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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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Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the fla ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless  ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
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- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
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