Mining trio drill $3bn into Colombian expansion

Anglo American, Xstrata and BHP Billiton are drilling $3.1billion into expanding their jointly-owned coal mining complex in Colombia. The trio of mining companies will each contribute $437million to the expansion […]

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By Vicky Ellis

Anglo American, Xstrata and BHP Billiton are drilling $3.1billion into expanding their jointly-owned coal mining complex in Colombia. The trio of mining companies will each contribute $437million to the expansion pot.

The Cerrejon site includes an open-pit mine that brings up 32 million tonnes of coal a year, rising to 40 million tonnes after the upgrades which are due to be finished in 2013.

Coal makes up roughly half of Colombia’s energy production, according to International Energy Agency.