COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS


Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose 16 percent to 79.2 million tonnes, the country's mining regulator said on Thursday.

The largest production increases were in the Cesar province where Glencore's Prodeco unit, Drummond International, Vale and Goldman Sachs' local affiliate operate.

Colombia's coal industry is dominated by big producers, with their own port and railways, such as Glencore, Drummond and Cerrejon, which is owned equally by BHP Billiton, Anglo American and Xstrata.

The world's No. 4 coal exporter is experiencing a boom in investment into the petroleum and mining sectors thanks to a U.S.-funded security crackdown on illegal armed groups that has made it safer to explore and mine.

Colombia's No. 2 coal exporter Drummond -- an 80-20 joint venture with Japan's Itochu Corp -- saw output at its La Loma and El Descanso mines increase 9.5% to 23 million tonnes last year versus 2010, according to regulator data.

Output at Glencore's Prodeco unit went up 44% to 14.38 million tonnes in 2011 versus 2010, the data showed.

Production in the Guajira state -- where Cerrejon, the country's largest exporter, has four of five licenses to mine -- increased 7% to 33.3 million tonnes in the same period.

The top three producers export almost all their output. The main markets for Colombia's coveted coal are the United States and Europe although exporters have made shipments to Asia depending on the cost of freight.

The regulator did not give a reason for output changes, but all major thermal producers are currently expanding their mines and infrastructure in Latin America's top coal exporter.

Colombia's coal production is expected to reach 97 million tonnes this year, the mining minister has said.

Production at Vale's mines rose 19.4% to 3.57 million tonnes last year while output at Goldman Sachs' Colombian Natural Resources increased 58% to 2.39 million tonnes.

Reuters was first to report that Vale was selling its Colombian coal operations in November.

Goldman Sachs is the front-runner in an auction to buy the Colombian coal assets of Brazil's Vale, attempting to achieve strategic port access, while Glencore waits in the wings and rival traders stay away, industry sources familiar with the matter said.

Coal mines in the past few years have attracted almost frenzied M&A interest, particularly from traders seeking to become vertically integrated and Asian consumers such as India and China, but buyers are becoming more choosy, focusing on large, low-cost mines with big reserves.
Source: Colombia Reports



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported  that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...


Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...


Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...


Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index. The BDI was up by 6.87 pct closing at 824 points ...


Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake. The regulation known as ...


