COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT


Steady Cash Flow Will Fund Production Ramp Up

Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a producer of high quality bituminous coal and Anthracite from mines in the Klipriver coalfield, near Dundee, in the KwaZulu Natal province of South Africa has signed a three year offtake agreement for 1.75 million tonnes (total) with Vitol S.A. ("Vitol"), a leading energy trading company, according to Forbescoal website.

Vitol will be purchasing thermal coal from the Slater Coal properties at market prices.

Forbes Coal's website further said, cash flow from this offtake agreement will fund the continued ramping up of production at its two operating mines – Magdalena and Aviemore. The agreement is initially for three years and will support the previously announced production expansion plans.

Forbes Coal intends to transport the coal to the Navitrade Coal Terminal in Richards Bay using its increased rail transport and capacity with Transnet Freight Rail and Grindrod Terminals. Grindrod Terminals provides certain logistical, handling and stockpiling services to shippers in connection with the shipment of bulk cargoes. As per the press release of December 7, 2010, Grindrod Terminals shall provide Forbes Coal with export coal capacity in the Terminal of 600,000 metric tonnes in 2011, 720,000 metric tonnes in 2012 and 960,000 metric tonnes in 2013.

"This milestone for Forbes Coal will support our planned expansion into the coal export market. We have seen a steady increase in export prices over the past 12 months, driven by an increase in demand from India. Together with our increased export capacity at Richard's Bay, the Company is on track to establish itself as a mid-tier Southern African coal company." said Stephan Theron, President and Chief Executive Officer of Forbes Coal.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 10 October 12
TAPPING OPPORTUNITIES WITHIN GLOBAL ECONOMIC PERSPECTIVE
Press Release: Mining sector will continue to play a significant role in supporting industrial and economic development in Indonesia which is curren ...


Tuesday, 09 October 12
REALM RESOURCES RECOMMENCES DRILLING AT KATINGAN RIA COAL PROJECT
COALspot.com : Realm Resources Ltd. (ASX) has announced that it has commenced work on the phase three technical programme at its Katingan Project in ...


Sunday, 07 October 12
INDONESIAN GOVERNMENT DECLARED HBA FELL AGAIN IN OCTOBER
COALspot.com -  The Indonesian government’s declared coal reference price has lost US$ 0.17 per MT  M-M. The monthly coal referen ...


Saturday, 06 October 12
CFR SOUTH CHINA COAL SWAPS FOR DECEMBER'13 DELIVERY GAINED 1.3 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery gained 0.098 percent and 0.164 percent W-W and D-D respectively o ...


Saturday, 06 October 12
FREIGHT MARKET IS LIKELY TO PICK AFTER THE HOLIDAYS IN CHINA - VISTAAR
COALspot.com - The freight market appeared to be seeing some increase BDI up by 14.23 pct closing at 875 points. The Cape and Panamax index also saw ...


