New Colombia Resources - NEWC

News Coverage for New Colombia Resources, Inc. (OTCQB: NEWC) - October 1, 2013

Stock News

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Company Snapshot
New Colombia Resources, Inc.

251 174th Street # 816
Sunny Isles Beach, FL 33160

www.newcolombiaresources.com

Directors:
John Campo, President
Tel: (410)236-8200
Email: info@newcolombiaresources.com

Sector: Energy
Ticker Symbol: NEWC
Exchange: OTCQB
Shares Outstanding: 75,595,293
Float: APX 25,200,000 +/-

52 Week Low: $0.0015
52 Week High: $0.089

 



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New Colombia Resources Inc. will Import Organic Coffee to Enter the Booming High Value Organic Coffee Market
 

The organic food business is booming around the world with coffee having the greatest value of any organic import to North America.
 

Barranquilla, Colombia - October 1, 2013 - (PRNewswire) - New Colombia Resources, Inc. (OTCQB: NEWC) (“the Company”) announces they have signed a letter of intent to acquire Café Tolima Don Diego, LLC to distribute USDA Certified Organic Coffee in Colombia, North America, Europe, and China. This acquisition is in line with the company’s corporate objective of taking advantage of resource opportunities in the Republic of Colombia.

Get News Alerts & Stock Updates for New Colombia Resources delivered directly to your Mobile Phone. Text NEWC to 545454 (News alerts are free; however standard message & data rates may apply. Check with your carrier for more details.)

NEWC sign upCafé Tolima Don Diego is in talks with supermarket chains, airlines, and wholesale clubs in the U.S. and Colombia. New Colombia Resources will establish a sales office in Colombia to handle domestic and international sales. For more information on Café Tolima Don Diego visit http://www.cafetolimadondiego.com/

New Colombia Resources met with attorneys yesterday to establish their Café Tolima Don Diego S.A.S. operating subsidiary in Colombia. Diego Guarnizo will work with John Campo to enhance the brand and begin their coffee distribution by purchasing 16,000 lbs of USDA Certified Organic coffee for distribution in Colombia and the U.S. The company’s suggested retail price will be $ 8.00 for a 500 gram package in Colombia and $ 10 for a 1 lb package in the U.S. The company will work closely with Andres Castro of Guia de Café in Bogota’ to establish the perfect organic award winning blend. A coffee from Tolima won the Colombia Baristas Championship earlier this year. For more information visit http://en.guiadelcafe.com/.

The organic food business is booming around the world with coffee having the greatest value of any organic import to North America. Colombian coffee is considered the best in the world since the Colombian Coffee Federation has the strictest export quality standards. New Colombia Resources aims to deliver the best organic and traditional coffee to the domestic market as well as the export market since many in Colombia feel they are cheated out of good coffee.
“With coffee bean prices at an all time low, we feel this is the best time to enter the coffee business since the price on the shelf for organic coffee doesn’t reflect the low futures prices. In reference to coking coal, I feel the recent upgrade of met coal stocks is very encouraging since we expect to begin selling coal in the coming months after prices have recovered,” stated John Campo, President of New Colombia Resources.


About New Colombia Resources, Inc.

New Colombia Resources, Inc. is focused on the acquisition and development of high-quality metallurgical coal properties and other available resources in the Republic of Colombia. They expect to have three revenue producing businesses; metallurgical coal mining, African palm distribution, and traditional and organic coffees. They own 100% of La Tabaquera metallurgical coal mine in Colombia with an estimated 15- 17 MM tonnes of reserves. They have another pending acquisition for 390 ha and a solicitation contract for 184 ha metallurgical coal concession. In October 2013 they are planting 2000 African palm trees for the production of bio-diesel in Colombia and they are acquiring an organic coffee company. Once the necessary financing is obtained, the Company plans to have additional revenue producing business units in Colombia: coal mining, coking oven facilities, docks, river, and rail transportation to export terminals in Colombia. The Company is also exploring allegiances with U.S. and Colombian universities to study capturing Coal Bed Methane (CBM) in Colombia. For more information on the Company visit www.newcolombiaresources.com. 

