The third-largest gold mining company in the world, Anglo-Gold Ashanti, plans to invest $2 billion in two mines in the department of Antioquia (municipalities of San Roce and Jericó), said the president of the company for Colombia and Argentina.
The Ministry of Agriculture and Rural Development plans to reach 10% irrigation coverage by 2039. An increase in 1.8 million hectares expected to benefit 150,000 rural farmers.
Colombia’s infrastructure ANI plans to speed up work on the 4G highway program and aims to finish construction on seven concessions involving $4,3 billion (COP 15,7 trillion) this year.
Gran Colombia also announced today that it plans to drill a total of approximately 60,000 meters at its Segovia Operations in 2021 at a total cost of approximately $14 million to carry out its ongoing in-mine and near-mine drill program..
Colombia’s majority state-run oil company, Ecopetrol, reported its 2020 net profit fell 87.3% to $470,1 million (COP 1,69 trillion) versus the previous year. The company’s fourth-quarter net profit fell to 675 billion pesos, from 4 trillion pesos in the year-earlier period, the company said in a statement.