Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Colombia's Cerrejon coal mine resumes exports

Published 31/08/2016, 10:03 pm
© Reuters.  Colombia's Cerrejon coal mine resumes exports
AAL
-
BHPB
-
GLEN
-

By Luis Jaime Acosta and Helen Murphy

BOGOTA, Aug 31 (Reuters) - Colombia's largest coal mine, Cerrejon has restarted loading and exporting from its Bolivar port after a suspension last week due to suspected contamination, the company said on Wednesday.

Work at the port began again on Tuesday, Cerrejon said in a statement.

The suspension occurred last Friday after local government agency Corpoguajira issued an order for airborne emissions to be checked due to evidence that contamination had impacted the health of local indigenous communities.

Cerrejon presented a plan to keep emissions in check and Corpoguajira accepted it, the company said.

Cerrejon's mine produces 32 million tonnes of coal a year, or 37 percent of Colombia's total output. Earlier this year union workers voted in favour of a strike, but the two sides were able to reach agreement.

Cerrejon is a joint venture between Australia-based BHP Billiton (LON:BLT) Ltd BNP.AX , London- and Johannesburg-based Anglo American Plc AAL.L and Swiss-based Glencore Xstrata GLEN.L .

Colombia is the world's fifth largest coal exporter. The country's output fell 3.5 percent in 2015 to 85.5 million tonnes. (Writing by Nina Chestney, editing by Louise Heavens)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.