Jan 15, 2021· Colombian coal producer Drummond saw production and exports fall 10.3% and 4.4% respectively in 2020, the company said on Friday, amid difficulties caused …
Read more...Apr 10, 2020· Drummond to partially restart operations in Colombia's Cesar province reuters.com Company, International 14:22:15 Colombian coal producer Drummond will restart some of its operations in the Andean country's Cesar province on April 10, after cutting back in March to halt the spread of the coronavirus, the company said on April 8.
Read more...Jan 18, 2021· Colombian coal producer Drummond saw production and exports fall 10.3% and 4.4% respectively in 2020, the company said on Friday, amid difficulties caused …
Read more...U.S.–based Drummond Company, the second-largest coal producer in Colombia, operates two mines near La Loma, in the Cesar Basin.[31] In June 2011, Drummond entered into an 80%–20% partnership with Japan's Itochu Corporation, known as Drummond International, which now owns and operates its Colombia interests.[32]
Read more...Sep 24, 2021· B y Julia Symmes Cobb. BOGOTA, Sept 24 (Reuters) - U.S. coal miner Drummond has asked Colombia's commerce regulator to force competitor Glencore to sell its stake in a …
Read more...Colombia, the world's fifth-biggest coal exporter, allowed coal producer Drummond to partially restart on April 9. Coal is Colombia's second-largest source of foreign exchange, and royalties paid by coal firms are "fundamental" to coping with the health emergency and reviving the economy, the energy ministry told Reuters.
Read more...Sep 16, 2013· Coal miners have returned to work at Drummond Co.'s Colombia operations, ending a 53-day strike and enabling coal exports to European power producers including Electricite de …
Read more...Apr 15, 2020· Colombia: Drummond seeks to restart some of its Cesar province operations Published on: 15 April 2020 . Company had reduced work in March owing to coronavirus worries..To read the rest of this article, please login with your ...
Read more...Colombia has been a major coal exporter globally with total quantity reaching 103mmt in 2017, predominantly thermal, placing the country in 4th place behind Australia, Indonesia and South Africa. However, over the past 4 years, there has been a dramatic drop in coal exports due to a sharp drop in coal prices, combined with strikes and a dispute ...
Read more...Jan 10, 2014· BOGOTA, Colombia (AP) — The Drummond coal company says it is halting all exports from Colombia until March after environmental authorities ordered it to stop using barges to load its ships because of pollution concerns.
Read more...Jan 28, 2019· Image: Drummond's license for La Loma coal mine extended by Colombia. Photo: courtesy of Drummond Ltd. Colombia. Located in the Cesar Department in northern Colombia, the La Loma coal mine has been in production since more than 30 years. Drummond said that the extended contract, which comes to effect from May 2019, represents 30% of the company ...
Read more...Type of Coal High quality thermal coal Proven & Probable Reserves 1.9 billion metric tons Production FY2011: 25 million metric ton (1) Large Scale Operating Coal Mine 4th largest export volume among all coal mines in the world. (2) In Place Logistic Infrastructure ・Rail :Drummond owns 40.96% of Fenoco, the rail management company.
Read more...Drummond is a family-run business based in Birmingham, Alabama, headed by Garry Neil Drummond. The price of Colombian coal at the Bolivar export terminal CO-FOBPBL-CO has more than tripled since the start of 2007, rising $123.80 to $174.50 a tonne, boosted by strong demand growth for coal in China and other emerging markets.
Read more...Apr 20, 2020· Colombia, the world's fifth-biggest coal exporter, allowed coal producer Drummond to partially restart on April 9. Coal is Colombia's second-largest source of …
Read more...Jul 02, 2014· Mining is the second largest recipient of foreign direct investment after oil, constitutes nearly 7% of exports, and is 2.3% of Colombia's GDP. Mining royalties is one of the Colombian government biggest sources of revenue. Drummond operates "La Loma" and "El Descanso" mining concessions in Colombia's Cesar state.
Read more...Jan 03, 2014· A regional environmental authority in Colombia on Friday ordered U.S.-based miner Drummond to suspend coal loading, an action which appeared to contradict a recent national government decision and ...
Read more...Jan 24, 2019· Coal exports from Grupo Prodeco's port in Colombia are proceeding normally despite the possibility that a small group of unionized workers may vote to …
Read more...Bank of America and Drummond Coal in Colombia. This blog post has been updated. This month, Rainforest Action Network and three allies testified at Bank of America's annual shareholder meeting, urging them to drop coal, to stop profiting from environmental destruction and human rights abuses. We're posting the statements of our three allies.
