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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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Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
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- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Australian Coal Association
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- PTC India Limited - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
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