Finance Colombia » extraction

Ecopetrol oil and gas company headquarters in Bogotá, Colombia

off

Ecopetrol Secures 10% Interest in Saturno Block in Brazilian Santos Basin

Shell, the operator of the exploration plan, and Chevron both hold a 45% interest in the block. With the deal, Ecopetrol now holds the remaining 10% stake.

Posted OnDecember 21, 2018

, ByJared Wade

off

Continental Gold President Mateo Restrepo Villegas Resigns

Restrepo, who joined the company in August 2015, will leave the Toronto-based company effective November 30.

Posted OnNovember 26, 2018

, ByJared Wade

red eagle mining SANTA ROSA GOLD PROJECT san ramon gold mine

off

Canadian Mining Firm Zonte Metals Secures $1.2 Million USD in Financing

Zonte Metals will use the funds for "working capital purposes" and to finance exploration at the Cross Hills Iron Oxide Copper Gold Property in Newfoundland and Labrador.

Posted OnNovember 22, 2018

, ByJared Wade

off

Continental Gold Announces Test Drilling Results from Veta Sur System at Buriticá Mine

The results are "helping to verify the upper boundary of the mineral reserve envelope for the Veta Sur system,” said Ari Sussman, CEO of Continental Gold.

Posted OnNovember 19, 2018

, ByJared Wade

oil drilling rig (Photo credit: ARMBRUSTERBIZ / Pixabay)

off

Frontera Energy Turnaround Continues with $45.1 Million USD in Net Income This Quarter

Frontera's oil-price hedges have now expired, and it believes that this will be a boon for future earnings as it tries to further move beyond its most trying financial times.

Posted OnNovember 13, 2018

, ByJared Wade

off

Ecopetrol Reports Big Jump with Profits of $866 Million in the Third Quarter Amid Surging Oil Prices

"We were able to capture the profit coming from the higher international oil prices," said Ecopetrol CEO Felipe Bayón.

Posted OnNovember 10, 2018

, ByJared Wade

off

Fitch Ratings Upgrades Gran Colombia Gold’s Rating to B with Stable Outlook

The company’s "credit risk lies in 2020 and 2021, with an expected lower production profile and possibility for lower grades,” stated Fitch.

Posted OnOctober 30, 2018

, ByJared Wade

off

Colombian Constitutional Court Rules Local Communities Cannot Ban Mining Projects Through Popular Referendum

Multiple municipalities have cast ballots overwhelmingly in favor of vetoing the right of corporations to mine nearby recently in a referendum practice known as a "consulta popular."

Posted OnOctober 16, 2018

, ByJared Wade

off