Colombia: Glencore to Abandon Mining in Colombia amid Growing Woes

Feb 5, 2021 | Adriaan Alsema, Colombia Reports
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Multinational Glencore’s subsidiary in Colombia said Thursday that it will abandon its mining interests amid dropping profits, and growing human rights and environmental concerns. In a press release, Glencore subsidiary Prodeco announced it will return its mining titles in La Guajira, where the company partly owns Colombia’s largest coal mine, and the neighboring Cesar province. The Glencore subsidiary said it would only keep its interest in “Puerto Nuevo,” a coal exports port close to the Caribbean city of Santa Marta.