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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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Thursday, 12 March 09
ANALYSIS-FIRST NEW JAPAN COAL DEAL MAY NOT SET BENCHMARK - FOREXPROS.COM
* Informal coal-deal practice may come to an end this year
* Buyers expected to ask for a discount
* Biggest losers may be Chinese coal suppli ...
Thursday, 12 March 09
DEPARTMENT RECEIVES REPORT FROM GEOLOGICAL BODY AND NEDO - ESDM
The Geological Body of the Department of Energy and Mineral Resources have presented their Joint Study on Evaluation of Coal Resources and Reserves ...
Wednesday, 11 March 09
TENAGA SHARES CLIMB AS LOWER COAL PRICES CUT COSTS - BLOOMBERG
Bloomberg reported that, Tenaga Nasional Bhd., Malaysia’s state-controlled utility, climbed the most in a month in Kuala Lumpur trading as coal ...
Wednesday, 11 March 09
POSCO WINS 63% CUT IN PULVERIZED COAL PRICES, MACQUARIE SAYS - BLOOMBERG
Bloomberg reported that, Posco, Asia’s third-biggest steelmaker, has settled the first pulverized coal contracts for 2009 at $90 a metric ton ...
Wednesday, 11 March 09
COAL EXPORTERS FEEL THE CHILL FROM ASIAN DOWNTURN -BUSINESS.SMH.COM
Business.smh.com reproted that, The demand for thermal coal - NSW's most valuable export - has begun to reduce dramatically in response to the need ...
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- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Australian Coal Association
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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