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Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 million for the company’s Initial Public Offering (IPO) to list on the Australian Securities Exchange (ASX).
The Statement further said that, subject to the receipt of the $15 million investment by Beijing Guoli Energy Investment Co. Ltd as set out in the Prospectus, the company will have exceeded $24 million of confirmed support for the proposed IPO.
Cuesta Coal’s Managing Director and CEO Matt Crawford said: “We are delighted with the strong support we have received from investors both locally and internationally. This confirms our view that Cuesta represents a compelling investment opportunity with a combination of quality coal exploration and development assets in Queensland’s world class coal basins, and a proven and experienced Board and management team.”
For further details visit www.cuestacoal.com.au
About Cuesta Coal
Cuesta Coal Limited (“Cuesta”) was formed in September 2011 to acquire all of the securities on issue in a private Queensland focussed Australian coal exploration company called Blackwood Coal Pty Ltd in preparation for the IPO.
Cuesta has assembled a diverse portfolio of thermal and coking coal exploration prospects within the Bowen, Surat and Galilee basins in Queensland. The Company’s core projects are well situated geographically with over 11,000km2 of exploration ground in total.
Cuesta’s balanced portfolio consists of a pipeline of projects ranging from advanced exploration requiring resource definition drilling, to conceptual lateral opportunities requiring scout drilling. The projects are located in close proximity to current and future planned infrastructure.
Cuesta has an advanced exploration programme underway with exploration commencing in the second quarter of 2011 with in excess of 6,000m of drilling completed at three completed project sites. The company has established operating systems to fully undertake its planned 2012 & 2013 drill programmes and intend to drill 10,000m during 2012 alone.
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Monday, 26 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The Baltic Dry Index follows its upward incline for fourth consecutive week by rising to more than 900 points, up by 37% from the bottom low in the ...
Monday, 26 March 12
GOLDEN MINES FY11 REVENUE JUMPS 209% - INSIDER STORIES
Insider Stories reported that, coal miner PT Golden Energy Mines Tbk (GEMS), that is controlled by Sinar Mas Group, recorded a 209% jump in revenue ...
Saturday, 24 March 12
AUSTRALIA'S MINERAL TAX : BENCHMARK FOR OTHER COUNTRIES - SUNIL K KUMBHAT
COALspot.com - Natural resources rich counties like Australia , Indonesia , South Africa , Brazil etc are going through a spectacular resources boom ...
Saturday, 24 March 12
THE AVERAGE CHARTER RATES WAS AT CAPESIZE $ 4,546 PER DAY VS SUPRAMAX / $ 10,819 PER DAY - VISTAAR
COALspot.com - The BDI crossed 900 points this week closing at 908 points up by 3.89 pct. All other sectors were up except for cape index whic ...
Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...
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- Australian Coal Association
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- PTC India Limited - India
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Parliament of New Zealand
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
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