March 10, 2026
Mineros Gold Refining
Companies

Mineros SA 3Q 2020 Profits Jump 25% Year-on-Year

Medellin Herald
Medellin-based multinational gold mining giant Mineros SA announced November 12 that its third quarter (3Q) 2020 net profit rose 25% year-on-year, to US$24.8 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) likewise rose 39% year-on-year, to US$51.9 million, while revenues rose 14%, to US$121 million, according to the company. Costs also
Orbis 'Pintuco' Paint Factory
Companies

Orbis 3Q 2020 Net Income Rises 12% Year-on-Year

Medellin Herald
Medellin-based multinational paints, chemicals, piping and hardware giant Grupo Orbis announced November 10 that its third quarter (3Q) 2020 net income rose 12% year-on-year, to COP$14.6 billion (US$4 million), excluding the effect of the sale of a non-operating property in Central America. Orbis brands include Pintuco paints, Andercol chemicals, O-tek piping and Mundial
Colombian economy

Colombia GDP Growth Seen Rebounding to 4.9% in 2021; Wall Street, President Duque Like U.S. President-Elect Biden

Medellin Herald
Wall Street bond rater Fitch Ratings announced November 6 that Colombia’s gross domestic product (GDP) is likely to rebound to a positive 4.9% in 2021, up from the Coronavirus-caused 6.9% GDP contraction this year. Meanwhile, bond ratings on Colombian sovereign debt remain at a modest “BBB-” with a continuing negative outlook because of the hangover […]
ISA Headquarters with Solar-Power Roof in Medellin
Companies

ISA 3Q 2020 Net Income Jumps 19% Year-on-Year

Medellin Herald
Medellin-based multinational electric-power transmission, highway concessionaire and telecom infrastructure giant ISA announced November 5 that third quarter (3Q) net income rose 19% year-on-year, to COP$483 billion (US$128 million). Operating revenues for the latest quarter jumped 21% year-on-year, to COP$2.4 trillion (US$638 million). Earnings before interest, taxes,

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Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

 

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

 

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