During the first quarter of 2023, exports from the mining sector they reached 4,962 million dollars, a growth of 32 percent compared to the 3,752 million dollars reported in the same period last year.
Are exports are diskWell, according to the Colombian Mining Association (ACM), they are the highest registered in the last 14 years.
(Also read: Four mining companies left Colombia due to insecurity and uncertainty to invest)
44 percent of Colombian minerals reached the European market, that it has been gaining ground because a year ago its participation was 26 percent. Then come Asia (22 percent) and America (33 percent).
In these first three months of the year thermal coal exports grew 9 percent, while those of gold rose 6 percent, those of nickel 14 percent and those of copper, 39 percent. On the contrary, foreign sales of coke fell 29 percent due to a lower dynamism of this mineral.
(Also read: Oil and mining boosted record currency flow that arrived in Colombia in April)
The project contemplates, among various works and roads, the construction of a gold benefit plant with a maximum capacity of 3,200 tons per day.
By 2023, the ACM estimates that the thermal coal production reaches 71.9 million tonsan increase of 10 percent.
As for gold, total production in Colombia would rise 26 percent to settle at 1.7 million troy ounces, but it is expected that the upward trend that business production had been showing will come to an end.
The unsafe conditions in some operations, as is currently happening in the Continental Gold’s Buriticá mine Due to the terrorist attacks in recent days, they would place business production below the 616,023 ounces that were extracted last year.
(Also read: New US law opens opportunities for Colombia to export copper and nickel)
Carlos Ortega. TIME
would also register drop in the production of construction materialswhich would go from 14.6 to 13.9 million tons due to higher interest rates that fell directly to this sector.
“I make a strong call to the Government to implement public policies that help the construction sector because it is a dynamizer of the national economy and marks the production of many minerals. The economy will suffer if the housing and construction sectors are not encouraged and there will be a direct effect on the workers”, said the president of the ACM, Juan Camilo Nariño.