Transportation, Logistics and Other Information

New Colombia Resources intends to sell their coal at the mine’s gate. At the right time, the Company plans to build or acquire river or rail loading facilities on the Magdalena River close to their mines. The coal will be trucked to these distribution centers, and then barged via the Magdalena River or by rail to terminals in Barranquilla, Santa Marta, or Cartagena for export. Initially they will use existing logistics providers while their transportation projects are being developed. After the rail projects and the "Road to the Sun" project are completed, New Colombia Resources will have one of a few metallurgical coal mines in the World with river, rail, and road access to coal export terminals on both the Atlantic and Pacific Oceans.

 

About New Colombia Resources, Inc. (OTCQB: NEWC)

 

New Colombia Resources Takes Advantage of Additional Resource Opportunities in ColombiaNEWC sign up

Now more than ever is the opportune time to take a close look at NEWC as the Company expands operations beyond just Metallurgical Coal Mining! RESEARCH NEWC TODAY!

New Colombia Resources (NEWC) Operations To Now Include:

  1. The acquisition and development of high-quality metallurgical coal properties and other available resources in the Republic of Colombia.
  2. Utilize patented hybrid African oil palm supergene seed that when planted with their patented fertilizer produces 59% oil content as compared to the 21- 25% oil content currently produced in Colombia. In October 2013 NEWC will be planting 2,000 African palm trees for the production of bio-diesel in Colombia.
  3. Just signed a LOI to acquire Café Tolima Don Diego, LLC to distribute USDA Certified Organic Coffee in Colombia, North America, Europe, and China.

 

New Colombia Resources expects to have three revenue producing businesses; Metallurgical Coal Mining, African Palm Distribution for Bio-Diisel Production and Traditional & Organic Coffees.
 

New Colombia Resources, Inc., through it’s wholly owned subsidiary, acquires, explores and develops coal mining concessions in Colombia. The company's first acquisition, La Tabaquera Concession Contract No. ILE-09551 (“The Concession”) located in Guadaus, Colombia, granted for the Exploration and Exploitation of a Carbon Mineral and other Grantable Mineral Deposits by the Colombian Institute of Geology and Mining (INGEOMINAS), will allow NEWC to enter the growing Colombian coal mining industry. NEWC will implement new US mining technologies to provide innovative approaches to geological engineering, and clean coal mining in Colombia.

To Read the Mine Assessment / Appraisal report for the La Tabaquera Concession, please go here

The Company plans to have three revenue producing business units in Colombia: coal mining, coking oven facilities, and docks and river transportation along the Magdalena River. The Company is also exploring allegiances with U.S. universities to study capturing Coal Bed Methane (CBM) in Colombia.

Colombia Coal Sector

According to the World Energy Council, Colombia had 6,814 million short tons (MMst) of recoverable coal reserves in 2007, consisting largely of bituminous coal and a small amount of metallurgical coal. The country has the second-largest coal reserves in South America, slightly behind Brazil. Colombia’s coal is relatively clean-burning, with a sulfur content of less than 1 percent. Over the past decade, production has more than doubled, reaching 86.7 MMst in 2008. Colombia’s coal consumption was only 5.2 MMst in 2008, leaving most of the country’s production available for export; in 2008, Colombia was the fourth-largest net coal exporter in the world.

Colombia completed the privatization of its coal sector in 2004 with the closing of Minercol, the former state-owned coal company. The largest coal producer in Colombia is the Carbones del Cerrejon consortium, composed of Anglo-American, BHP Billiton, and Glencore. Drummond Co. operates the second-largest coal mine in Colombia, La Loma producing about 20 MMst per year.

Currently, most Colombia coal exports go to Europe, North America, and Latin America, as the vast majority of Colombia’s coal producing and exporting infrastructure is located on the Caribbean coast. Coal is an important part of the Colombian economy: in 2009, coal represented about one-quarter of total export earnings, and mining taxes and royalties paid to the Colombian government exceeded $1 billion. During the first nine months of 2009, the United States imported 13.6 MMst of coal from Colombia, about 80 percent of total U.S. coal imports.


