Coal – Reuters reported that the Colombian government is looking for ways to allow miners to keep exporting coal even if they have not switched over to automated loading by January 1, 2014. The deadline is problematic in part because it could result in Drummond Company Inc. stopping one-third of the country's exports when 2014 begins.
Articles Tagged "colombia"
Coal – Reuters reported that Colombia's January to September coal production came to 60 million tonnes, an 11.2-percent decrease from the same period last year, as per the National Mining Agency. The fall is being pinned on strikes faced by the country's biggest miners as well as guerilla attacks on railways.
Coal – Reuters reported that Colombia's Cerrejon, a joint venture between Anglo American plc (LSE:AAL), BHP Billiton Ltd. (ASX:BHP,LSE:BLT,NYSE:BHP) and Glencore Xstrata plc (LSE:GLEN), may have problems meeting its 2013 production target of 34 million tonnes of coal as a result of a strike earlier this year and attacks on its railway.
Gold – Continental Gold (TSX:CNL), an exploration company focused on its Buriticá gold project in Colombia, on Thursday released third-quarter results and an update on the project.
Coal – The Financial Times reported that Brazil's Eike Batista, once worth $30 billion, but now nearly bankrupt, has agreed to sell $450 million worth of Colombian coal mining assets in an attempt to hold on to some cash.
Gold – Global Post reported that four miners were killed and another 15 are missing after a cave-in at a gold mine in northwestern Colombia.
Gold – Cosigo Resources Ltd. (TSXV:CSG) Exploration Manager Magnus Haglund, spoke with Resource Investing News about the Machado project in the Taraira Gold Belt in Colombia
Gold – Colombia is now home to 12 of the world's gold deposits larger than 1 million oz - most of which are in development. Many junior explorers are trying to capitalize in Colombia by finding the next significant deposit - about 20 companies in total.
Coal – Bloomberg reported that BHP Billiton Ltd.'s (ASX:BHP,NYSE:BHP,LSE:BLT) Colombia-based Cerrejon coal mine will come close to a previously announced production target despite a month-long strike.
Coal – Mineweb reported that striking workers at Drummond Ltd.'s Colombian coal mine plan to continue fighting for higher pay and better benefits, meaning that operations may not start up again until October. The strike began on July 23.