   961 962 963 964 965   
Showing 4811 to 4815 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Barasentosa Lestari - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • bp singapore
  • Indogreen Group - Indonesia
  • Petrosea - Indonesia
  • Adani Power Ltd - India
  • Orica Australia Pty. Ltd.
  • Holcim Trading Pte Ltd - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Cemex - Philippines
  • Edison Trading Spa - Italy
  • Cosco
  • Maersk Broker
  • Samsung - South Korea
  • Siam City Cement PLC, Thailand
  • Jorong Barutama Greston.PT - Indonesia
  • The University of Queensland
  • SRK Consulting
  • JPower - Japan
  • Indonesian Coal Mining Association
  • Rashtriya Ispat Nigam Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Formosa Plastics Group - Taiwan
  • Thai Mozambique Logistica
  • Indian Energy Exchange, India
  • Jatenergy - Australia
  • Bhoruka Overseas - Indonesia
  • Intertek Mineral Services - Indonesia
  • HSBC - Hong Kong
  • Parry Sugars Refinery, India
  • Asia Cement - Taiwan
  • Peabody Energy - USA
  • European Bulk Services B.V. - Netherlands
  • TGV SRAAC LIMITED, India
  • Cargill India Pvt Ltd
  • Power Finance Corporation Ltd., India
  • Thriveni
  • Madhucon Powers Ltd - India
  • BNP Paribas - Singapore
  • Mintek Dendrill Indonesia
  • CCIC - Indonesia
  • Economic Council, Georgia
  • Global Green Power PLC Corporation, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bank of America
  • Dalmia Cement Bharat India
  • Qatrana Cement - Jordan
  • Kaltim Prima Coal - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • London Commodity Brokers - England
  • New Zealand Coal & Carbon
  • Bukit Asam (Persero) Tbk - Indonesia
  • Credit Suisse - India
  • KOWEPO - South Korea
  • Energy Link Ltd, New Zealand
  • Ceylon Electricity Board - Sri Lanka
  • Ministry of Mines - Canada
  • Bharathi Cement Corporation - India
  • TNPL - India
  • McKinsey & Co - India
  • Billiton Holdings Pty Ltd - Australia
  • Adaro Indonesia
  • Surastha Cement
  • Clarksons - UK
  • Semirara Mining Corp, Philippines
  • Toyota Tsusho Corporation, Japan
  • Baramulti Group, Indonesia
  • India Bulls Power Limited - India
  • Sindya Power Generating Company Private Ltd
  • Ernst & Young Pvt. Ltd.
  • Vijayanagar Sugar Pvt Ltd - India
  • Planning Commission, India
  • Deloitte Consulting - India
  • NALCO India
  • Oldendorff Carriers - Singapore
  • Goldman Sachs - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Coaltrans Conferences
  • Rudhra Energy - India
  • Bank of China, Malaysia
  • SUEK AG - Indonesia
  • Electricity Authority, New Zealand
  • Gupta Coal India Ltd
  • NTPC Limited - India
  • Binh Thuan Hamico - Vietnam
  • J M Baxi & Co - India
  • ETA - Dubai
  • Rio Tinto Coal - Australia
  • Independent Power Producers Association of India
  • Kumho Petrochemical, South Korea
  • Coal and Oil Company - UAE
  • White Energy Company Limited
  • ICICI Bank Limited - India
  • Shree Cement - India
  • VISA Power Limited - India
  • Agrawal Coal Company - India
  • Platou - Singapore
  • Global Coal Blending Company Limited - Australia
  • Karbindo Abesyapradhi - Indoneisa
  • PetroVietnam Power Coal Import and Supply Company
  • Bhushan Steel Limited - India
  • World Bank
  • IEA Clean Coal Centre - UK
  • Merrill Lynch Bank
  • Uttam Galva Steels Limited - India
  • Price Waterhouse Coopers - Russia
  • Japan Coal Energy Center
  • Deutsche Bank - India
  • IOL Indonesia
  • GMR Energy Limited - India
  • Australian Commodity Traders Exchange
  • UOB Asia (HK) Ltd
  • The India Cements Ltd
  • Eastern Energy - Thailand
  • SMC Global Power, Philippines
  • Trasteel International SA, Italy
  • Vale Mozambique
  • Attock Cement Pakistan Limited
  • CIMB Investment Bank - Malaysia
  • Coal India Limited
  • Petron Corporation, Philippines
  • Kartika Selabumi Mining - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Argus Media - Singapore
  • Humpuss - Indonesia
  • Freeport Indonesia
  • GVK Power & Infra Limited - India
  • Jaiprakash Power Ventures ltd
  • Alfred C Toepfer International GmbH - Germany
  • IMC Shipping - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Globalindo Alam Lestari - Indonesia
  • Berau Coal - Indonesia
  • Coeclerici Indonesia
  • WorleyParsons
  • PowerSource Philippines DevCo
  • Platts
  • SN Aboitiz Power Inc, Philippines
  • GB Group - China
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indika Energy - Indonesia
  • Inspectorate - India
  • Gujarat Electricity Regulatory Commission - India
  • Ind-Barath Power Infra Limited - India
  • Moodys - Singapore
  • Bangladesh Power Developement Board
  • Miang Besar Coal Terminal - Indonesia
  • Malco - India
  • Indonesia Power. PT
  • Barclays Capital - USA
  • PLN - Indonesia
  • GNFC Limited - India
  • Orica Mining Services - Indonesia
  • Runge Indonesia
  • Permata Bank - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Tamil Nadu electricity Board
  • Inco-Indonesia
  • SGS (Thailand) Limited
  • Electricity Generating Authority of Thailand
  • Indo Tambangraya Megah - Indonesia
  • Ministry of Finance - Indonesia
  • IBC Asia (S) Pte Ltd
  • Singapore Mercantile Exchange
  • Standard Chartered Bank - UAE
  • Simpson Spence & Young - Indonesia
  • Salva Resources Pvt Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Chamber of Mines of South Africa
  • Posco Energy - South Korea
  • Malabar Cements Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Glencore India Pvt. Ltd
  • Pinang Coal Indonesia
  • Thiess Contractors Indonesia
  • Mjunction Services Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • BRS Brokers - Singapore