   908 909 910 911 912   
Showing 4546 to 4550 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • GMR Energy Limited - India
  • Bank of America
  • Pendopo Energi Batubara - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Kobexindo Tractors - Indoneisa
  • McConnell Dowell - Australia
  • Eastern Coal Council - USA
  • Gupta Coal India Ltd
  • Panama Canal Authority
  • India Bulls Power Limited - India
  • Salva Resources Pvt Ltd - India
  • Coalindo Energy - Indonesia
  • Malabar Cements Ltd - India
  • TNPL - India
  • Global Business Power Corporation, Philippines
  • Bhatia International Limited - India
  • Siam City Cement PLC, Thailand
  • KPMG - USA
  • Freeport Indonesia
  • PetroVietnam
  • Banpu Public Company Limited - Thailand
  • Clarksons - UK
  • GVK Power & Infra Limited - India
  • Sical Logistics Limited - India
  • Global Coal Blending Company Limited - Australia
  • Tanito Harum - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Coal Orbis AG
  • Sojitz Corporation - Japan
  • Central Java Power - Indonesia
  • Cardiff University - UK
  • Billiton Holdings Pty Ltd - Australia
  • BNP Paribas - Singapore
  • Riau Bara Harum - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Arch Coal - USA
  • SRK Consulting
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Thiess Contractors Indonesia
  • Sucofindo - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Vedanta Resources Plc - India
  • Savvy Resources Ltd - HongKong
  • Platou - Singapore
  • TeaM Sual Corporation - Philippines
  • Coastal Gujarat Power Limited - India
  • Maruti Cements - India
  • ING Bank NV - Singapore
  • Carbofer General Trading SA - India
  • Berau Coal - Indonesia
  • Argus Media - Singapore
  • Ministry of Mines - Canada
  • Kaltim Prima Coal - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Maheswari Brothers Coal Limited - India
  • CoalTek, United States
  • Borneo Indobara - Indonesia
  • Bangladesh Power Developement Board
  • Kideco Jaya Agung - Indonesia
  • CIMB Investment Bank - Malaysia
  • Siam City Cement - Thailand
  • Tamil Nadu electricity Board
  • Adaro Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Kumho Petrochemical, South Korea
  • Mjunction Services Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • McKinsey & Co - India
  • ICICI Bank Limited - India
  • IMC Shipping - Singapore
  • Rudhra Energy - India
  • Infraline Energy - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • APGENCO India
  • South Luzon Thermal Energy Corporation
  • IBC Asia (S) Pte Ltd
  • Alfred C Toepfer International GmbH - Germany
  • Manunggal Multi Energi - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Thermax Limited - India
  • Credit Suisse - India
  • Parliament of New Zealand
  • The India Cements Ltd
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Qatrana Cement - Jordan
  • Surastha Cement
  • Asia Cement - Taiwan
  • Independent Power Producers Association of India
  • Meralco Power Generation, Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • UBS Singapore
  • EIA - United States
  • Peabody Energy - USA
  • KOWEPO - South Korea
  • Chamber of Mines of South Africa
  • Asmin Koalindo Tuhup - Indonesia
  • Formosa Plastics Group - Taiwan
  • Orica Mining Services - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Total Coal South Africa
  • Altura Mining Limited, Indonesia
  • U S Energy Resources
  • International Coal Ventures Pvt Ltd - India
  • Minerals Council of Australia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • The University of Queensland
  • Medco Energi Mining Internasional
  • Sarangani Energy Corporation, Philippines
  • Oldendorff Carriers - Singapore
  • bp singapore
  • Aditya Birla Group - India
  • Krishnapatnam Port Company Ltd. - India
  • Bharathi Cement Corporation - India
  • Idemitsu - Japan
  • OPG Power Generation Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • Humpuss - Indonesia
  • Fearnleys - India
  • Sakthi Sugars Limited - India
  • JPMorgan - India
  • Posco Energy - South Korea
  • Intertek Mineral Services - Indonesia
  • Britmindo - Indonesia
  • Thriveni
  • Georgia Ports Authority, United States
  • Enel Italy
  • Australian Commodity Traders Exchange
  • RBS Sempra - UK
  • Australian Coal Association
  • Commonwealth Bank - Australia
  • Gujarat Sidhee Cement - India
  • Inco-Indonesia
  • Mercuria Energy - Indonesia
  • Trasteel International SA, Italy
  • Petrochimia International Co. Ltd.- Taiwan
  • PowerSource Philippines DevCo
  • Interocean Group of Companies - India
  • Shenhua Group - China
  • Indorama - Singapore
  • Therma Luzon, Inc, Philippines
  • Lafarge - France
  • Timah Investasi Mineral - Indoneisa
  • GAC Shipping (India) Pvt Ltd
  • Coal and Oil Company - UAE
  • Ambuja Cements Ltd - India
  • Bhushan Steel Limited - India
  • Xindia Steels Limited - India
  • Asian Development Bank
  • Chettinad Cement Corporation Ltd - India
  • Gresik Semen - Indonesia
  • EMO - The Netherlands
  • Bahari Cakrawala Sebuku - Indonesia
  • PLN - Indonesia
  • Deloitte Consulting - India
  • White Energy Company Limited
  • Permata Bank - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Ministry of Transport, Egypt
  • Attock Cement Pakistan Limited
  • ANZ Bank - Australia
  • Cosco
  • Indika Energy - Indonesia
  • Maersk Broker
  • SMC Global Power, Philippines
  • NTPC Limited - India
  • SMG Consultants - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Mercator Lines Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Mitra SK Pvt Ltd - India
