{
  "id": 10802745,
  "title": "Guayabalos at Mining Forum Americas 2026: colombia bet grows",
  "url": "https://urgent.news/2026/09/29/guayabalos-at-mining-forum-americas-2026-colombia-bet-grows",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T22:53:00.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/guayabalos-at-mining-forum-americas-2026-colombia-bet-grows-93CH-4923826"
  },
  "original_language": "en",
  "account": "On Tuesday, 29th September 2026, at the Mining Forum Americas, Ari Sussman, the CEO of Guayabalos, unveiled an ambitious plan for the company's flagship gold project in Caldas, Colombia. Sussman highlighted the favorable political and regulatory environment in Colombia, contrasting it with past challenges. He noted that the country has become more open to mining development, with the recent election of a new government and the opening of 12 previously restricted mining areas.\n\nGuayabalos boasts a maiden resource of over 5 million ounces of gold, with potential for growth through ongoing drilling. The project is designed as a dual-deposit system, featuring an open-pit above and a higher-grade underground ramp zone below. Sussman projected licensing in 2028, a feasibility study in early 2029, and first production in 2031. Currently, the project site is operational with 13 rigs on site, 90 diamond drill holes awaiting assay results, and plans for approximately 130,000 more meters of drilling through 2027.\n\nSussman emphasized the strategic location of the project, situated on the Pan-American Highway and near hydropower infrastructure. The area is home to about 150,000 people within a 30-kilometer radius and around 7 million people within 200 kilometers. He described the site as an \"unusually strong starting point\" for a mining project due to its proximity to roads, power, and a substantial labor pool.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}