Asset Report

La Francia coal mine

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20 March 2020

La Francia coal mine

Report summary

La Francia is a surface mine that uses a typical truck-and-shovel mining method. In August 2015, the US firm Murray Energy Corp. acquired Goldman Sachs' coal assets in Colombia, Colombia Natural Resources (CNR). The deal included La Francia, El Hatillo and Cerrolargo Sur mining properties as well as a stake in Fenoco and the Rio Cordoba port concession. Mining at La Francia was suspended in 2013 due to issues with a contract miner. One year later, shipments from the Rio Cordoba port were halted due to new coal port loading rules in Colombia requiring a conveyor belt loader. La Francia resumed operations in 2015 after CNR worked out a high cost shipment deal through the port of Santa Marta.

Table of contents

Tables and charts

This report includes 13 images and tables including:

  • Detailed map
  • Participation
  • Coal seams
  • Marketable reserves (at 01/01/2020)
  • Production
  • Production
  • Operations
  • Cash costs
  • Cash costs
  • Capital costs
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    Asset_La Francia.xls

    XLS 282.00 KB

  • Document

    La Francia-Colombia-BASE.XLS

    XLS 439.50 KB

  • Document

    La Francia coal mine

    PDF 1.08 MB

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