$NEWC 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.
The Company has acquired La Tabaquera metallurgical coal Mine in Guaduas, Colombia. New Colombia Resources is a responsible neighbor with strong ties to the community. New Colombia Resources, Inc. has the full faith and support of the Town of Guaduas, a municipality of 35,000 people with excellent electrical and water supply and an ample workforce.
