For MPX, Colombia is a strategic country, which has the opportunity to offer world-class coal assets. The company -- whose Colombian operation is called CCX -- is developing an integrated coal production project in the La Guajira department, near the Cerrejon mine region in the north of the country, one of Colombia's principle producing areas. With potential resources around 4 billion tons, the region is considered a "Carajás" for low-sulfur ("compliance") coal.
With an integrated logistics infrastructure -- a 150 km (93 mi) rail line from the mines to a company-owned, deep-water port - the project is expected to produce approximately 35 million tons per year. The mines will supply MPX's thermoelectric power plants, strategically located along the Brazilian and Chilean coastlines, as well as meet demands of the international market.
OGX also has terrestrial blocks in Colombia, in the Cesar-Ranchería Basin, Lower Madalena Valley and Middle Madalena Valley.
The Group has acquired, through AUX, a controlling interest in the Canadian mining firm, Ventana Gold, which holds mining rights in northern Colombia's historic California-Vetas gold mining region. The company's total assets guarantee the EBX Group one of the world's richest, subterranean gold deposits.
Activities Map