Read more...Dec 05, 2015· U.S.-based coal producer Drummond said it expected its coal exports next year to rise to between 34-35 million tons, up from a projected total of 28 million tons in 2015.
Read more...Apr 17, 2020· Colombia, the world's fifth-biggest coal exporter, allowed coal producer Drummond to partially restart on April 9. Coal is Colombia's second-largest source of foreign exchange, and royalties paid by coal firms are "fundamental" to coping with the health emergency and reviving the economy, the energy ministry told Reuters.
Read more...Coal from Pribbenow is transported 193 kilometers (120 miles) by railcar on the renovated portion of the Colombian National Railroad System to Puerto Drummond on the northern coast for export. [4] In January 2019, Colombia's national mining agency announced that it had extended Drummond's license to operate its La Loma mine for an additional ...
Read more...During the 1980s, Drummond Company, Inc. evaluated different investment alternatives in coal projects in various countries around the world, both in the Pacific and Atlantic markets. Finally, in 1987, based on factors such as human resources, geology, technology, market access and environmental sustainability, Colombia was considered as the best option. Drummond Company Inc. established ...
Read more...Jan 09, 2014· Drummond Co.'s shipments of coal from Colombia, Europe's No. 2 supplier, to international buyers including Electricite de France SA are suspended until the producer finishes mandatory port ...
Read more...Mar 12, 2014· Colombia's government will let US-based Drummond Co, the country's second largest coal producer to resume exports on March 24 as the company is set to finish a …
Read more...Mar 01, 2013· Drummond Coal Exports from Colombia Expected to Resume. BOGOTA--Colombian environmental authorities on Friday gave Drummond Co. permission to resume its coal exports, 23 days after the Alabama ...
Read more...Jun 16, 2016· In 2009, Colombia exported 72 million tons of coal, accounting for approximately 10% of all global exports of thermal coal. [12] As of 2011, Colombia ranks fifth in terms of coal exports, behind ...
Read more...Sep 15, 2021· Coal exports to China dropped to zero, although aggregate exports were 2.2 million tonnes in the previous eight months, a 69.2% year-on-year jump. Coal exports to South Korea were nearly 300,000 tonnes, a 73% increase. In August, Drummond's coal production was 2.14 million tonnes, down 10.8% year on year, the data showed.
Read more...See Drummond 's products and customers Thousands of companies like you use Panjiva to research suppliers and competitors. ... Colombia Exports DRUMMOND LTD 2701120010 ... INTEROCEAN COAL SALES 1000 URBAN CENTER DRIVE. Shipper. Drummond. Shipper (Original Format) DRUMMOND LTD L 72 # 10 -07 OFC 1302. Shipper Class. 2.
Read more...Jun 30, 2021· Coal is Colombia's second biggest export behind oil. Colombian coal and coke shipments totaled 15.1 million mt in the first three months of 2021, according to IHS Markit data. But at the same time, the government recognizes copper's importance to its future will grow.
Read more...Apr 13, 2017· Drummond Posts Record Year in Coal Exports Apr 13, 2017 | World News With a 10% increase in production and a 16% increase in exports as compared to 2015, reaching 28.4 million and 32.6 million tons, respectively, Drummond Ltd. ended 2016 with record numbers.
Read more...Oct 02, 2014· Colombian Natural Resources (CNR), owned by investment bank Goldman Sachs, will re-start coal exports and re-establish mining operations after the government helped broker a deal for its use of Drummond's Caribbean Sea port, according to government and industry sources. CNR suspended exports from its port in Colombia at the end of last year because its loading procedures …
Read more...Mar 25, 2020· BOGOTA: Colombian mining companies, including coal producers Cerrejon and Drummond, will reduce operations to slow the spread of coronavirus, the sector's guild said on Tuesday. Some 15,000 workers directly employed in the industry will stop working, as will 18,000 indirect workers, the Colombian Mining Association (ACM) said in a statement.
Read more...Apr 09, 2020· Coal miner Drummond Co. Inc. will partially restart operations in Colombia on April 10 after ramping down March 24 due to the coronavirus pandemic. The company said April 8 that the move comes after the government issued a decree …
Read more...Coal mines. Drummond operates the Pribbenow and El Descanso mines near La Loma in the Cesar Department in northern Colombia. Both mines produce bituminous coal. Production from Pribbenow, comprising almost 50% of all coal mined in Colombia, is exported to 11 countries. The company is "Colombia's second-biggest thermal coal producer."
Read more...Feb 10, 2007· Since 2002, Colombia has registered proven reserves of coal of 6,267 million tons, representing some 80% of South America's reserves. The [large] greater part of the coal exported by the country is found in La Guajira and Cesar, and in 2003 more than 40,000 million tons were exported per …
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