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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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Sunday, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The market continued to move up with all sectors gaining except for handy size.
The BDI was up by 3.26 pct and closed at 1895 poin ...
Friday, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...
Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories.
Insi ...
Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy
The Atlantic Supramax market experienced a steady and firm tendency this week. Especially the North Atlantic and Mediterranean position ...
Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...
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- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- The University of Queensland
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
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