Drummond Co News

Colombia Coal Output falls 11.7%

Colombia, the world's fifth-largest exporter of coal, produced 19.6 million tonnes in the first quarter, down 11.7 percent from output the year before, the Energy and Mining Ministry said in a statement on Wednesday. In the same period last year, Colombia produced 22.2 million tonnes. In full-year 2017, the Latin American nation produced 89.4 million tonnes, slightly below 2016 when output was 90.5 million tonnes. The biggest players in Colombia's coal industry are Drummond Co, Glencore Plc, Murray Energy Corp's Colombia Natural Resources, and Cerrejon, which is owned by BHP Billiton, Anglo American PLC and Glencore. (Reporting by Helen Murphy Editing by Susan Thomas)

Drummond Construction Barge Sinking Flags Pollution Concern

A barge carrying construction materials for U.S.-based Drummond Co Inc, Colombia's second biggest coal miner, was shipwrecked at the company's port late last week, the company said on Sunday, causing leakage of some diesel fuel into the sea. Drummond only recently reopened the port in northern Colombia after the government had shut down operations until the miner completed an upgrade to meet new environmental legislation. It missed the January deadline for finishing work. RCN Radio said the vessel was carrying 60 gallons (227 liters) of diesel oil. A Drummond statement confirmed the incident and said the crew was rescued but did not mention the amount of fuel that leaked into the sea.