Colombia's coal outlook is bright in 2008

摘要

Like their Canadian counterparts, Colombian and Venezuelan exporters will keep a watchful eye on the weather forecast in the months ahead. Blizzards aren't a problem, but floods can be. In recent years, torrential rains have flooded "open cast mines and washed away roads and bridges. In Colombia, the Ministry of Transportation is taking measures to improve existing coal hauling roads and construct a few new ones that should open up interior mining regions to the export market. "In Colombia, the government has really stepped forward to help the coal mining industry," a source told Coal Americas. "Security is so much better at the coal mines than it was just a few years ago. The government has shown a real willingness to work with foreign investors that want to mine coal."