| Colombia gov't forecasts 10 pct increase in 2015 coal output | |
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(Adds coal prices, production by company, background) BOGOTA, Feb 24 (Reuters) - Colombia, the world's fourth-biggest coal exporter, expects to produce 97.8 million tonnes of the fossil fuel this year, up 10 percent from 88.6 million tonnes in 2014, the government's UPME energy planning department said on Tuesday. Coal output last year fell only slightly short of the government's original target of 89.1 million tonnes even with long-running logistics strife affecting its second-biggest coal producer, U.S.-based Drummond Co Inc and sliding international prices. Cesar province is expected to produce 54.3 million tonnes. Neighboring Guajira, where Colombia's top producer Cerrejon operates, would produce 36.6 million tonnes. The rest would come from other provinces with smaller output. Most of Colombia's coal is shipped to Europe where countries including Germany, France and Italy burn it for power generation. European API2 2015 coal futures edged up 0.3 percent to $61.20 a tonne on Tuesday, after rebounding in recent weeks from a nine-year low of $55.60 hit on Jan. 26. Prices last February were around $73 and around $99 this time two years ago. Cerrejon, a joint-venture between Anglo American Plc , BHP Billiton Ltd and Glencore Plc produced around 34.4 million tonnes in 2014 according to the government. Drummond followed with 26.8 million tonnes produced last year. Glencore's Prodeco produced about 12.6 million tonnes and Goldman Sachs Group Inc's Colombia Natural Resources mined just under 870,000 tonnes. (Reporting by Luis Jaime Acosta; Writing by Peter Murphy; Editing by Lisa Shumaker)
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Anglo American plc
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PRODUCER |
CODE : AAL.L |
ISIN : GB00B1XZS820 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Anglo American is a nickel and zinc producing company based in United kingdom. Anglo American produces nickel, zinc, chromium, copper, gold, manganese, molybdenum, platinum, silver, uranium and zircon in Australia, in Brazil, in Canada, in Chile, in Namibia, in Peru, in South Africa and in Venezuela, develops coal, copper, gold and molybdenum in South Africa, and holds various exploration projects in Brazil. Its main assets in production are RUSTENBURG SECTION, MAMATWAN, MPONENG (WESTERN DEEP NO. 1 SHAFT), TAUTONA (WESTERN DEEP NO.3 SHAFT), MARIKANA, WESSELS and PALABORA MINE AND SMELTER in South Africa, COLLAHUASI MINE, MANTOS BLANCOS and MARICUNGA in Chile, CODEMIN in Brazil, NAVACHAB MINE and SKORPION MINE in Namibia, LOMA DE NIQUEL in Venezuela, GEMCO in Australia, QUELLAVECO in Peru and CALLINAN MINE in Canada, its main assets in development are ZONDAGSFONTEIN and PEBBLE in South Africa and its main exploration properties are LISHEEN and RATHDOWNEY TREND / MOATE in Ireland, SAN FERNANDO and PINABETE in Mexico, 777 PROJECT, BAY PAINE, NUVILIK, MUSKOX, RIVER VALLEY, RAGLAN / BELANGER and WEST RAGLAN in Canada, BOYONGAN (NORTH) in Philippines, RAKKURIJARVI in Sweden, ATASPACA and ANTAY in Peru, KOLWEZI in Congo Dem. Rep. of, SALOBO and ARIPUANA / AREX in Brazil, PLATREEF and SPITZKOP ZINC in South Africa and ZAMBEZI in Zambia. Anglo American is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 3 714.6 billions as of today (US$ 4 337.1 billions, € 4 052.2 billions). Its stock quote reached its lowest recent point on May 12, 2017 at GBX 1 001.00, and its highest recent level on April 26, 2024 at GBX 2 643.00. Anglo American has 1 405 465 000 shares outstanding. |