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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, 06 March 20
SOLID BACKING FOR LNG AS A MARINE FUEL - BALTIC EXCHANGE
When it comes to choosing the best fuel on the near horizon to help the international shipping industry shrink its carbon intensity by 2050, DNV GL ...
Friday, 06 March 20
INDONESIA COAL PRICE REFERENCE UP AGAIN THIS MONTH
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Thursday, 05 March 20
PANAMAX: SHIP-OWNERS HAVE MOSTLY BEEN GETTING HIGHER RATES THAN THE LAST DONE - FEARNLEYS
Cape
There is still limited amount of positive news around, with the effects of Corona virus hurting world economy. However, overall average in ...
Thursday, 05 March 20
COAL IMPORTS DOWN IN MAJOR ASIAN MARKETS, AND CORONAVIRUS NOT THE DRIVING FORCE - CLYDE RUSSELL
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
Thursday, 05 March 20
SEABORNE COAL'S STRUGGLES IN ASIA ARE MORE THAN JUST CHINA CORONAVIRUS - REUTERS
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
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- Oldendorff Carriers - Singapore
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- South Luzon Thermal Energy Corporation
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- Energy Link Ltd, New Zealand
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- Mjunction Services Limited - India
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- Larsen & Toubro Limited - India
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- Holcim Trading Pte Ltd - Singapore
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
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- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
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- The University of Queensland
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
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- Bangladesh Power Developement Board
- GMR Energy Limited - India
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- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
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- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
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- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
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- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
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- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
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- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
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- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
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- Binh Thuan Hamico - Vietnam
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- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
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- Planning Commission, India
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- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Videocon Industries ltd - India
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- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
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- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
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- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
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- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
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- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
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- Ministry of Transport, Egypt
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- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
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