The Decline of the Coal Industry in Colombia: Challenges and Insights
Mining attorney Estefanny Pardo presented the radio program in partnership with La Voz Minera EMG titled "Minería al Día con Estefanny Pardo." In this episode, host Estefanny Pardo discusses the significant decline of the mining sector in Colombia, particularly focusing on the 18.8% drop in coal production during the third quarter of 2024. Alongside expert analysis, she reviews various factors contributing to this decline, including international price fluctuations, with coal prices plummeting from $140 to $90 per ton. Pardo highlights the impact of regulatory changes and ongoing uncertainty surrounding mining policies that deter local and foreign investment. She emphasizes the rising prevalence of illegal mining as a critical issue affecting the industry, referencing a recent report by the U.S. Embassy and the Organization of American States (OAS) that addresses the connections between illegal mining and organized crime.
Duration: 15:03