Colosa

AngloGold Ashanti Ltd. announced in May that its La Colosa project, located 93 miles southwest of Bogota, has as much as 12.9 million troy ounces of gold in inferred reserves.

Miners Invest in Colombia 2008

Batista's AUX Canada Acquisition Inc. purchased control of Ventana Gold Corp. this year to gain gold deposits in Colombia, while AngloGold Ashanti, the gold producer whose largest shareholder is billionaire John Paulson, is developing the La Colosa gold mine.

BusinessWeek.com -- Top News 2011

First output at La Colosa will now be 2018 at the earliest, compared with earlier estimates of end-2016, Rafael Herz, chief executive officer of the company's Colombian unit, said in an interview in Bogota.

BusinessWeek.com -- Top News 2011

Colosa is the "most significant" gold discovery worldwide in a decade, AngloGold CEO Mark Cutifani said in 2009.

BusinessWeek.com -- Top News 2011

The Johannesburg-based company is counting on projects such as La Colosa, which could double its output in the Americas, to compensate for aging mines in South Africa.

BusinessWeek.com -- Top News 2011

Colosa was founded in 2000 and has customers in local and central government, telecom, oil

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Colosa is a developer of software solutions that enable companies to automate approval based workflow processes by interconnecting people and systems seamlessly across the organization.

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Colosa has offices in Brooklyn, NY; La Paz, Bolivia; and Lima, Peru.

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Brian Reale, CEO of Colosa, said, 'We will be having demos at Openbravo World Conference to demonstrate how the new integration between Openbravo and ProcessMaker automates the approval processes and in doing so saves users time and paper.

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Who: Brian Reale, CEO and co-founder of Colosa, the developer of ProcessMaker, a leading commercial open source Business Process Management (BPM) software solution.

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