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Nov 5, 2011

Colombians celebrate killing of FARC rebel leader

BOGOTA, Nov 5 (Reuters) – Colombians rejoiced at the
killing of top FARC rebel leader Alfonso Cano and hoped the
biggest blow yet against Latin America’s longest insurgency
could herald an end to nearly five decades of war.

In a triumph for President Juan Manuel Santos’ government,
forces bombed a FARC jungle hideout in southwestern Cauca
region on Friday, killing several rebels, Defense Minister Juan
Carlos Pinzon said.

Nov 5, 2011

Snap analysis: No swift peace after Colombian rebel chief killed

BOGOTA (Reuters) – The death of Colombia’s top rebel leader may not mean a swift end to the nearly five-decade-old conflict, although it is another huge setback for Latin America’s oldest surviving insurgency.

Cano, a former student activist, had been under pressure from an intense military hunt. He took over the weakened rebel group after its founder died in 2008 and had been seen as a more politically orientated leader.

Nov 5, 2011

Colombia says FARC rebel leader killed

BOGOTA (Reuters) – Colombian forces killed top FARC rebel leader Alfonso Cano on Friday in the biggest blow yet to Latin America’s longest insurgency and a triumph for President Juan Manuel Santos, the Defense Ministry said.

While unlikely to bring a swift end to nearly five decades of war in the Andean nation, his death will further damage the rebels’ ability to regroup and coordinate the high profile attacks that have brought it worldwide notoriety.

Nov 4, 2011

Exclusive – Vale looks to sell Colombian coal ops

BOGOTA/LONDON (Reuters) – Brazil’s mining group Vale (VALE5.SA: Quote, Profile, Research) is looking to sell its 3 million tonnes a year Colombian coal operations, potential buyers told Reuters.

Colombia, the world’s no. 4 coal exporter, is dominated by three large producers. Smaller operators complain new properties are hard to come by, especially in areas where big players work and which are closer to Caribbean ports.

Nov 4, 2011

Vale looks to sell Colombian coal ops

BOGOTA/LONDON, Nov 4 (Reuters) – Brazilian mining group Vale
(VALE5.SA: Quote, Profile, Research) is looking to sell its 3 million tonnes a year
Colombian coal mine and Rio Cordoba port, potential buyers said.

Vale, which bought the former El Hatillo mine and Cerro
Largo reserve in April 2009 for $306 million, is selling these
assets because they are relatively small and high-cost mines
compared with the huge operations of Cerrejon, Drummond and
Glencore in Colombia and they are not core assets for Vale’s
business, they said.

Oct 18, 2011

Analysis: Colombia’s oil frontiers, the wild west of exploration

BOGOTA (Reuters) – Colombia’s emergence from 50 years of guerrilla warfare has led to record high oil output that requires more investment in once off-limit areas to secure long-term production growth, experts said.

It is a tantalizing prospect for this commodity-rich frontier oil player, that easing security concerns could lead to greater riches in what is now a distant No. 4 crude producer in Latin America with 2 billion barrels in reserves.

Sep 20, 2011

Colombia’s Drummond sees 2011 coal output up 14 pct

BOGOTA, Sept 20 (Reuters) – Colombia’s second largest coal
exporter, Drummond, expects production to shoot up nearly 14
percent to 25 million tonnes in 2011 versus last year, the
company’s local president said on Tuesday.

Colombia, the world’s No. 4 coal exporter, is looking to
nearly double production of the material over the coming years,
and expansion projects by Drummond, and the country’s top
producer Cerrejon, are seen as key to achieving that goal.

Sep 15, 2011

Scandal-hit Colombia oil chief pleads innocence

BOGOTA, Sept 15 (Reuters) – The departing head of
Colombia’s oil agency said on Thursday corruption allegations
against him were unjust and warned that rising social protests
were the main threat to the burgeoning sector.

The Andean country’s National Hydrocarbons Agency (ANH) is
credited with helping change the face of Colombia’s oil
industry. National output hit historic highs this year of
nearly 1 million barrels per day amid a boom in investment.

Sep 14, 2011

Analysis: Colombia oil woes: rebels take back seat to protests

BOGOTA (Reuters) – High-profile kidnappings, oil pipeline bombings, murders, extortion and now a surge in blockades — just another day in Colombia’s booming oil industry.

Explorers have moved into new areas opened up by a successful U.S.-backed offensive against Marxist rebels, and output in Latin America’s No. 4 crude producer has hit historic levels this year — nearing 1 million barrels per day (bpd).

Sep 8, 2011

Protests rock Colombia oil area, firm halts output

BOGOTA, Sept 8 (Reuters) – Protests rocked Colombia’s
fourth largest oil producer Petrominerales Ltd (PMG.TO: Quote, Profile, Research, Stock Buzz) on
Thursday, forcing the Canadian firm to suspend output of 15,000
barrels of oil per day (bpd), the company and a union said.

Protests against oil and mining companies are fairly common
in Latin America’s No. 4 oil producer, with local communities
seeking jobs or compensation for damages, and workers
complaining about working conditions and pay.

    • About Jack

      "Jack covers commodities, economics and politics in Colombia. He joined Reuters in 2006 and has since worked throughout east Africa including Kenya, Eritrea, Sudan, Somalia and Uganda. He has also done stints in Iraq."
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