Strike Not a Problem for Cerrejon Coal Mine

Bloomberg reported that BHP Billiton Ltd.’s (ASX:BHP,NYSE:BHP,LSE:BLT) Colombia-based Cerrejon coal mine will come close to a previously announced production target despite a month-long strike.

As quoted in the market news:

Cerrejon, owned by BHP, Anglo American Plc and Glencore Xstrata Plc, will produce 33.6 million metric tons, Luis Meneses, vice president of operations, said in an e-mailed response to questions sent by Bloomberg. The company’s previous target was 34 million tons, with the shortfall attributed to rains in September.

Click here to read the full Bloomberg report.