Business consultancy launches specialist Operational Risk Report on mining and oil in Latin America

Latin-IQ, a business intelligence company specialised exclusively in Latin America, recently began producing an impressive weekly newsletter called the Operational Risk Report. The report examines and analyses risks to assets and personnel in the volatile five Andean countries of South America. It’s predominantly focused on the energy and mining sectors, but ancillary service companies such as engineering firms would also find it useful.

Andy Webb-Vidal, Latin-IQ’s CEO, who is a former Financial Times and Bloomberg journalist, has sent us the below summary of this week’s issue. He’s also offering our members a special free trial. Interested parties can contact him directly for a copy of the report.

In this week’s issue of the Latin-IQ Operational Risk Report, we analyse the likelihood of disruption to mining and energy operations in Colombia as nationwide strike action begins next week. We also examine what’s driving unrest among miners in Peru, and how this is related to the growing disquiet among regional and provincial authorities over the sharp cut in mining royalty transfers from the central government. In our energy section, the report takes a look at what’s behind an emerging drive to curb seismic surveys by exploration companies in the Casanare and Meta regions of Colombia; explain what’s happening on Ecuador’s south-eastern oil frontier ahead of the next bidding round; and detail what could pose a reputational risk to energy companies looking at the nine offshore blocks on offer in Peru. And finally in our report’s security section, we analyse the latest developments that poses risks to personnel in Peru, Colombia, Bolivia and Venezuela. Companies cited in this report include: Anglogold Ashanti, BPZ Energy, Braeval Mining, Canacol, Cepsa, Chevron, CNPC, Colombia Energy, Drummond, Ecopetrol, ENAP, Equion, ExxonMobil, Geopark, Grana y Montero, Junefield Holdings, Lewis Energy, Pacific Rubiales, Parex Resources, Perenco, Petrominerales, Pluspetrol, Repsol, Savia Peru, Shell, Talisman Energy, Total, Winchester, and Zijin Mining.

Andy Webb-Vidal can be emailed directly at