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March 17, 2023
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ANM explains the differences between mineral production figures

ANM explains the differences between mineral production figures

After Portafolio published an article pointing out the important differences between the mineral production figures presented by the National Mining Agency (ANM) and the data from Dane and the Colombian Mining Association (ACM), the Agency’s president explained why these differences occur.

(In context: Why doesn’t the mining production data add up to the sector?)

According to Álvaro Pardo, president of the ANMthe most complete information is found four to five months after since the companies present the extraction figures at the same time as the royalty payment forms.

It should be remembered that according to the mineral production reports of the National Mining Agency (ANM), in 2022 the production of coal, gold, silver, platinum and emeralds fell, with double-digit negative variations.

(You may be interested in: The four titles in which the ANM resumes control)

However, These data contrast with the reports from Dane and the ACM, which estimate higher production figures.. One of these cases is that of coal, which according to the export data of the statistical entity was 60.93 million metric tons. This is a difference comparable to the 53.95 million published by the ANM.

Brown explained that “there is a divergence with other calculations, because the data is obtained differently”. He noted that as companies provide more complete information, this will be updated.

(Also: What Jericó would stop receiving without copper mining activity)

It should be remembered that For more than a year, the ANM has not published the official production figures to the media of minerals, with which updates to past data are unknown posted on your page.

Brown pointed out that work to generate more transparent information regarding its mineral production data so that the sector has more up-to-date data.

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