drummond coal mine colombia

Drummond hires Goldman to float possible Colombia sale to ,
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Mar 07, 2018· Alabama-based coal miner Drummond has hired Goldman Sachs to explore investor interest in the possible sale of at least a portion of its operations in Colombia, a company source said on Wednesday
Railroad | Drummond Ltd Colombia – A proven leader in the ,
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As an extension of Drummond's mining operations, we also operate three rail load out facilities adjacent to our mining sit Each of these three load out facilities are capable of loading 6,000 metric tons per hour onto rail cars These facilities are equipped with the latest technology which allows cars to be loaded to desired capacity without overloading, spillage, or delays
Coal | Drummond Company, Inc
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Drummond has been in the business of mining coal since our inception in 1935 Our US mining operations are located in Alabama while our international mining operations are located in Colombia and serve customers in both the US and abroad
Why Drummond and Glencore are accused , - Colombia Reports
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Jul 02, 2014· Colombia is the forth largest coal producer in the world Mining is the second largest recipient of foreign direct investment after oil, constitutes nearly 7% of exports, and is 23% of Colombia’s GDP Mining royalties is one of the Colombian government biggest sources of revenue Drummond operates “La Loma” and “El Descanso” mining .
Colombia extends Drummond contract on coal mine for 20 ,
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Jan 25, 2019· Colombia extends Drummond contract on coal mine for 20 years The contract at the mine, located in northeastern Cesar province, will generate at least $586 million in royalties, income and social project investment during its lifetime, the agency said in a statement on its website
Cerrejón - Wikipedia
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Cerrejón is a large open-pit coal mine in Colombia It is located in the southeast of the department of La Guajira, close to the border with VenezuelaThe coal mine is situated in the northeastern part of the Cesar-Ranchería Basin, the basin of the Ranchería River, between the Sierra Nevada de Santa Marta in the west and the Serranía del Perijá to the southeast
Colombia extends Drummond contract on coal mine for 20 ,
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Jan 24, 2019· BOGOTA, Jan 24 (Reuters) - Colombia has extended coal miner Drummond’s license to operate its La Loma mine for an additional 20 years, the national mining agency said on ,
Grupo Prodeco :: EN
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Aug 27, 2019· ICSID Tribunal awards Prodeco’s main claims and establishes that Colombia should pay an amount in excess of US$20 million Tuesday 27 August 2019 The dispute arose in connection with an Amendment to the mining contract for the Calenturitas mine, signed in ,
Careers | Drummond Company, Inc
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Careers in Colombia Drummond Ltd is the subsidiary in Colombia of a US company dedicated mainly to the exploitation and marketing of coal Since the mid-eighties it began the proceedings and legal process to develop a world class mining project in the middle of the Cesar department, particularly in the area between the towns of El Paso, La .
Coal Project in Colombia | ITOCHU Corporation
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Boasting an annual production and sales volume of 32 million tons , Drummond is the largest coal supplier in Colombia In addition to promoting exports through the coal mining business, we contribute to Colombia's economic development on several fronts, ,
Coal Project in Colombia | ITOCHU Corporation
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Boasting an annual production and sales volume of 32 million tons , Drummond is the largest coal supplier in Colombia In addition to promoting exports through the coal mining business, we contribute to Colombia's economic development on several fronts, such as job creation and supporting industry development
Alabama coal baron faces lawsuits in Colombia killings ,
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Aug 02, 2013· Gustavo Soler knew he was in trouble It was 2001, and Soler was union president at a coal mine in Colombia owned by Drummond, which is controlled by the wealthiest family in Alabama
Press Releases | Drummond Company, Inc
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07/13/2017 - First Anniversary of the death of Mr Garry Neil Drummond, President and CEO for Drummond Company, Inc 06/19/2017 - Press Release on Mine Accident; 05/01/2017 - Drummond Company, Inc Announces Appointment of Nathaniel Drummond as Senior Vice President
Bettercoal Assessment Public Report: Drummond Ltd
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Drummond Ltd is a mining company that operates solely in Colombia, property of Drummond International LLC, a company based in Alabama, United Stat The company is owned by Drummond Company, Inc and its affiliates (80%) and ITOCHU Coal Americas Inc (20%) The mining operations are located in the
Bribery indictment focuses attention on Drummond Company ,
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In 2013, Colombia's government fined Drummond Co $36 million for dumping hundreds of tons of coal into the Caribbean earlier in the year Drummond owns mining, gas, coal, coke and real estate .
