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Monday, 09 September 19
COLOMBIA COAL OUTPUT DOWN YEAR-ON-YEAR IN 2ND QUARTER - REUTERS
Coal and ExcavatorColombia, the world’s fifth-largest exporter of coal, produced 18.9 million tonnes of the fuel in the second quarter, down 4.5% from the same period in 2018, the government said, Reuters reported.
 
Reuters further reported that, the coal production in the South American country was 19.8 million tonnes between April and June last year.
 
Leading coal companies have forecast that production and exports are likely to remain stable in 2019. The Andean country produced 84.3 million tonnes over the course of 2018.
 
Coal is the second-largest generator of foreign exchange in Colombia, behind oil, and its top mining export. The country is attempting to diversify its mining output with more formal investment in gold, copper and emerald projects.
 
According to Reuters report, the coal production has been pressured by low prices caused by a decease in European demand, climate conditions that affected projects near the northern Caribbean coast and judicial restrictions that have limited work at projects like the Cerrejon mine, Silvana Habib, the president of the national mining agency, said in a joint statement with the energy ministry.
 
The biggest players in Colombia’s coal industry are Drummond Co Inc, Glencore Plc and Murray Energy Corp’s Colombia Natural Resources. There is also Cerrejon, owned by BHP Group Ltd, Anglo American Plc and Glencore.


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Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...


Monday, 16 September 19
COLOMBIAN COAL PRODUCTION TO FALL 5% THIS YEAR, MINING GROUP SAYS - REUTERS
Colombia’s coal production will decline to around 80 million tonnes in 2019, nearly 5% below last year’s, because of low prices and dro ...


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Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
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