Asset Report

Similoa - Rincon Hondo coal mine

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12 March 2020

Similoa - Rincon Hondo coal mine

Report summary

The Similoa and Rincon Hondo areas are located south of the La Loma concession, bordered by El Descanso South. The project will be developed as a surface mine using a typical truck-and-shovel mining method. Drummond opted to postpone Similoa Rincon Hondo's startup as new reserves were discovered at the Pribbenow mine. This not only extended the latter's mine life but also allowed Drummond to hold on to its overall production growth plans. Similoa Rincon Hondo will produce an unwashed low-sulphur, low-ash bituminous coal destined for the export thermal coal market.

Table of contents

  • Summary
  • Key issues

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
  • Infrastructure
  • Cash costs
  • Cash costs
  • Capital costs
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    Asset_Similoa Rincon Hondo.xls

    XLS 283.00 KB

  • Document

    Similoa Rincon Hondo-Colombia-BASE.XLS

    XLS 455.00 KB

  • Document

    Similoa - Rincon Hondo coal mine

    PDF 1.07 MB