Mining contracts renewed only if in national interest: Minister
Colombia’s mining and energy minister says that contracts with Drummond and Cerro Matoso will only be renewed if it is in the interest of the nation. Ferronickel mining company Cerro…
mining
IGBC index rises as Ecopetrol announces gas discovery
The Colombian IGBC stock index rose Wednesday, led by shares of state-controlled oil company Ecopetrol SA, which announced the discovery of a gas deposit in northeastern Colombia. The IGBC benchmark…
Suroco Energy sells Colombian oil and gas assets for US$1.2 million
Canada oil and gas junior Suroco Energy Inc. said Tuesday it has agreed to sell its interest in the Arjona Block in Colombia for US$1.2 million. The Calgary-based company had…
Brother of ex-inspector general arrested for unionists’ murder
The brother of Colombian former Inspector General Edgardo Maya was arrested for his alleged responsibility for the murder of two unionists working for multinational coal company Drummond. According to the…
Government hands key royalties proposal to Congress
The Colombian government presented Congress with proposed reforms to oil and mining royalties on Tuesday — one of the key projects as the country seeks to regain investment grade lost…
Coal output to double by 2019: Government
Colombia’s coal output will rise to 144 million tons in 2019, up from 72 million tons in 2009, newly appointed Mines and Energy Minister Carlos Rodado told reporters Friday. Colombia’s second-largest…
At least 4 dead in north Colombia mine accident
An accident at the Cerrejon coal mine in La Guajira, northern Colombia, on Thursday killed at least four miners and injured another twelve. According to initial media reports, the accident occurred…
Colombia 2010 coal production likely to reach 76 million tons:official
Colombia’s coal production will likely reach 76 million tons in 2010, the director of Colombia’s mining regulatory body said Thursday. The government is also readying to auction some areas for…
Coal workers reach deal at La Jagua mine
Coal workers in Colombia at the La Jagua mine of Glencore’s Prodeco unit have reached a two-year compensation deal with the company after a five-week walkout, union officials said on…