News Coverage for New
Colombia Resources, Inc. (OTCQB: NEWC) -
October 1, 2013 |
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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.
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 Café
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 Colombia
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:
- The acquisition and development of
high-quality metallurgical coal properties
and other available resources in the
Republic of Colombia.
- 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.
- 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 take
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.
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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