Asset report

Las Carmelitas coal mine

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Report summary

Las Carmelitas is a coal project located in the Zulia department of Venezuela. The mine's license was approved in 2002 and under the initial plan Las Carmelitas should have started in late 2005. However we do not expect this project to come online before 2025.All mining concessions in Venezuela reverted back to the government's ownership on 1 January 2014 as the latter declined to renew areas in Zulia that had been held by private companies. Previously Peabody had a 49% interest in the project.Lower strip ratios at the start of the mine and higher productivity levels will result in lower mining costs compared to other mines in Venezuela.

What's included

This report contains

  • Document

    asset las carmelitas.xls

    XLS 252.50 KB

  • Document

    Las Carmelitas-Venezuela-BASE.XLS

    XLS 265.50 KB

  • Document

    Las Carmelitas coal mine

    PDF 363.68 KB

  • Document

    Las Carmelitas coal mine

    ZIP 527.93 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 15 images and tables including:

Images

  • Detailed map
  • Production
  • Cash costs

Tables

  • Key facts: Table 1
  • Participation
  • Coal seams
  • Marketable reserves (at 01/01/2017)
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Capital costs
  • Product quality
  • Product quality
  • Economic assumptions

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