Colombia Reports Q2 2026 Mining Output Growth
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Colombia’s mining and quarrying sector grew by 4.2% in the second quarter of 2026, outpacing the national economy’s 3.5% expansion. This growth was driven by a 16.2% increase in coal activity and a 15.4% rise in metallic minerals, according to data from DANE. Conversely, fiscalized crude oil production fell by 1.9% to 722.2 thousand barrels per day during the same period. While the mining sector showed a 1.6% year-to-date growth, the lack of specific volume figures for coal and gold limits the ability to assess actual production levels.
Consequences
The reliance on mineral extraction as a growth driver faces immediate risks as IDEAM forecasts 20-60% drops in river flows starting in August. This predicted drought conditions through January 2027 may disrupt operations in a sector currently experiencing uneven recovery between surging mineral output and declining oil and gas production.
Sources
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