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Drummond to continue loading coal in Colombia

Monday, January 6, 2014

U.S.-based coal miner Drummond is able to continue loading coal at its port in Colombia despite a resolution suspending those operations, which is pending approval of the country's environmental regulator.

The local environmental agency in Magdalena province, where Drummond's port is located, ordered the company on Friday to suspend loading of coal onto ships until it met a new law requiring the use of a conveyor belt instead of cranes.

Most other large miners in Colombia have already switched to conveyor belt loading or have always used that system.

Source: Reuters