  • EIA - United States
  • Straits Asia Resources Limited - Singapore
  • Geoservices-GeoAssay Lab
  • Kobe Steel Ltd - Japan
  • PTC India Limited - India
  • Australian Coal Association
  • Thermax Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Medco Energi Mining Internasional
  • Tata Chemicals Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Thomson Reuters GRC
  • LBH Netherlands Bv - Netherlands
  • Bahari Cakrawala Sebuku - Indonesia
  • Vedanta Resources Plc - India
  • Mercuria Energy - Indonesia
  • Noble Europe Ltd - UK
  • EMO - The Netherlands
  • Georgia Ports Authority, United States
  • Leighton Contractors Pty Ltd - Australia
  • Britmindo - Indonesia
  • Anglo American - United Kingdom
  • Asian Development Bank
  • Gresik Semen - Indonesia
  • Ministry of Transport, Egypt
  • Semirara Mining and Power Corporation, Philippines
  • Directorate Of Revenue Intelligence - India
  • Renaissance Capital - South Africa
  • Sojitz Corporation - Japan
  • Mitsui
  • TANGEDCO India
  • Pendopo Energi Batubara - Indonesia
  • Star Paper Mills Limited - India
  • Panama Canal Authority
  • Thailand Anthracite
  • Sakthi Sugars Limited - India
  • OCBC - Singapore
  • Ince & co LLP
  • Xindia Steels Limited - India
  • IHS Mccloskey Coal Group - USA
  • Cardiff University - UK
  • Reliance Power - India
  • Mercator Lines Limited - India
  • Enel Italy
  • Iligan Light & Power Inc, Philippines
  • The Treasury - Australian Government
  • Arutmin Indonesia
  • Marubeni Corporation - India
  • Total Coal South Africa
  • Directorate General of MIneral and Coal - Indonesia
  • Cebu Energy, Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Lanco Infratech Ltd - India
  • Savvy Resources Ltd - HongKong
  • Manunggal Multi Energi - Indonesia
  • Port Waratah Coal Services - Australia
  • MEC Coal - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mitsubishi Corporation
  • Neyveli Lignite Corporation Ltd, - India
  • Karaikal Port Pvt Ltd - India
  • Energy Development Corp, Philippines
  • Mechel - Russia
  • TRAFIGURA, South Korea
  • KPCL - India
  • Romanian Commodities Exchange
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Meralco Power Generation, Philippines
  • Therma Luzon, Inc, Philippines
  • Parliament of New Zealand
  • Larsen & Toubro Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Bulk Trading Sa - Switzerland
  • Global Business Power Corporation, Philippines
  • Bhatia International Limited - India
  • Banpu Public Company Limited - Thailand
  • MS Steel International - UAE
  • Coal Orbis AG
  • Pipit Mutiara Jaya. PT, Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Heidelberg Cement - Germany
  • Sucofindo - Indonesia
  • San Jose City I Power Corp, Philippines
  • Jindal Steel & Power Ltd - India
  • PetroVietnam
  • Wilmar Investment Holdings
  • Videocon Industries ltd - India
  • Bangkok Bank PCL
  • GHCL Limited - India
  • Russian Coal LLC
  • Borneo Indobara - Indonesia
  • Africa Commodities Group - South Africa
  • U S Energy Resources
  • UBS Singapore
  • Infraline Energy - India
  • APGENCO India
  • Central Java Power - Indonesia
  • SMG Consultants - Indonesia
  • Latin American Coal - Colombia
  • Commonwealth Bank - Australia
  • Merrill Lynch Commodities Europe
  • Indorama - Singapore
  • Indian School of Mines
  • Central Electricity Authority - India
  • globalCOAL - UK
  • Samtan Co., Ltd - South Korea
  • Minerals Council of Australia
  • Maheswari Brothers Coal Limited - India
  • Kideco Jaya Agung - Indonesia
  • Grasim Industreis Ltd - India
  • Lafarge - France
  • Eastern Coal Council - USA
  • Timah Investasi Mineral - Indoneisa
  • Sical Logistics Limited - India
  • Carbofer General Trading SA - India
  • Shenhua Group - China
  • Indian Oil Corporation Limited
  • The State Trading Corporation of India Ltd
  • Bukit Makmur.PT - Indonesia
  • Cement Manufacturers Association - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Aditya Birla Group - India
  • JPMorgan - India
  • Idemitsu - Japan
  • Kobexindo Tractors - Indoneisa
  • Bayan Resources Tbk. - Indonesia
  • Mitra SK Pvt Ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • Vitol - Bahrain
  • RBS Sempra - UK
  • Maybank - Singapore
  • CESC Limited - India
  • ING Bank NV - Singapore
  • Sree Jayajothi Cements Limited - India
  • ASAPP Information Group - India
  • Fearnleys - India
  • CoalTek, United States
  • KEPCO - South Korea
  • Altura Mining Limited, Indonesia
  • KPMG - USA
  • Metalloyd Limited - United Kingdom
  • Core Mineral Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Coalindo Energy - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Interocean Group of Companies - India
  • McConnell Dowell - Australia
  • PLN Batubara - Indonesia
  • South Luzon Thermal Energy Corporation
  • DBS Bank - Singapore
  • Siam City Cement - Thailand
  • Antam Resourcindo - Indonesia
  • Tanito Harum - Indonesia
  • Xstrata Coal
  • Gujarat Sidhee Cement - India
  • Ambuja Cements Ltd - India
  • TeaM Sual Corporation - Philippines
  • ANZ Bank - Australia
  • Essar Steel Hazira Ltd - India
  • Tata Power - India
  • Vizag Seaport Private Limited - India
  • CNBM International Corporation - China
  • Arch Coal - USA
  • Sarangani Energy Corporation, Philippines
  • Maruti Cements - India
  • Maharashtra Electricity Regulatory Commission - India
  • SASOL - South Africa
  • PNOC Exploration Corporation - Philippines
  • Riau Bara Harum - Indonesia
  • Makarim & Taira - Indonesia
  • Wood Mackenzie - Singapore
  • ACC Limited - India
  • World Coal - UK
  • Coastal Gujarat Power Limited - India