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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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Wednesday, 14 March 12
GLOBAL THERMAL TRADE FLOW CHANGES WILL ENSURE SECURITY OF THERMAL COAL SUPPLY, ALBEIT AT A HIGH PRICE - WOOD MACKENZIE
Wood Mackenzie Says Global Thermal Trade Flow Changes Will Ensure Security of Thermal Coal Supply, Albeit At a High Price Seaborne thermal demand by ...
Wednesday, 14 March 12
COKAL TAKES ANOTHER STEP IN DEVELOPING INFRASTRUCTURE TO FACILITATE METALLURGICAL COAL PRODUCTION
Global coal group, Cokal Limited (ASX-CKA), has signed Memorandums of Understanding (MoU’s) to develop two river ports and two small scale coa ...
Tuesday, 13 March 12
CLARIFICATION OF GR 24 OF 2012 REQUIRING DIVESTMENT OF FOREIGN OWNERSHIP OVER TIME
ASX Announcement
Global metallurgical coal group, Cokal Limited (ASX-CKA), is responding to the recent announcement of the Indonesian Ministry of ...
Tuesday, 13 March 12
EUROPEAN COAL CONTANGO: FURTHER STEEPNESS REQUIRED TO MAKE LARGE SCALE PHYSICAL TIME SPREAD ARBITRAGE MORE ATTRACTIVE - MISWIN MAHESH, BARCLAYS CAPITAL
COALspot.com - "With the contango between the Y+1 and M+1 ARA delivered contract now averaging above the $14/t level, there is an increasing in ...
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 ...
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- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- The University of Queensland
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Australian Coal Association
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
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