MARKETS

Drummond to clear Colombian haze

COLOMBIA's second-biggest coal producer, Alabama-based Drummond Coal, may enjoy an early resumpti...

Blair Price
Drummond to clear Colombian haze

Henry Garcia, the sales vice-president of building contractor HL Ingenieros, told Bloomberg that Drummond’s required Colombian port enhancements could be ready this month.

“We are working at an intense rate in double shifts, seven days a week,” he reportedly told Bloomberg.

“It’s very probable that operations could start sooner than expected, which was March.”

Drummond declared force majeure on January 9, after the government closed down the Cienaga port until the company’s conveyor-based direct ship loading system was complete.

Most of Drummond’s Colombian coal customers are in the European market. The Cerrejon joint venture equally shared by the goliaths of Glencore Xstrata, BHP Billiton and AngloAmerican is Colombia’s leading coal producer.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets