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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, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...
Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
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- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
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