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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
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Monday, 05 March 12
SOUTHGOBI ANNOUNCES AGREEMENT TO SELL ITS THERMAL COAL TSAGAAN TOLGOI DEPOSIT FOR US$ 30 MILLION
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Re ...
Monday, 05 March 12
SOME RESOURCE TITANS NOT THRILLED WITH INDONESIAN EXPORT BAN - THE JAKARTA GLOBE
The Jakarta Globe reported that, local representatives of major business associations in East Kalimantan have protested a government regulation that ...
Monday, 05 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
An air of optimism poured in the market this week for dry bulk shippers with the Baltic Dry Index recording daily gains during the end of February b ...
Sunday, 04 March 12
SE ASIA WAS FIRM FOR TRIPS TO INDIA AND CHINA - VISTAAR
COALspot.com - This week saw another upward trend with all indices up and generally market was firm.
The BDI was up by 7.38 pct closing at 771 po ...
Friday, 02 March 12
DJMBP HAS ANNOUNCED SECOND BATCH OF CLEAR N CLEAN CERTIFIED MINERS
COALspot.com - The Directorate general of mineral & coal of Indonesia has announced second batch of companies who have passed IUP Clear and Clea ...
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Showing 4826 to 4830 news of total 6871 |
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- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
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