upgrade reflects Frontera's ability to stabilize its operational and financial performance," stated Fitch Ratings.

Canadian mining company Eco Oro Minerals Corp. announced that its plan of arrangement has become effective.

Eléctricas de Medellín – Ingeniería y S.A.S is the buyer in a cash deal for what Frontera Energy called a “non-core asset.”

Earlier this month in Canada, the Caribbean city of Barranquilla was nominated to join the World Energy Cities Partnership (WECP). It is to be the 20th city worldwide and the third from Latin America to be included in the collaborative initiative to promote sustainability and...

For Canada, Colombia represents the smallest partner of the four nations at just $1.2 billion USD in trade last year.

The Frontera chairman called the move a “very strategic acquisition” that will support the firm’s push to reduce transportation costs.

“Accelerating the drilling program only makes sense given the upside,” said Ari Sussman, CEO of Continental Gold.