Glencore eyes Drummond coal | Financial Times
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Nov 23, 2010· Glencore, the world’s largest commodities trader, and mining company Xstrata are leading the list of possible buyers for the Colombian coal assets of Drummond, a family-owned US coal mining company
Drummond Ltd Colombia – A proven leader in the coal ,
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La Loma, September 25, 2019 Drummond Ltd has once again confirmed its commitment to protect and preserve the environment and to meet Sustainable Development Goal #15 Life on Land, through the release of a crab-eating fox-dog (Cerdocyon thous) at the El Descanso mine Benjamin Peña, a tank truck operator in the Road Area at Drummond [,]
Oil & Gas | Drummond Ltd Colombia – A proven leader in ,
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In 2004, Drummond began oil and gas exploration in Colombia to provide gas supply to our power plant facilities in the Mina Pribbenow mining complex and to participate in Colombia's gas market Potential of the existing projects forecasts an excess of production beyond our current gas needs, which today is close to 13 MMCFGD The excess production will be either sold in the Colombian gas .
Drummond Company - Wikipedia
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Coal min Drummond operates the Shoal Creek mine in northwestern part of Jefferson County in Alabama Output from Shoal Creek is sold to Alabama Power under long-term supply contracts It operated the Pribbenow and El Descanso mines near La Loma in the Cesar Department in northern Colombia Both mines produce bituminous coal Production from .
Drummond lays out stall for Colombian asset sale
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Drummond produces more coal than HVO and has its own Cape port, plus a 41% share of the Fenoco rail line The key metric is production cost and Colombia is home to some of the most competitive mines in the business Drummond’s production costs are estimated in a range of $38-42/t FOB (export terminal price), which is low for the Atlantic market
Colombia extends Drummond contract on coal mine for 20 ,
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Jan 25, 2019· Colombia has extended coal miner Drummond’s license to operate its La Loma mine for an additional 20 years, the national mining agency said on Thursday The contract at the mine,
Drummond said to weigh selling Colombia coal-mining stake ,
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Dec 09, 2010· Colombia Reports relies on your financial support Please become our patron and support independent reporting from Colombia Drummond Co is considering selling a minority stake in its Colombian coal mining operations as an alternative to selling the whole unit to a mining ,
Global Operations | Drummond Company, Inc
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Drummond's coal is marketed and sold both internationally and domestically, serving customers in Europe and the Mediterranean, the United States, South America, and Asia The joint venture in Colombia between a subsidiary of Drummond Company and a subsidiary of ITOCHU Corporation benefits from ITOCHU's extensive global network, particularly in .
Mines | Drummond Company, Inc
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Drummond International, through its subsidiaries, including Drummond Ltd, owns and operates coal mining and transportation infrastructure in Colombia Our Colombian steam coal meets worldwide sulfur regulations and is also very low in mono-nitrogen oxides emissions, which is highly desirable to utility plants required to lower these emissions
Puerto Drummond coal port - SourceWatch
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{{#badges: CoalSwarm|Navbar-Colombiacoal}}The Puerto Drummond coal port is a private coal terminal owned and operated by Drummond, Colombia's second largest coal producerIt is located on the Caribbean coast, approximately 10 km from Ciénaga, Magdalena department, Colombia
Drummond Colombia Coal Asset Investment Outline
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Drummond Colombian Mine Outline (1) Start of Operations 1995 Type of Coal High quality thermal coal Proven & Probable Reserves 19 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
Drummond floating possible Colombia sale to investors - al
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In 2011, Drummond Co sold a 20 percent stake in its Colombia coal mining operations for more than $15 billion to Itochu Corp, one of Japan's largest resources and trading conglomerat View .
Mines | Drummond Ltd Colombia – A proven leader in the ,
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During the late 1980s, Drummond acquired the mining rights to significant coal reserves in northern Colombia, near La Loma, Cesar Development commenced in the early 1990s The characteristics of our Colombian coal compare favorably with those of other internationally marketed steam coals Drummond's coal is one of the lowest sulfur and ash coals currently exported from Colombia
Drummond’s union leader attacked by gunmen in Colombia ,
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Oct 13, 2019· Ricardo Rojas, the vice president of the union that operates at Drummond’s coal mine in Colombia, survived a gun attack perpetrated against him by ,
All About Colombia | Colombian Coal
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The mining sector currently contributes 24 per cent to Colombia’s growth domestic product (compared to Chile at 15 per cent) and the government sees opportunities in the potential 80 per cent of territory dedicated to mine exploration which is completely unexplored

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