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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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Wednesday, 04 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
Dry bulk freight rates rebounded last week, a development that came as a relief following the recent negative sentiment that prevailed in the marke ...
Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as sup ...
Tuesday, 03 December 19
STABILITY AND COMPATIBILITY OF VERY LOW SULPHUR FUEL OILS - GARD
In order to meet increasing restrictions on the sulphur content in marine fuel as defined by MARPOL Annex VI Regulation 14.1.3, the characteristics ...
Monday, 02 December 19
COAL PRODUCTION IN INDIA UP BY 164.58 MT IN 5 YEARS - BUSINESS LINE
Raw coal production in the country has increased from 567.77 million tons (MT) in 2013-14 to 730.35 MT in 2018-19, Union Coal and Parliamentary Aff ...
Monday, 02 December 19
OPEC PREPS FOR OIL'S 2020 BALANCING ACT - WOOD MACKENZIE
What steps should OPEC and its non-OPEC partners take to keep the market in balance in 2020? Ahead of OPEC’s meeting in Vienna on 5 and 6 Dec ...
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- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
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- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Romanian Commodities Exchange
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- Aditya Birla Group - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Parliament of New Zealand
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- Goldman Sachs - Singapore
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- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
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- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
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- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
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- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
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- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
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- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Planning Commission, India
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- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
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- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
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- Latin American Coal - Colombia
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- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
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- CIMB Investment Bank - Malaysia
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- SMC Global Power, Philippines
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- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
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- Coastal Gujarat Power Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
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- Semirara Mining and Power Corporation, Philippines
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- Interocean Group of Companies - India
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- Heidelberg Cement - Germany
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- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- The Treasury - Australian Government
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