COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS


Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose 16 percent to 79.2 million tonnes, the country's mining regulator said on Thursday.

The largest production increases were in the Cesar province where Glencore's Prodeco unit, Drummond International, Vale and Goldman Sachs' local affiliate operate.

Colombia's coal industry is dominated by big producers, with their own port and railways, such as Glencore, Drummond and Cerrejon, which is owned equally by BHP Billiton, Anglo American and Xstrata.

The world's No. 4 coal exporter is experiencing a boom in investment into the petroleum and mining sectors thanks to a U.S.-funded security crackdown on illegal armed groups that has made it safer to explore and mine.

Colombia's No. 2 coal exporter Drummond -- an 80-20 joint venture with Japan's Itochu Corp -- saw output at its La Loma and El Descanso mines increase 9.5% to 23 million tonnes last year versus 2010, according to regulator data.

Output at Glencore's Prodeco unit went up 44% to 14.38 million tonnes in 2011 versus 2010, the data showed.

Production in the Guajira state -- where Cerrejon, the country's largest exporter, has four of five licenses to mine -- increased 7% to 33.3 million tonnes in the same period.

The top three producers export almost all their output. The main markets for Colombia's coveted coal are the United States and Europe although exporters have made shipments to Asia depending on the cost of freight.

The regulator did not give a reason for output changes, but all major thermal producers are currently expanding their mines and infrastructure in Latin America's top coal exporter.

Colombia's coal production is expected to reach 97 million tonnes this year, the mining minister has said.

Production at Vale's mines rose 19.4% to 3.57 million tonnes last year while output at Goldman Sachs' Colombian Natural Resources increased 58% to 2.39 million tonnes.

Reuters was first to report that Vale was selling its Colombian coal operations in November.

Goldman Sachs is the front-runner in an auction to buy the Colombian coal assets of Brazil's Vale, attempting to achieve strategic port access, while Glencore waits in the wings and rival traders stay away, industry sources familiar with the matter said.

Coal mines in the past few years have attracted almost frenzied M&A interest, particularly from traders seeking to become vertically integrated and Asian consumers such as India and China, but buyers are becoming more choosy, focusing on large, low-cost mines with big reserves.
Source: Colombia Reports



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...


Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...


Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...


Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...


Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Ind-Barath Power Infra Limited - India
  • Meenaskhi Energy Private Limited - India
  • Indonesia Power. PT
  • Power Finance Corporation Ltd., India
  • The India Cements Ltd
  • Thiess Contractors Indonesia
  • CCIC - Indonesia
  • Asian Development Bank
  • PetroVietnam
  • Maersk Broker
  • HSBC - Hong Kong
  • Indian School of Mines
  • Bahari Cakrawala Sebuku - Indonesia
  • Fearnleys - India
  • Petron Corporation, Philippines
  • Lanco Infratech Ltd - India
  • Deutsche Bank - India
  • Bukit Makmur.PT - Indonesia
  • Electricity Generating Authority of Thailand
  • JPMorgan - India
  • Moodys - Singapore
  • Formosa Plastics Group - Taiwan
  • Banpu Public Company Limited - Thailand
  • TGV SRAAC LIMITED, India
  • Chettinad Cement Corporation Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Uttam Galva Steels Limited - India
  • Anglo American - United Kingdom
  • U S Energy Resources
  • New Zealand Coal & Carbon
  • Oldendorff Carriers - Singapore
  • Sojitz Corporation - Japan
  • Alfred C Toepfer International GmbH - Germany
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Vale Mozambique
  • Cigading International Bulk Terminal - Indonesia
  • Ministry of Finance - Indonesia
  • Infraline Energy - India
  • The Treasury - Australian Government
  • Merrill Lynch Bank
  • GN Power Mariveles Coal Plant, Philippines
  • Deloitte Consulting - India
  • Star Paper Mills Limited - India
  • Dalmia Cement Bharat India
  • TANGEDCO India
  • Gupta Coal India Ltd
  • GVK Power & Infra Limited - India
  • Kideco Jaya Agung - Indonesia
  • McConnell Dowell - Australia
  • bp singapore
  • Straits Asia Resources Limited - Singapore
  • Cebu Energy, Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Gujarat Electricity Regulatory Commission - India
  • Ministry of Mines - Canada
  • Price Waterhouse Coopers - Russia
  • IEA Clean Coal Centre - UK
  • BRS Brokers - Singapore
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Larsen & Toubro Limited - India
  • European Bulk Services B.V. - Netherlands
  • Semirara Mining and Power Corporation, Philippines
  • Tanito Harum - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Maheswari Brothers Coal Limited - India
  • Latin American Coal - Colombia
  • Singapore Mercantile Exchange
  • globalCOAL - UK
  • Coalindo Energy - Indonesia
  • Barclays Capital - USA
  • Indonesian Coal Mining Association
  • Wilmar Investment Holdings
  • Berau Coal - Indonesia
  • Parry Sugars Refinery, India
  • Miang Besar Coal Terminal - Indonesia
  • Rio Tinto Coal - Australia
  • Independent Power Producers Association of India
  • RBS Sempra - UK
  • Platts
  • Bayan Resources Tbk. - Indonesia
  • Bulk Trading Sa - Switzerland
  • MEC Coal - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • ASAPP Information Group - India
  • Madhucon Powers Ltd - India
  • Cargill India Pvt Ltd
  • Goldman Sachs - Singapore
  • PLN - Indonesia
  • EIA - United States
  • Central Electricity Authority - India
  • Salva Resources Pvt Ltd - India
  • Adaro Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Ince & co LLP
  • CIMB Investment Bank - Malaysia
  • Commonwealth Bank - Australia
  • Kalimantan Lumbung Energi - Indonesia
  • Thai Mozambique Logistica
  • SGS (Thailand) Limited
  • Total Coal South Africa
  • Videocon Industries ltd - India
  • Attock Cement Pakistan Limited
  • Krishnapatnam Port Company Ltd. - India
  • IOL Indonesia
  • Samtan Co., Ltd - South Korea
  • Ceylon Electricity Board - Sri Lanka
  • Bhatia International Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • Barasentosa Lestari - Indonesia
  • Qatrana Cement - Jordan
  • Energy Link Ltd, New Zealand
  • Platou - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Bhoruka Overseas - Indonesia
  • Indian Oil Corporation Limited
  • Vitol - Bahrain
  • Vedanta Resources Plc - India
  • Gresik Semen - Indonesia
  • BNP Paribas - Singapore
  • Reliance Power - India
  • Baramulti Group, Indonesia
  • Metalloyd Limited - United Kingdom
  • SMG Consultants - Indonesia
  • Humpuss - Indonesia
  • London Commodity Brokers - England
  • Asmin Koalindo Tuhup - Indonesia
  • Therma Luzon, Inc, Philippines
  • Manunggal Multi Energi - Indonesia
  • KPMG - USA
  • Economic Council, Georgia
  • GHCL Limited - India
  • TRAFIGURA, South Korea
  • Cement Manufacturers Association - India
  • Kepco SPC Power Corporation, Philippines
  • The University of Queensland
  • Antam Resourcindo - Indonesia
  • Ernst & Young Pvt. Ltd.
  • J M Baxi & Co - India
  • OPG Power Generation Pvt Ltd - India
  • Mjunction Services Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Ministry of Transport, Egypt
  • Core Mineral Indonesia
  • Australian Commodity Traders Exchange
  • Central Java Power - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mercuria Energy - Indonesia
  • Lafarge - France
  • Sucofindo - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • San Jose City I Power Corp, Philippines
  • Bharathi Cement Corporation - India
  • Bangladesh Power Developement Board
  • Inspectorate - India
  • The State Trading Corporation of India Ltd
  • Altura Mining Limited, Indonesia
  • Permata Bank - Indonesia
  • Mechel - Russia
  • CoalTek, United States
  • Mitsui
  • IHS Mccloskey Coal Group - USA
  • Panama Canal Authority
  • Maharashtra Electricity Regulatory Commission - India
  • Electricity Authority, New Zealand
  • Siam City Cement - Thailand
  • Kapuas Tunggal Persada - Indonesia
  • GNFC Limited - India
  • Romanian Commodities Exchange
  • Xstrata Coal
  • Aditya Birla Group - India
