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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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Thursday, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...
Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...
Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...
Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...
Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011.
China was a largest importer of Indonesi ...
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- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Australian Coal Association
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- White Energy Company Limited
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
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