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COLOMBIA: Construction plans for proposed $130,000,000 coalmine expansion project, CARBONES DEL CERREJON [Colombia] - Order #: 050503.

Publication: WWP-Report on Mining, Metal Making and Conversion
Publication Date: 01-MAY-03 		Format: Online - approximately 1044 words
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

The local CARBONES DEL CERREJON currently operates the Cerrejon Zona Norte coal mine on the country's La Guajira peninsula. The mine's output is presently estimated at 17.3 million tons per year (t/y). And, the company is now gearing-up to undertake an expansion program that is aimed at adding another 11.7 million t/y in production capacity.

The cost to complete the planned upgrade project has been pegged at $130,000,000. Of this amount, about $70,000,000 will go towards the acquisition of mining equipment. And, the balance of the funds will be used for: - Infrastructure construction such as bridges; - Telecommunications; - The installation of impermeable pit barriers; - The completion of feasibility studies; - Exploration works; - Some property acquisition; - The procurement of pumping and other light equipment.

CARBONES DEL CERREJON, an equally owned subsidiary by ANGLO COAL PLC of South Africa, Australia-based BHP BILLITON and GLENCORE INTERNATIONAL AG of...

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