  • Dalmia Cement Bharat India
  • Pinang Coal Indonesia
  • Kobe Steel Ltd - Japan
  • Power Finance Corporation Ltd., India
  • Merrill Lynch Commodities Europe
  • Baramulti Group, Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • UOB Asia (HK) Ltd
  • GHCL Limited - India
  • Vitol - Bahrain
  • Thomson Reuters GRC
  • WorleyParsons
  • Rio Tinto Coal - Australia
  • Core Mineral Indonesia
  • Marubeni Corporation - India
  • Makarim & Taira - Indonesia
  • Petrosea - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • AsiaOL BioFuels Corp., Philippines
  • Ministry of Finance - Indonesia
  • Bangkok Bank PCL
  • The Treasury - Australian Government
  • Eastern Energy - Thailand
  • Antam Resourcindo - Indonesia
  • Runge Indonesia
  • Bank of China, Malaysia
  • Edison Trading Spa - Italy
  • Barclays Capital - USA
  • European Bulk Services B.V. - Netherlands
  • Iligan Light & Power Inc, Philippines
  • CCIC - Indonesia
  • Jaiprakash Power Ventures ltd
  • Gujarat Electricity Regulatory Commission - India
  • Bukit Makmur.PT - Indonesia
  • Russian Coal LLC
  • globalCOAL - UK
  • SN Aboitiz Power Inc, Philippines
  • Uttam Galva Steels Limited - India
  • Samsung - South Korea
  • Geoservices-GeoAssay Lab
  • Sindya Power Generating Company Private Ltd
  • KEPCO - South Korea
  • Shree Cement - India
  • VISA Power Limited - India
  • Maybank - Singapore
  • Renaissance Capital - South Africa
  • Orica Australia Pty. Ltd.
  • TNB Fuel Sdn Bhd - Malaysia
  • Kapuas Tunggal Persada - Indonesia
  • ACC Limited - India
  • Anglo American - United Kingdom
  • Arutmin Indonesia
  • Cargill India Pvt Ltd
  • Electricity Generating Authority of Thailand
  • BRS Brokers - Singapore
  • Tata Power - India
  • Malco - India
  • MEC Coal - Indonesia
  • World Coal - UK
  • GN Power Mariveles Coal Plant, Philippines
  • Romanian Commodities Exchange
  • Petron Corporation, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • San Jose City I Power Corp, Philippines
  • London Commodity Brokers - England
  • Mitsui
  • Price Waterhouse Coopers - Russia
  • Parry Sugars Refinery, India
  • Semirara Mining Corp, Philippines
  • Reliance Power - India
  • The State Trading Corporation of India Ltd
  • Vizag Seaport Private Limited - India
  • Bulk Trading Sa - Switzerland
  • CNBM International Corporation - China
  • Economic Council, Georgia
  • Jindal Steel & Power Ltd - India
  • Electricity Authority, New Zealand
  • Simpson Spence & Young - Indonesia
  • Karaikal Port Pvt Ltd - India
  • OCBC - Singapore
  • Planning Commission, India
  • Jatenergy - Australia
  • Ince & co LLP
  • SASOL - South Africa
  • Mintek Dendrill Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Coeclerici Indonesia
  • Indogreen Group - Indonesia
  • Vale Mozambique
  • DBS Bank - Singapore
  • Platts
  • IOL Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Ind-Barath Power Infra Limited - India
  • NALCO India
  • HSBC - Hong Kong
  • Star Paper Mills Limited - India
  • GNFC Limited - India
  • World Bank
  • Moodys - Singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Thai Mozambique Logistica
  • Bukit Baiduri Energy - Indonesia
  • Videocon Industries ltd - India
  • Indian Oil Corporation Limited
  • TGV SRAAC LIMITED, India
  • Cemex - Philippines
  • Larsen & Toubro Limited - India
  • GB Group - China
  • IEA Clean Coal Centre - UK
  • PNOC Exploration Corporation - Philippines
  • Indonesian Coal Mining Association
  • J M Baxi & Co - India
  • Energy Development Corp, Philippines
  • Tata Chemicals Ltd - India
  • Port Waratah Coal Services - Australia
  • Bayan Resources Tbk. - Indonesia
  • Noble Europe Ltd - UK
  • Inspectorate - India
  • Neyveli Lignite Corporation Ltd, - India
  • Heidelberg Cement - Germany
  • Japan Coal Energy Center
  • ETA - Dubai
  • Coal India Limited
  • Directorate General of MIneral and Coal - Indonesia
  • Agrawal Coal Company - India
  • Wood Mackenzie - Singapore
  • Energy Link Ltd, New Zealand
  • Indonesia Power. PT
  • Indian School of Mines
  • Central Electricity Authority - India
  • Goldman Sachs - Singapore
  • Deutsche Bank - India
  • TANGEDCO India
  • Adani Power Ltd - India
  • Indian Energy Exchange, India
  • SUEK AG - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Madhucon Powers Ltd - India
  • Xstrata Coal
  • Straits Asia Resources Limited - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Wilmar Investment Holdings
  • Binh Thuan Hamico - Vietnam
  • MS Steel International - UAE
  • Glencore India Pvt. Ltd
  • New Zealand Coal & Carbon
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Samtan Co., Ltd - South Korea
  • PLN Batubara - Indonesia
  • Singapore Mercantile Exchange
  • TRAFIGURA, South Korea
  • Latin American Coal - Colombia
  • CESC Limited - India
  • Meenaskhi Energy Private Limited - India
  • Cement Manufacturers Association - India
  • Sinarmas Energy and Mining - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Metalloyd Limited - United Kingdom
  • Cebu Energy, Philippines
  • Coaltrans Conferences
  • JPower - Japan
  • Mechel - Russia
  • Africa Commodities Group - South Africa
  • PTC India Limited - India
  • Grasim Industreis Ltd - India
  • Thailand Anthracite
  • SGS (Thailand) Limited
  • KPCL - India
  • Merrill Lynch Bank
  • Essar Steel Hazira Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Toyota Tsusho Corporation, Japan
  • Lanco Infratech Ltd - India
  • ASAPP Information Group - India
  • Standard Chartered Bank - UAE
  • Barasentosa Lestari - Indonesia
  • Mitsubishi Corporation