Tag: MCA

ACM estimates a production of 71.9 million tons of coal in 2023

ACM estimates a production of 71.9 million tons of coal in 2023

In accordance with Juan Camilo Narinochairman of the ACM, said production is expected to increase by 10% compared to 2022, when it reached 64.9 million tons. In this sense, the union leader confirmed that exports of the mining sector reached $4,962 million in the first quarter of the year, which is $1,210 million more than […]

Mining exports totaled $22,155 million in 2022

Mining exports totaled $22,155 million in 2022

Mining exports Colombia they represented 34% of the total value exported by the country in 2022 and totaled US$22,155 million, a growth of 65.6% compared to the US$13,382 million billed in 2021. Read: There are 8.4 million credit card users in Colombia Juan Camilo Nariño, President of the Colombian Mining Association (ACM), said this sector […]

It is a historic year for mining exports: ACM

It is a historic year for mining exports: ACM

The Colombian mining sector will export more than $22 billion this year, assured Juan Camilo Nariño, president of the Colombian Mining Association (ACM). This figure is USD 7 billion higher than last year. The union leader explained that the increase in the value of exports implies a larger contribution to royalties, which will exceed $4.84 […]

The tax threatens the survival of Colombia’s mining sector: ACM

The tax threatens the survival of Colombia’s mining sector: ACM

An analysis of the unionized text shows that, in what has to do with building materials, the combined rate of rent plus allowance leaves the country with an income tax of 45%, without deducting royalty fees as they do in other countries. “This is an unprecedented value compared to other countries in the region, including […]

Tax on coal and oil exports comes from the tax

Tax on coal and oil exports comes from the tax

Presenting the tax reform for the first debate, the tax on coal and oil exports will be abolished and royalties will not be deductible. In addition, a surcharge on the income tax is determined. Finance Minister José Antonio Ocampo explained that the surcharge for oil and coal companies will be 10% in the first year, […]

Barranquilla is a mining services operations center: ACM

Barranquilla is a mining services operations center: ACM

Barranquilla has become a center of goods and services of the mining industry assured the chairman of the Colombian Mining Association (ACM), Juan Camilo Nariño. “The Caribbean coast is the mining center most important thing that the country has and within it, barranquilla it’s the most important thing,” he assured in an interview with EL […]

Coal production cannot increase overnight: ACM

Coal production cannot increase overnight: ACM

The president of the Colombian Mining Association (ACM), Juan Camilo Nariño, said that while the rise in coal prices appears to be a sufficient incentive to increase production, this is a process that cannot happen in the short term. Given the growing global demand for the mineral and the crisis caused by the war in […]