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Thursday, 20 October 11
BRACKEN INTERNATIONAL MINING LISTS ON FRANKFURT STOCK EXCHANGE
Press Release - Bracken International Mining (Code:1BM) listed on the Deutsche Börse’s Frankfurt Stock Exchange today at €1.00 with an opening market capitilisation of €500 million.
Executive Chairman Luke Bracken says now the company has successfully listed it will be able to move assertively into a multi-billion dollar mining business on a global scale.
“We have secured the operating mining licenses for six high-grade Manganese mines in Indonesia, with combined reserves in excess of 300 million tons,” Mr. Bracken says.
“Government licenses have been secured to enable construction of the first smelter close to the mines and a new source of electricity is due to be commissioned in October of this year within a few kilometers of the proposed smelter site at Kupang.
“The mines have been producing ore in a limited capacity since early 2010, with trial exports of Manganese shipped to customers in China, however the retooling of new plant and equipment in the coming months will allow the company to increase export capacity to meet contract requirements above 50,000 MT per month.”
The new benefaction plant will have a total production capacity of 240,000 MT per month.
BIM currently has a signed contract through its New York trading partners to deliver 10,000 MT per month into China for an agreed five year period, with expressions of interest from a further six companies from India and China.
Manganese is the fourth most used metal in terms of tonnage, being ranked behind iron, aluminum and copper, and is an extremely valuable commodity with world demand depending directly on the needs of the steel industry.
Mr. Bracken says BIM’s listing on the Frankfurt Stock Exchange will provide the company with exposure into a larger international capital market, which will help facilitate desired growth.
“We plan to grow the company to become more than just a junior miner and develop our markets throughout Asia, the Americas and Europe,” Mr. Bracken says.
“BIM has a number of thermal coal licenses in Australia and Indonesia under review that we are in the negotiation process of acquiring.
"The company is also negotiating an interest in gold in the USA and we expect to make progress in this area during the year.”
For more information, please visit www.brackenmining.com.au
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Tuesday, 01 November 11
ATLAS RESOURCES SETS IPO AT RP1,500 - INSIDER STORIES
Insider Stories reported that, coal miner PT Atlas Resources Tbk has set its initial public offering (IPO) at Rp1,500 (approximately US$ 0.169) per ...
Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...
Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...
Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...
Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct&nbs ...
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- New Zealand Coal & Carbon
- The University of Queensland
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Australian Coal Association
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Planning Commission, India
- MS Steel International - UAE
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
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