Deal #3105

Colombia
Created at
2013-02-22
Last update
2023-04-02
Last full update
2023-04-02

Operating Company

Operating company
Name of investment project
Angostura project
Comment on investment chain
The concession contracts are held by the operating company, which is a local branch of Eco Oro Minerals Corp. The Angostura project got some investment by the International Finance Corporation, a member of the World Bank Group. Its support included buying USD 11 Million in shares of the parent company. The IFC left the project in 2016 after constant pressure of community and environmental groups for the environmental consequences of the project. Sources 6-11
Network of parent companies and tertiary investors/lenders
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