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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, 13 September 11
CAPITAL COSTS OF INDIAN COAL MINING PROJECT - AN ANALYST VIEW
By Mr Dipesh Dipu, Director - Consulting (Mining), Deloitte Touche Tohmatsu India Private Limited
The coal mining sector that has been opened par ...
Tuesday, 13 September 11
INDONESIAS COAL SECTOR EYES 2012 BOOM - JG
The Jakarta Globe, Indonesian English language News paper reported that, Coal production is set to surge next year as coal miners bolster their busi ...
Tuesday, 13 September 11
DRY BULK RALLY MAINTAINS MOMENTUM AT START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum at the start of the week, as the industry’s benchmark, the Baltic Dry Index (BDI) was up by 2.07% ...
Monday, 12 September 11
INDONESIAN GOVERNMENT HAS ALLOCATED MORE COAL FOR 2012
COALspot.com - Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 perc ...
Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...
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- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
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