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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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Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012.
Director of the Jakarta Futures Exchange (BBJ) S ...
Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...
Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...
Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT ...
Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at U ...
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- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
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- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
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- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
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- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
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- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
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- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
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- White Energy Company Limited
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
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- Sarangani Energy Corporation, Philippines
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- Sakthi Sugars Limited - India
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- GAC Shipping (India) Pvt Ltd
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- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
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- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
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- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Planning Commission, India
- Ambuja Cements Ltd - India
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- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- The University of Queensland
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
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