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Coal production fell 2 percent in 2019 to 82.
2 million tonnes due to lower production at one of its main mines and operational disruptions caused by drought, the Colombian government said on Wednesday.
Colombia is the world's fifth-largest coal exporter, producing more than 84.
2 million tonnes of coal in 2018.
In 2019, a judicial ruling blocked the expansion of mining operations at Cerrejon, a Laguajira coal mine jointly owned by BHP Billiton, Anglo American and Glencore
.
Silvana Habib, head of the National Mining Agency, said: "The coal industry has reached an important turning point
.
In the case of thermal coal, the average price fell from $82.
50 per tonne in 2018 to US$
51.
4 per tonne in 2019.
Climate change and restrictions on judicial rulings have both had an impact
on the industry.
”
In addition to the Cerrejon mine, Colombia's coal industry has two major mines, Drummond and Prodeco
.
Glencore, Colombia's major mineral project developer, wrote $514 million and $435 million impairment on Prodeco and Cerrejon in its 2019 results
.
Anglo American's operations in Cerrejon resulted in an impairment of US$334 million
.
In addition, Colombia's gold production reached 36.
6t in 2019, up 3%
from 35.
5t in 2018.
The government predicts that gold production will increase by 12%
by 2020 due to the start of operations of the Buritica project in Antioquia.
In 2019, Colombia produced 89.
4 million pounds of nickel, down 6% from 2018 levels, when nickel production was 94.
9 million pounds
.
Coal production fell 2 percent in 2019 to 82.
2 million tonnes due to lower production at one of its main mines and operational disruptions caused by drought, the Colombian government said on Wednesday.
Colombia is the world's fifth-largest coal exporter, producing more than 84.
2 million tonnes of coal in 2018.
In 2019, a judicial ruling blocked the expansion of mining operations at Cerrejon, a Laguajira coal mine jointly owned by BHP Billiton, Anglo American and Glencore
.
Silvana Habib, head of the National Mining Agency, said: "The coal industry has reached an important turning point
.
In the case of thermal coal, the average price fell from $82.
50 per tonne in 2018 to US$
51.
4 per tonne in 2019.
Climate change and restrictions on judicial rulings have both had an impact
on the industry.
”
In addition to the Cerrejon mine, Colombia's coal industry has two major mines, Drummond and Prodeco
.
Glencore, Colombia's major mineral project developer, wrote $514 million and $435 million impairment on Prodeco and Cerrejon in its 2019 results
.
Anglo American's operations in Cerrejon resulted in an impairment of US$334 million
.
In addition, Colombia's gold production reached 36.
6t in 2019, up 3%
from 35.
5t in 2018.
The government predicts that gold production will increase by 12%
by 2020 due to the start of operations of the Buritica project in Antioquia.
In 2019, Colombia produced 89.
4 million pounds of nickel, down 6% from 2018 levels, when nickel production was 94.
9 million pounds
.
