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Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million) bid for its stake in Siyanda Coal Ltd., a transaction that would end the need to raise cash in a rights offer.
The stock added as much as 66 cents, or 23 percent, to 3.51 rand, and traded at 3.38 rand as of 11:46 a.m. in Johannesburg. Sentula’s board accepted a conditional offer from a Noble Group Ltd. venture for its 49.9 percent stake in the Koornfontein coal mine operated by Siyanda, the company said in a stock exchange statement today.
Sentula needs to pay 400 million rand to its funders by Nov. 30 or “incur significant penalties on its existing debt,” it said. The sale depends on how fast the buyers complete a due diligence study of the mine, Sentula said.
“Significant progress” has been made regarding the company’s proposed 500 million-rand rights offer, it said. The rights offer may be abandoned if Koornfontein can be sold in time.
Sentula has until Oct. 30 to scrap the share sale. The disposal of the mine is the company’s preferred means of recapitalization, it said.
Source: Paguntaka
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Thursday, 12 November 09
GANGAVARAM PORT SETS RECORD BY DISCHARGING 80,514 TONNE OF COAL CARGO
Gangavaram Port, the deepest port in the country with water depth of 20 meters, has achieved an unprecedented milestone by discharging 80,514 metric ...
Thursday, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity pr ...
Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...
Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...
Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal
* Total exports to China in 2010 seen to exceed 20 million T
* Chinese, Indian demand may ...
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- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- The University of Queensland
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- White Energy Company Limited
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
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