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Friday, 26 June 09
SOUTH AFRICA'S CONSULTING GROUP OPENS OFFICES IN CHINA, INDONESIA
 Consulting engineering company SRK Consulting has opened new offices in Asia to cope with the growing demand for its services in the region.
The company says that increasing opportunities in China have “convinced it” to open a second office in Nanchang, in Jiangxi province, to complement the company’s existing Beijing branch, which was opened in 2005.
SRK China MD Dr Yonglian Sun reports that SRK has identified a need to extend its capabilities within the mine design and opera- tions areas to meet the demand for services requested by Chinese entities.
“Jiangxi is a major mining province and has one of China’s three best mining design institutes, the Nanchang Engineering and Research Institute of Nonferrous Metals,” Sun says. “SRK’s intention is to develop close coopera- tion with the design institutes for projects that need to be signed off by certified Chinese institutes.”
The Beijing office, which has grown to more than 30 staff members, will continue to provide geological, engineering and environmental consulting services to the mining industry throughout China.
Sun reports that, despite the new office’s infancy, it has been busy. “The company has signed several projects since April 1, and it is expected that the business will increase quickly. There is a large presence of Chinese State-owned companies in overseas markets and SRK has noticed an increasing trend for SRK China to provide services in the due diligence, feasibility study and mine design areas for these companies.”
SRK has also opened an office in Indonesia.
The new office in Jakarta is aimed at cement- ing a stronger foothold on the expanding Indonesian mining market.
The office expands existing ties to the region, established through a number of significant projects that SRK has worked on over many years. According to SRK’s Indonesia manager, Budi Santoso, the new team based in Jakarta will enhance the range of services provided. “Previously, SRK was able to manage services from other global and regional offices. However, a much wider market can be accessed from an Indonesian office, where services such as exploration can be included in the broader service offering.”
He adds that a more stable political and regulatory environment in Indonesia is giving companies looking to explore in the country greater confidence.
“The Indonesian government has promul- gated a new mining law which will bring certainty to the mining business. The law has been anticipated for ten years and plans are still being made regarding its implementation,” Santoso says.
He reports that the mining business community has increased confidence that the expected implementation of the legislation will be finalised this year. The government also still honours the ongoing permits and contracts until they expire.
Some six consultants and four staff members are expected to work from the Indonesian office initially, with management support coming from SRK’s Australian practice. The main aims for the first year, according to Santoso, will be to raise awareness of the new Jakarta office and to bed down current business opportunities.
He expects business to come from exploration and Joint Ore Reserves Committee-compliant report preparation, mining services, and merger-and-acquisition due diligence work.
Santoso says the Indonesian office has made a promising start.
“The office has secured two major exploration projects, one for coal and one for grassroots base and precious metals properties for local Jakarta clients, and is continuing to work with Indonesian clients previously secured from our Brisbane office in Australia.”
Source: Mining weekly (http://www.miningweekly.com/article/consulting-company-opens-second-chinese-office-2009-06-26)
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Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...
Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness an ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
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- Binh Thuan Hamico - Vietnam
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- Australian Commodity Traders Exchange
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- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
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- Ministry of Mines - Canada
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- Bharathi Cement Corporation - India
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- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
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- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
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- India Bulls Power Limited - India
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- Rio Tinto Coal - Australia
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- Coal and Oil Company - UAE
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- Chamber of Mines of South Africa
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- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
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- Parry Sugars Refinery, India
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- Minerals Council of Australia
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- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
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- Sindya Power Generating Company Private Ltd
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- Ministry of Transport, Egypt
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- Siam City Cement PLC, Thailand
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