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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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Sunday, 23 February 20
SHIPPING INDUSTRY FACES $370 MILLION HIT FROM NEW PANAMA CANAL CHARGE - REUTERS
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up ...
Sunday, 23 February 20
A 57,000DWT SHIP FIXING DELIVERY SOUTH KALIMANTAN TRIP, REDELIVERY CJK, AT $7,600 - BALTIC BRIEFING
Capesize
The Capesize market found little to cheer about this week as it again endured remarkable lows. The Atlantic continued to improve, with ...
Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank
One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...
Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...
Friday, 21 February 20
INDIA: POTENTIAL INVESTORS SEEK MORE CLARITY ON COMMERCIAL COAL MINING NORMS - FINANCIAL EXPRESS
Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. ...
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- Eastern Coal Council - USA
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- The University of Queensland
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Australian Coal Association
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