Colombia

Prodeco Mine

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Categories

Overview

Mine TypeOpen Pit
StatusClosing / Closed
Commodities
  • Coal (thermal)
Mining Method
  • Truck & Shovel / Loader
SnapshotOn February 4, 2021, due to technical and economic reasons, the Prodeco Group submitted its resignation from the mining licenses to the National Mining Agency (ANM).

On September 3, 2021, the ANM accepted the resignation, resulting in the definitive termination of the Prodeco Group's mining licenses and operations.

The settlement of the mining licenses was completed in December 2023, including the delivery of the mining infrastructure to the ANM in operational condition.

The delivery of the assets subject to reversal is expected to be completed in July 2024.

Until September 2021, Prodeco operated the Calenturitas and La Jagua mines.

Owners

SourceSource
CompanyInterestOwnership
Glencore plc. 100 % Indirect

Deposit type

  • Sedimentary

Summary:

The coal deposits are part of Tertiary coal bearing sediments preserved in the Cesar Rancheria basin. The basin is limited tectonically by the Oca Fault in the north and the Bucaramanga-Santa Marta Fault in the south and west. Two other structural features control the basin limits, an igneous and metamorphic complex to the northwest (Sierra Nevada de Santamarta) and the Perija Hills to the east which comprises Jurassic and Cretaceous sediments. These hills are an extension of the eastern Andean Mountains of Colombia (Cordillera Oriental).

The basin is subdivided into the Rancheria Basin in the north where the Cerrejon Mine is located and the Cesar Basin in the south with the Calenturitas and La Jagua deposits. Continuity of the coal measures between the two sub-basins has not been demonstrated.

The Calenturitas deposit is part of a regional synclinal structure (La Loma Syncline) and subsequent NE trending thrust faulting has resulted in the current distribution of numerous coal deposits in that area. The tectonic setting is predominantly compressive with NE-trending thrust faults the main structural features.

The La Jagua coal deposit is a synclinal basin formation approximately 5 km long and 2 km wide. The deposit is multi seamed and steeply dipping on both the north-west and south-east flanks. The centre of the deposit is much flatter with dips up to 5°. On the basis of borehole and mining records to date, faulting is not common and no major structures have been identified.

Both deposits are characterised with multiple dipping seams of variable thickness and quality.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

Summary:

MMC/MBGS observed that all ROM coal is crushed at each mine and is the loaded into trucks or trains without further processing. Coal is sold “unwashed”, meaning there is no metallurgical treatment required to achieve a saleable product. The yield is therefore 100%.

Production

CommodityUnits202020192018201720162015
All production numbers are expressed as ROM coal.

Operational metrics

Metrics202020192018201720162015
Coal tonnes mined  ....  Subscribe15.6 Mt of ROM coal11.7 Mt of ROM coal14.6 Mt of ROM coal17.3 Mt of ROM coal17.6 Mt of ROM coal

Production Costs

Commodity production costs have not been reported.

Financials

Units2020201920182017
Capital expenditures M USD  ....  Subscribe 229   255   176  
Sustaining costs M USD  ....  Subscribe 229   254   175  
Revenue M USD  ....  Subscribe 793   1,112   1,205  
EBIT M USD  ....  Subscribe -180   32   192  
EBITDA M USD  ....  Subscribe 43   208   359  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 14, 2024
....................... Subscription required ....................... Subscription required Subscription required May 14, 2024
....................... Subscription required ....................... Subscription required Subscription required May 14, 2024

EmployeesContractorsTotal WorkforceYear
...... Subscription required ...... Subscription required ...... Subscription required 2018
...... Subscription required ...... Subscription required ...... Subscription required 2017
...... Subscription required ...... Subscription required ...... Subscription required 2016
...... Subscription required ...... Subscription required ...... Subscription required 2015

Aerial view:

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