Prodeco halts operations at Colombian mines

摘要

Colombian coal producer Prodeco has terminated operations at its Calenturitas and La Jagua mines after the government ac- cepted its owner’s request to relinquish its title to the assets, Prodeco told workers in an internal memo seen by Argus. Calenturitas and La Jagua had been on care and main- tenance since March 2020, while owner Glencore sought to return its licence for the assets, after failing to win approval for an extended suspension because of poor export economics.