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Friday, 06 March 20
COLOMBIAN COAL OUTPUT FELL 2% IN 2019 - REUTERS
Coal production in Colombia, the fifth-largest coal exporter in the world, fell 2% to 82.2 million tonnes in 2019 after output at one of the principle mines declined and operations were interrupted by droughts, the government said.
In 2018, the South American country recorded coal production of more than 84.2 million tonnes.
A judicial ruling prevented the extension of mining operations at Cerrejon, a coal mine in the La Guajira province which is jointly owned by BHP Group, Anglo American and Glencore.
“The coal industry has been presented with an important cross roads. In the case of thermal coal, the average price went from $82.50 per tonne in 2018 to $51.4 per tonne in 2019,” said Silvana Habib, president of the National Mining Agency.
“Both the effects of climate and restrictions due to judicial rulings had impacts.”
Open-pit coal mines are required to reduce production in high temperatures to reduce pollution caused by dust.
As well as the Cerrejon mine, the Colombian coal industry is dominated by Drummond and Prodeco, which is a unit of Glencore.
In its 2019 results, Glencore recorded impairments of $514 million and $435 million related to Prodeco and Cerrejon respectively. Anglo American recorded an impairment on Cerrejon operations of $334 million.
Gold production in Colombia in 2019 hit 36.6 tonnes, up 3% from output of 35.5 tonnes in 2018.
The government predicts a 12% rise in gold production in 2020, due to the start of operations at the Buritica project in Antioquia province.
Nickel production closed at 89.4 million pounds, down 6% on 2018 levels, when nickel output was 94.9 million pounds.
Source: Reuters (Reporting by Luis Jaime Acosta Additional reporting and writing by Oliver Griffin; editing by Nick Macfie)
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Friday, 13 March 20
PANAMAX: SLIGHTLY STRONGER NUMBERS IN BOTH BASINS THIS WEEK - FEARNLEYS
Cape
Still very sad times for the big ships, and merit in further trading at present levels is highly debatable for most tonnage. Spot fixtures ...
Friday, 13 March 20
TOP 4 ACCOUNTING CONSIDERATIONS AFTER THE IMPLEMENTATION OF IMO 2020 - PWC
To install or not to install?
Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shi ...
Friday, 13 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June ...
Thursday, 12 March 20
INDIA 2019 THERMAL COAL IMPORTS RISE 12.6% TO NEARLY 200 MILLION TONNES - REUTERS
India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the seco ...
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- Indogreen Group - Indonesia
- Posco Energy - South Korea
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Australian Coal Association
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
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