In June 2009, the company signed an agreement for the two coal mine concessions in Colombia. The agreement includes the intent of a future association for exploration and exploitation.
Companies West Group will now proceed with a mining exploration program on the approximately 10,000 hectare coal mining properties. Both concessions have a subscribed contract of mining from the Colombian State of Ingeominas and are registered with the Chamber of Commerce of Bogota.
As indicated earlier, the company’s intentions are to implement an all clean coal technology to the exploitation of the properties.
Companies West Group focuses on green energy or alternative fuel sector. According to the company, most of its investments will be in instruments that provide a contribution to a clean and sustainable environment.