 

Why Consider New Colombia Resources, Inc. (OTCQB: NEWC) Today - Investment Considerations

 

New Colombia Resources, Inc. is in perfect position to takeNEWC sign up advantage of the World's Growing Demand for Coal Production as it sets its sights on one of the hottest regions on the Globe for Coal; South American Hot Spot - Colombia

NEWC enjoyed a very favorable run up since late November, 2012. Reaching highs of over $0.08 per share, NEWC has experienced some selling pressure of late. History of Mining Companies have proven to take time in reaching any level of acceptable success. Many of the start-up production activities, environmental/permitting processes, fund raising and dozens of other necessary steps take time, sometimes a lot of time. The primary reason retail investors keep a close eye on Mining plays is the upside potential can be a strong reality coupled with the value of proven potential returns.

Retail Investors, or more of today's 'Day-Trader', can influence the price per share. However it should be noted that the astute investor is aware that the real potential value is actually in the ground, the proven reserves.

With NEWC's LA TABAQUERA mine having a potential value of $75 million proven reserves, the Company's new neighboring mine could be a golden add-on and should be in production soon once the permitting is complete.

Globally, many analysts predict coal will actually overtake oil to become the world's single-largest power source over the next five years, thanks to strong growth in demand from world markets including China and India. The critical point for individual investors is to find the stable and secure players in the coal sector — companies like New Colombia Resources, Inc. (OTCQB: NEWC).

Some industry analyst believe Coal Production Could Overtake Oil Production as the World's Top Energy Source. One of the biggest factors behind the rise in coal use has been the massive increase in the use of shale gas in the US. Coal is abundant and found in most regions of the world, unlike conventional oil and gas, and can be cheaply extracted. As a result, coal was used to meet nearly half of the rise in demand for energy globally in the past decade. According to the IEA, demand from China and India will drive world coal use in the coming five years, with India on course to overtake the US as the world's second biggest consumer. China is the biggest coal importer, and Indonesia the biggest exporter, having temporarily overtaken Australia.

Read more: http://www.businessinsider.com/coal-may-pass-oil-as-top-energy-source-2012-12#ixzz2FSDYzTti and http://www.npr.org/blogs/thetwo-way/2012/12/18/167546881/coal-may-pass-oil-as-worlds-no-1-energy-source-by-2017-study-says

New Colombia Resources, Inc. (OTCQB: NEWC) has recently caught the attention of the investment community as of late. Investors started accumulating shares of NEWC since Tuesday Nov 27, 2012.

NEWC has begun the environmental and geological studies on its wholly owned La Tabaquera coal mine with an estimated 17 Million tonnes of mostly metallurgical coal. According to the given prices and estimated amounts in reserve, the gross value of La Tabaquera Mine is US$ 70,230,825. By taking into account a maximum of 70% exploitability, the mining assessment would amount to US$ 49,161,578

The company also has a letter of intent with an existing shareholder to acquire a neighboring concession with another estimated 80 Million tonnes of reserve.

Once a concession is acquired and the necessary financing is obtained, the Company will begin all the required environmental and geological studies to get them into production as efficiently as possible.

There's a lot of interest in Coal Production coming out of Colombia. So much so, that a Goldman Sachs-led group recently purchased coal assets from the world's second-biggest miner - Brazilian miner Vale - worth more than $405,000,000 Dollars this year.
 

New Colombia Resources, Inc - NEWC


Recent NEWC News Releases


New Colombia Resources, Inc. Will Plant 2,000 African Oil Palm Trees to Produce Bio-Diesel While They Develop Their Metallurgical Coal Mine

New Colombia Resources Inc. Submits Drilling Quote Request from International Drilling Company

New Colombia Resources Inc. Announces Completion of a Drilling Program by Leading Global Exploration Services Company

New Colombia Resources Inc. Announces Results of Coal Surface Samples Showing High Grade Anthracite Qualities in Colombia

New Colombia Resources Submits Application for Another Coal Concession

New Colombia Resources Inc. Announces SGS Started Exploration Services at their Metallurgical Coal Property in Colombia

New Colombia Resources Inc. Engages SGS to Commence a Drill Program and Exploration Services at their Metallurgical Coal Property in Colombia

New Colombia Resources, Inc. Moves Forward in Colombia Coal Mining Operations as Fitch Raises Colombia Outlook to Positive

New Colombia Resources Inc. Plans to Commence Drilling at their Metallurgical Coal Property in Colombia.

New Colombia Resources, Inc. Announces Plans for a Railroad Extension to Deliver Premium Coal to Export Markets


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