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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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- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Wilmar Investment Holdings
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- London Commodity Brokers - England
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Planning Commission, India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
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