The global financial crisis is affecting the Colombian economy, President Álvaro Uribe acknowledged Tuesday, but added it’s important to look forward. “My invitation to the Colombians (…) in the midst…
Cerrejon LLC, Colombia’s largest coal producer, expects to produce 32 million metric tons of coal a year in 2009 and 2010, up from 31.5 million metric tons in 2008, the…
A strike halted coal output at U.S. miner Drummond’s operations in Colombia, a labor union representative said Tuesday. Juan Carlos Ortega, spokesman for the Sintramienergetica union, told Reuters that workers…
Colombia’s industrial production, excluding coffee processing, contracted 10.7% in January from the same month in 2008, dragged down by tobacco manufacturing and the printing industry, according to official data released…
Colombia swapped US$1.8 billion (4.3 trillion pesos) in local TES bonds, part of the government’s effort to improve its debt profile by extending maturities, the Finance Ministry said on Wednesday.…
Colombia expects to give AngloGold Ashanti, an environmental permit for exploration at the stalled La Colosa project this month, Mining Minister Hernan Martinez said on Wednesday. Martinez said AngloGold, the…
Colombia’s consolidated fiscal deficit will widen to between 0.7 and 1 percent of gross domestic product as the global crisis trims economic growth, President Alvaro Uribe said on Tuesday. This…
Industrial production in Colombia fell an estimated 4.3% in January over the same month last year, according to a private-sector survey of industrialists released Tuesday. Industrial sales in January fell…
Colombian state-controlled oil company Ecopetrol SA said Tuesday it has agreed to buy stakes in two oil blocks in Peru from Brazilian oil company Petroleo Brasileiro SA. In a statement,…