Drummond Company, Inc. Announces Termination of Sale Process

November 6, 2018                                                                             

BIRMINGHAM, ALABAMA – – – On November 1, 2017, Drummond Company, Inc. engaged Goldman Sachs as a financial advisor in connection with a possible sale of all or a portion of the Company’s interest in the Colombian coal mining operations and related transportation assets of Drummond International, LLC.  

Drummond Company, Inc. today announced that it has terminated the sale process of its Colombian coal assets and Drummond’s coal operations in Colombia will continue to operate as usual.