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Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for its proposed plan to transport coal by barge along the Zambezi river, in Mozambique, to that country’s government during the second half of next year.
The company on Monday said that it had completed a series of studies on the Zambezi river to confirm the viability of large-scale barging of coal to an offshore floating transloading vessel, adding that it had found no physical impediments to coal barging on the river.
However, it highlighted that some dredging might be required on some sections of the river.
The implementation of large-scale barging would be dependent on the completion and approval of an EIS and an environmental management plan, the licensing of barging and transloading operations over 560 km between Tete and Chinde and stakeholder and community consultation in the Zambezi river valley.
An EIS had started in August, while stakeholder consultation with communities and government in Tete, Chimoio, Beira and Maputo had been held in September.
The coal-miner planned also to continue with further specialist studies during the current quarter, it said in a statement.
ZAMBEZE PROJECT
Meanwhile, the company also reported that it had completed the first coal resource estimates for its Zambeze project, near Tete, in Mozambique, which would be Riversdale’s second coal project in the Moatize basin.
The project, which is situated adjacent to the miner’s Benga coal project, had an estimated total coal resource of 1,7-billion tons.
“The considerable effort of our team in Mozambique has now delivered another potential tier-one project with similar coal to Benga, yet likely to be a significantly larger scale operation. A second coking coal project of this size positions Riversdale Mining as a preferred supplier to the steel industry in the rapidly developing markets of Brazil and India,” executive chairperson Michael O’Keeffe commented.
The Benga project, which was a joint venture between Riversdale and India’s Tata Steel, was expected to produce about 1,7-million tons a year of hard coking coal and 0,3-million tons a year of export thermal coal when stage-one mine production starts in early 2011.
Riversdale noted that the tenement for the Zambeze project was close to all major required infrastructure, including: power, water, roads, rail, an international airport and direct access to the Zambezi river.
The project could potentially produce export hard coking coal as well as a secondary thermal coal product suitable for the Indian and African markets.
An extensive drilling programme and coal quality and market studies would now be undertaken to determine the feasibility of a large-scale openpit development.
Source: Mining Weekly
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Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...
Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...
Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...
Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...
Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
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- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- The University of Queensland
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- GMR Energy Limited - India
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
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