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Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining Limited (“Aspire”) (ASX: AKM) announced on October 26, 2010. Pursuant to the private placement, SouthGobi has acquired 105,860,186 common shares of Aspire at a price of A$0.19 per share, for an aggregate purchase price of approximately A$ 20.1 million.
After giving effect to the transaction, SouthGobi holds approximately 19.9% of Aspire. SouthGobi will have the right to nominate one director to the Board of Aspire and the right to maintain its proportionate shareholding in Aspire for a period of two years.
The closing price of Aspire on the ASX on December 23 was A$0.485.
Aspire is a ASX listed coal exploration company focused on advancing the Ovoot Coking Coal Project in Mongolia along with the Nurant and Shanagan Coal Projects.
For more details about SouthGobi Resources, please click here.
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Thursday, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...
Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
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- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- The University of Queensland
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- PTC India Limited - India
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Posco Energy - South Korea
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
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