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Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South East Power Co Ltd (KOSEP) bought 1.06 million tonnes of coal for delivery between next month and February 2010 from six sellers via a tender closed on Sept. 8, a source close to the deal said on Wednesday.
KOSEP made the purchase of Indonesian and Australian origin at $63-$65 per tonne on a free-on-board (FOB) basis for 6,080 kcal/kg (NG) and $56-$58 per tonne on a FOB basis for 4,900-5,350 kcal/kg (NG). Details of the six sellers were not available.
For the purchased tender, initially about five million tonnes were offered by 24 proposals for Indonesia, Australia and South Africa origins, the source said.
KOSEP did not buy an additional 60,000 tonnes because it received no bids, the source added.
Source: Reuters
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Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...
Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry th ...
Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...
Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...
Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore): Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...
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