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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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Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
Saturday, 31 October 09
FLSMIDTH WINS MAJOR INDIAN COAL HANDLING PROJECT
Top global supplier of minerals processing and materials handling equipment, FL smidth, has won another important coal handling contract in India
...
Saturday, 31 October 09
INDIA OPENING POWER SECTOR TO PRIVATE INVESTMENT, COAL STILL THE FUEL OF CHOICE
Energy Tribune reported that, With coal-fired power plants as the primary source, India’s electricity generation sector space has been dominat ...
Friday, 30 October 09
MINERS TOLD TO SPEND ON LOCAL SERVICE FIRMS
The energy and mineral resources ministry has issued a ministerial regulation ordering mining firms to prioritize hiring domestic service companies ...
Friday, 30 October 09
TATA POWER MAY BUY COAL FROM RIVERSDALE'S MOZAMBIQUE MINES
Bloomberg reported that, Tata Power Ltd., India’s biggest electricity generator outside state control, may buy coal from a mine in Mozambique ...
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- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Anglo American - United Kingdom
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- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- The University of Queensland
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
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- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
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- Electricity Authority, New Zealand
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- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
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- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
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