  • Kaltim Prima Coal - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Mitra SK Pvt Ltd - India
  • Shree Cement - India
  • CESC Limited - India
  • APGENCO India
  • Riau Bara Harum - Indonesia
  • VISA Power Limited - India
  • Africa Commodities Group - South Africa
  • Vizag Seaport Private Limited - India
  • SUEK AG - Indonesia
  • NTPC Limited - India
  • PowerSource Philippines DevCo
  • Malabar Cements Ltd - India
  • Standard Chartered Bank - UAE
  • Geoservices-GeoAssay Lab
  • Binh Thuan Hamico - Vietnam
  • DBS Bank - Singapore
  • Thailand Anthracite
  • Tata Power - India
  • McKinsey & Co - India
  • Indogreen Group - Indonesia
  • Surastha Cement
  • Kobexindo Tractors - Indoneisa
  • Cosco
  • Simpson Spence & Young - Indonesia
  • IBC Asia (S) Pte Ltd
  • PNOC Exploration Corporation - Philippines
  • Directorate Of Revenue Intelligence - India
  • Bank of China, Malaysia
  • Orica Australia Pty. Ltd.
  • Mintek Dendrill Indonesia
  • Ambuja Cements Ltd - India
  • WorleyParsons
  • Noble Europe Ltd - UK
  • TNB Fuel Sdn Bhd - Malaysia
  • Indian Energy Exchange, India
  • Chamber of Mines of South Africa
  • Global Coal Blending Company Limited - Australia
  • Minerals Council of Australia
  • Jorong Barutama Greston.PT - Indonesia
  • SRK Consulting
  • Toyota Tsusho Corporation, Japan
  • South Luzon Thermal Energy Corporation
  • Adani Power Ltd - India
  • PLN Batubara - Indonesia
  • Planning Commission, India
  • Samsung - South Korea
  • Peabody Energy - USA
  • Tata Chemicals Ltd - India
  • Coal Orbis AG
  • Jindal Steel & Power Ltd - India
  • Pinang Coal Indonesia
  • Parliament of New Zealand
  • Petrosea - Indonesia
  • Borneo Indobara - Indonesia
  • SASOL - South Africa
  • GMR Energy Limited - India
  • Orica Mining Services - Indonesia
  • Sakthi Sugars Limited - India
  • Coal India Limited
  • MS Steel International - UAE
  • Bhushan Steel Limited - India
  • Freeport Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Essar Steel Hazira Ltd - India
  • ICICI Bank Limited - India
  • Coal and Oil Company - UAE
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Kumho Petrochemical, South Korea
  • Medco Energi Mining Internasional
  • Idemitsu - Japan
  • Global Business Power Corporation, Philippines
  • Mercator Lines Limited - India
  • Renaissance Capital - South Africa
  • Jaiprakash Power Ventures ltd
  • LBH Netherlands Bv - Netherlands
  • Directorate General of MIneral and Coal - Indonesia
  • Intertek Mineral Services - Indonesia
  • Coaltrans Conferences
  • Asia Cement - Taiwan
  • Gujarat Mineral Development Corp Ltd - India
  • Posco Energy - South Korea
  • Rudhra Energy - India
  • Tamil Nadu electricity Board
  • OCBC - Singapore
  • Argus Media - Singapore
  • Edison Trading Spa - Italy
  • Trasteel International SA, Italy
  • World Bank
  • Mitsubishi Corporation
  • Sarangani Energy Corporation, Philippines
  • KEPCO - South Korea
  • Pendopo Energi Batubara - Indonesia
  • ING Bank NV - Singapore
  • Eastern Energy - Thailand
  • Indorama - Singapore
  • Russian Coal LLC
  • Sical Logistics Limited - India
  • NALCO India
  • Sindya Power Generating Company Private Ltd
  • ACC Limited - India
  • ANZ Bank - Australia
  • Indo Tambangraya Megah - Indonesia
  • Siam City Cement PLC, Thailand
  • Carbofer General Trading SA - India
  • AsiaOL BioFuels Corp., Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Karaikal Port Pvt Ltd - India
  • Interocean Group of Companies - India
  • Iligan Light & Power Inc, Philippines
  • Arutmin Indonesia
  • UBS Singapore
  • KPCL - India
  • Makarim & Taira - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Thriveni
  • India Bulls Power Limited - India
  • Cemex - Philippines
  • Maybank - Singapore
  • Georgia Ports Authority, United States
  • IMC Shipping - Singapore
  • Maruti Cements - India
  • ETA - Dubai
  • Britmindo - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Indika Energy - Indonesia
  • Arch Coal - USA
  • Gujarat Sidhee Cement - India
  • Coastal Gujarat Power Limited - India
  • Jatenergy - Australia
  • Meralco Power Generation, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Energy Development Corp, Philippines
  • Runge Indonesia
  • Merrill Lynch Commodities Europe
  • JPower - Japan
  • Xindia Steels Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Bank of America
  • Grasim Industreis Ltd - India
  • SMC Global Power, Philippines
  • Thermax Limited - India
  • UOB Asia (HK) Ltd
  • Kohat Cement Company Ltd. - Pakistan
  • CNBM International Corporation - China
  • EMO - The Netherlands
  • Kartika Selabumi Mining - Indonesia
  • KOWEPO - South Korea
  • Savvy Resources Ltd - HongKong
  • Marubeni Corporation - India
  • Glencore India Pvt. Ltd
  • Wood Mackenzie - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Timah Investasi Mineral - Indoneisa
  • Clarksons - UK
  • Sinarmas Energy and Mining - Indonesia
  • Semirara Mining Corp, Philippines
  • World Coal - UK
  • Japan Coal Energy Center
  • Credit Suisse - India
  • Bangkok Bank PCL
  • Australian Coal Association
  • Thomson Reuters GRC
  • Shenhua Group - China
  • Malco - India
  • Port Waratah Coal Services - Australia
  • Coeclerici Indonesia
  • Heidelberg Cement - Germany
  • PTC India Limited - India
  • Cardiff University - UK
  • Inco-Indonesia
  • GB Group - China
  • Sree Jayajothi Cements Limited - India
  • GAC Shipping (India) Pvt Ltd
  • TeaM Sual Corporation - Philippines
  • TNPL - India
  • Agrawal Coal Company - India
  • Eastern Coal Council - USA
  • Kobe Steel Ltd - Japan
  • White Energy Company Limited
  • Bukit Asam (Persero) Tbk - Indonesia
  • Enel Italy