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//colombia
reinsurance latin america house collapse
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American Agricultural Insurance Company Approved To Issue Reinsurance In Colombia, Argentina

US based American Agricultural Insurance Company (AAIC) has announced that it is now authorized to reinsure risks based in Argentina and Colombia through the broker marketplace. The company has been named an Admitted Foreign Reinsurer in Argentina and an Approved Reinsurer in...
Posted On September 30, 2019
, By Loren Moss
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Continental Gold Begins Deepest 1.6 km Drill At Buriticá, Construction On Schedule

Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has commenced drilling a deep diamond drill hole from the Higabra tunnel elevation at its Buriticá project in Antioquia, Colombia. The planned 1,600-meter hole has been designed to test for gold and copper mineralization within a known...
Posted On September 30, 2019
, By Loren Moss
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Frontera Energy & CGX Energy Announce Conversion of Bridge Loan

CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) announced last week that Frontera has elected to convert the principal amount outstanding (US$8.8 million) under its bridge loan facility due September 30, 2019. As previously announced, the principal amount...
Posted On September 30, 2019
, By Loren Moss
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Royal Road Minerals Gains Concessions In Caldas & Risaralda, Colombia

Toronto based Royal Road Minerals Limited (TSXV:RYR), a gold and copper focused mineral exploration and development company, has announced that by way of its recently completed purchase of Northern Colombia Holdings Limited, an affiliate of AngloGold Ashanti Limited, it has...
Posted On September 30, 2019
, By Loren Moss
U.S. Marine Cpl. Johnathon Nettles, a data systems administrator with Special Purpose Marine Air-Ground Task Force – Southern Command, finalizes adjustments on a ground antenna transmit and receive (GATR) communications system during the setup of a command operations center in Base de Entrenamiento de Infanteria de Marina, Coveñas, Colombia, Sept. 28, 2019. A GATR is used to establish local area network-based services through a satellite. The task force is conducting training and engineering projects hand-in-hand with partner nation military members in Latin America and the Caribbean during their deployment to the region, which coincides with hurricane season. Nettles is a native of Annapolis, Maryland. (U.S. Marine Corps photo by Sgt. Stanley Moy)
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US Marines Deployed To Coveñas, Colombia; Establish Command Operations Center on Colombia’s Atlantic Coast

US Marines Special Purpose Marine Air-Ground Task Force under the US Military Southern Command and Colombia’s Infantería de Marina de Colombia begin a week of Humanitarian Assistance/Disaster Relief (HA/DR) rehearsals and Subject Matter Expert Exchanges (SMEEs), in Coveñas,...
Posted On September 30, 2019
, By Loren Moss
Avianca Boeing 787 Dreamliner at Medellín's Airport
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Control of Avianca: New York Court Issues Summary Judgement In Favor of United & Kriete’s Kingsland Holdings, Against BRW Aviation, Efromovich

This morning in a New York court, a judge issued summary judgement affirming Kingsland Holding’s control of Avianca, after industrialist Germán Efromovich defaulted on loan payments to United Airlines collateralized by Efromovich’s stake in Avianca Holdings (NYSE:...
Posted On September 27, 2019
, By Loren Moss
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Colombian Small Business Lender Sempli Raises $8 Million USD In Series A Venture Capital

Sempli, the Colombian online lending platform for small businesses, announced this week that it has secured $8 million USD in Series A venture capital, the round being led by Oikocredit and Incofin CVSO. Existing and new investors joined the round, including BID LAB (The...
Posted On September 26, 2019
, By Loren Moss
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Bayport Secures $150 Million USD To Fuel Its Colombian Consumer Payroll Lending

Bayport Colombia, a “libranza” (payroll loan) company, executed a secured credit agreement for up to USD $150 million with a syndicate consisting of a Cerberus Capital Management affiliate, JPMorgan Chase Bank, and a large Canadian institutional investor. The syndicate was led by...
Posted On September 18, 2019
, By Loren Moss
Photo of Barranquilla skyline credit MinCIT
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Barranquilla Seeing A Surge In International Visitors

In the first half of 2019, 82,549 International visitors arrived in Colombia through Colombia’s Atlantic coastal city of Barranquilla. According to Colombia’s Ministry of Commerce, Industry & Tourism (MinCIT), this is an increase of 9.7% over the same period in 2018. 538,260...
Posted On September 12, 2019
, By Loren Moss
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Gran Colombia Gold Reports Production Up 8%

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 18,710 ounces of gold in August bringing the total for the first eight months of 2019 to 155,359 ounces, up 8% over the first eight months of 2018. Gran Colombia’s trailing 12 months’...
Posted On September 12, 2019
, By Loren Moss
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