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Glencore eyes Drummond coal | Financial Times

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 Colombia CEO investigated on terrorism-related ...

A Drummond Colombia executive and the member of a powerful political dynasty from the north of Colombia, Alfredo Araujo, was arrested in 2014 in relation …

CNR to re-start Colombia coal exports after Drummond ...

Oct 02, 2014· Coal is Colombia's second most profitable export after oil. CNR produced 3.5 million tons of coal in 2013, accounting for about 4 percent of production in Colombia.

Drummond forecasts 35 mn tons of coal exports in 2016 ...

U.S.-based coal producer Drummond said it expected its coal exports next year to rise to between 34-35 million tons, up from a projected total of 28 million tons in 2015. "We expect to have export ...

Drummond - SourceWatch

Corporate market share of global coal export trade; External Articles. Stephen Flanagan Jackson, "Colombia Coal Union Strikes Drummond Mines", LatinAmericanPost.com, June 15, 2006. Kyle Whitmore, "Alabama Company Is Exonerated in Murders at …

La Loma mine - SourceWatch

The company states that company exports from Colombia have grown from "1 million tons in 1995 to 22.9 million tons in 2007." In 2000, coal extraction rose by 4 million tons at la Loma mine after Drummond built a huge dragline at the mine site. Conflict in Colombia

Coal in Colombia - SRK

terms of world coal trade, however, Colombia is a far more important player: in 2009, total world exports were 836 million t, while Colombia exported 69 million t, or 8.25% of the total, placing it fourth on the league table. Coal is widespread in Colombia, occurring in stratigraphic units ranging in age from Lower Cretaceous to

Why Colombia halted a US company's coal exports | Public ...

BOGOTA, Colombia — By shipping 80,000 tons of coal per day, the Alabama-based Drummond Co. has helped turned Colombia into the world's fourth largest coal exporter — but it's always been a ...

Colombian thermal coal exports climb to three-month highs ...

A total of four shipments were received in India, sold by Glencore, from Drummond and totaling around 500,000 mt. This was a 60% drop from April, when Colombia had exported over 1 million mt of thermal coal to India, although it remained 95% higher in year on year comparisons.

Drummond Resumes Coal Exports In Colombia - Marine News

The shutdown of Drummond's port activity had an impact on Colombia's economy the company's coal exports represent about 30 percent of total exports of the mineral from the fourth biggest exporter ...

Drummond Mining News and Commentary | MINING.com

Total coal exports, however, fell 13.1% in the quarter, from 17.4 million tons in the first quarter of 2013 to 15.1 million tonnes in the same period this year. Drummond to restart coal exports ...

Is this U.S. coal giant funding violent union intimidation ...

Drummond — a closely held company based in Birmingham, Alabama, with revenues that reached $3 billion last year—has helped Colombia become the world's fourth-largest coal exporter. Heman Drummond started the business in 1935 on the backs of mules that were used to haul loads of coal from its mines in Alabama.

Drummond Colombia Coal Asset Investment Outline

Drummond Coal Sales Inc. ITOCHU Coal Americas Inc. In USA Drummond Company Inc. & Drummond Associates Inc. ITOCHU 20% 80% ... Others ・Equity in one of the world's largest thermal coal export projects. ... Cesar, Colombia. In addition it owns 40.96% of the rail company and a port for its exclusive use, as below.

La Loma - Mining Atlas

La Loma is a Coal Mine (Cesar), also known as Pribbenow, in Colombia owned by Drummond Coal, Itochu. General: During the late 1980s, Drummond Ltd. acquired the mining rights to the La Loma coal, located in northern Colombia. Development commenced in the earl...

Colombia to charge employees of US coal company Drummond ...

In the meantime, the ban is expected to affect Colombia's coal exports. The South American nation is the world's fourth coal exporter, and Drummond accounts for 30% of that total. Related Topics

Drummond to restart coal exports from Colombia | MINING.com

After close to three months of not being allowed exporting any coal from its Colombian mines, US-based Drummond Co is hours away from resuming shipments from its Cienaga port, on the Caribbean Sea ...

Drummond restarted to export Colombian coal - Ship2Shore

Drummond restarted to export Colombian coal. ... Drummond is Colombia's second-largest thermal coal miner, exporting 22 million tons in 2013. Production at the world's fourth largest coal exporting nation dropped by 4% to 85 million tons last year, below its 89 million target.

Drummond scraps plans to sell Colombia coal mine - BNamericas

Drummond scraps plans to sell Colombia coal mine This information is available only to subscribers. Start a free trial, to unlock the full potential of a subscription to BNamericas.

Coal Project in Colombia | ITOCHU Corporation

In 2016 sales volume reached 33 million metric tons, making Drummond the No. 1 coal exporter in Colombia. In addition to coal exports, Drummond's coal mining operation promotes Colombia's economic growth through job creation and enhancement of coal supporting industries.

Drummond closed a record year in exports, with more than ...

With a 10% increase in production and a 16% increase in exports as compared to 2015, reaching 28.4 and 32.6 million tons respectively, Drummond Ltd. ended 2016 with record numbers, with coal sales to continents such as Asia, the Americas and Europe.

Press Releases « Drummond Company, Inc.

01/12/2017 - Drummond closed a record year in exports, with more than 32.6 million tons of coal shipped to 24 countries; 11/21/2016 - Constructive discussions on the coal supply chain: Bettercoal Board of Directors and Drummond Company Inc. meet in Amsterdam; 11/11/2016 - Drummond Company, Inc. announces organizational changes

Why Drummond and Glencore are accused of exporting ...

The push to boycott "blood coal" exported from Colombia by Drummond and Glencore is gaining momentum in Europe after the publication of a report in which dozens of victims and victimizers testified that the multinational mining companies financed and promoted death squads.

Drummond to start talks with its biggest coal workers ...

Drummond, Colombia's second-biggest coal producer, will next week start talks with the mine workers' union that represents most of its labor force to seek agreement on wages, conditions and ...

Our Operations - Drummond Ltd. Colombia

Drummond holds a concession from the Colombian government to operate Puerto Drummond, an ocean port located on the Caribbean Sea in Ciénaga, near the city of Santa Marta, Colombia. Puerto Drummond was designed as a high capacity loading and storage facility.

History | Drummond Ltd. Colombia – A proven leader in the ...

Drummond Company Inc. formed Drummond Ltd. for the development of projects in Colombia and obtained, through this subsidiary, the rights for the exploration, mining, and export of coal located in the department of Cesar, specifically in the area between the municipalities of …

Drummond Company - Wikipedia

Drummond Company, Inc. is a privately owned company based in Birmingham, Alabama, United States, involved in the mining and processing of coal and coal products as well as oil and real estate.

Drummond Miners in Colombia Return to Work, Ending 53-Day ...

Sep 16, 2013· Coal miners have returned to work at Drummond Co.'s Colombia operations, ending a 53-day strike and enabling coal exports to European power producers including Electricite de France SA to restart.

Colombia's Drummond coal exports to reach 28 mil mt in ...

London — Colombia's second largest thermal coal miner Drummond is to export 28 million mt in 2015, up from the previous year's 23.1 million mt, Drummond Colombia president Jose Miguel Linares said. Speaking to journalists on Friday and as reported by …