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Drummond miners in Colombia end 53-day strike

Monday, September 16, 2013

Coal miners have returned to work at Drummond's Colombia operations, ending a 53-day strike and enabling coal exports to European power producers to restart.

Work resumed at Drummond’s port and Pribbenow and El Descanso coal mines in northern Colombia late September 14, after a government statement a day earlier said an arbitration tribunal would resolve the long-running dispute over pay and work conditions.

Drummond is Colombia’s second coal miner, producing 26 million metric tons in 2012, about one third of the country’s total.

Source: Bloomberg