COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010


* First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track


Reuters reported that, Coal of Africa (CoAL) said on Monday it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a license as expected this quarter.

The company had earlier predicted for the license to be granted within the third quarter.

Vele will initially produce up to 1 million tonnes of coal per year, to be ramped up to 5 million tonnes, and supply steel maker ArcelorMittal SA and exports.

"The Company expects the granting of a New Order Mining Right for its Vele coking coal project before the end of 2009 and production is expected to follow within four months of receiving the required legislative approval," Managing Director Simon Farrell said in a statement.

CoAL said it has railed and sold first coal from its Mooiplaats thermal coal project also in South Africa, with production in September reaching 30,000 tonnes of run of mine.

The miner has said it expects Mooiplaats to reach an annual run of mine production of 1.7 million tonnes by 2010, ramping up to 3.2 million tonnes by 2014.

Coal from Mooiplaats is expected to be railed to the Matola Terminal in Maputo, Mozambique, from where shipping is expected to commence by the end of this year.

CoAL said it had signed an off-take agreement with Traxys, a global mineral marketing company, for 35 percent of the export quality thermal coal from Mooiplaats.

The company said it has agreed the terms for a further 35-percent offtake with another global trader, with an agreement seen by end of 2009. CoAL is in talks with logistics group Transnet to increase its rail allocation on the lines to the Matola terminal via a public-private partnership (PPP) deal.

The company's export allocation at the port stands at 1 million tonnes per annum, to be expanded to 3 million tonnes by late 2010 and with the potential to reach 13 million tonnes following an expansion of the export terminal.

"I am optimistic that the railways PPP initiative will ensure that the Company will be able to deliver significant tonnage of coal to the international and domestic markets," Farrell said.

Shares in CoAL were trading up 0.28 percent at 14.50 rand by 0744 GMT, roughly in line with the JSE Top-40 blue-chip index
Source:Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...


Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...


Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...


Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...


Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply. ME ...


   1258 1259 1260 1261 1262   
Showing 6296 to 6300 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Coal India Limited
  • Berau Coal - Indonesia
  • Glencore India Pvt. Ltd
  • TNPL - India
  • Thomson Reuters GRC
  • Attock Cement Pakistan Limited
  • Tata Power - India
  • Iligan Light & Power Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Bank of China, Malaysia
  • Metalloyd Limited - United Kingdom
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Jatenergy - Australia
  • Vijayanagar Sugar Pvt Ltd - India
  • HSBC - Hong Kong
  • Pipit Mutiara Jaya. PT, Indonesia
  • GNFC Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Mercator Lines Limited - India
  • Rio Tinto Coal - Australia
  • globalCOAL - UK
  • Siam City Cement - Thailand
  • Malco - India
  • Xstrata Coal
  • Star Paper Mills Limited - India
  • SMG Consultants - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Anglo American - United Kingdom
  • Samtan Co., Ltd - South Korea
  • Parry Sugars Refinery, India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Standard Chartered Bank - UAE
  • Electricity Authority, New Zealand
  • JPower - Japan
  • Kapuas Tunggal Persada - Indonesia
  • Adani Power Ltd - India
  • Thailand Anthracite
  • GVK Power & Infra Limited - India
  • Central Java Power - Indonesia
  • CCIC - Indonesia
  • Merrill Lynch Commodities Europe
  • Petrochimia International Co. Ltd.- Taiwan
  • Coaltrans Conferences
  • Mitsubishi Corporation
  • Total Coal South Africa
  • Neyveli Lignite Corporation Ltd, - India
  • Sree Jayajothi Cements Limited - India
  • Deutsche Bank - India
  • Orica Australia Pty. Ltd.
  • Barclays Capital - USA
  • Port Waratah Coal Services - Australia
  • ING Bank NV - Singapore
  • Antam Resourcindo - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Wood Mackenzie - Singapore
  • Humpuss - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Indian Oil Corporation Limited
  • Maheswari Brothers Coal Limited - India
  • Cebu Energy, Philippines
  • PLN - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Singapore Mercantile Exchange
  • Gujarat Mineral Development Corp Ltd - India
  • Sucofindo - Indonesia
  • Inspectorate - India
  • MEC Coal - Indonesia
  • Ince & co LLP
  • Altura Mining Limited, Indonesia
  • Bhoruka Overseas - Indonesia
  • Aditya Birla Group - India
  • VISA Power Limited - India
  • Bhushan Steel Limited - India
  • JPMorgan - India
  • The Treasury - Australian Government
  • Tamil Nadu electricity Board
  • Africa Commodities Group - South Africa
  • Rashtriya Ispat Nigam Limited - India
  • KOWEPO - South Korea
  • BRS Brokers - Singapore
  • Indian School of Mines
  • Marubeni Corporation - India
  • Kohat Cement Company Ltd. - Pakistan
  • World Bank
  • Infraline Energy - India
  • Indian Energy Exchange, India
  • Freeport Indonesia
  • Thiess Contractors Indonesia
  • Maybank - Singapore
  • Enel Italy
  • Carbofer General Trading SA - India
  • APGENCO India
  • Oldendorff Carriers - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Cargill India Pvt Ltd
  • Malabar Cements Ltd - India
  • Reliance Power - India
  • London Commodity Brokers - England
  • Thermax Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Jaiprakash Power Ventures ltd
  • Samsung - South Korea
  • Vedanta Resources Plc - India
  • Gupta Coal India Ltd
  • Independent Power Producers Association of India
  • Bank of America
  • Kaltim Prima Coal - Indonesia
  • Adaro Indonesia
  • Vizag Seaport Private Limited - India
  • GMR Energy Limited - India
  • PTC India Limited - India
  • South Luzon Thermal Energy Corporation
  • Goldman Sachs - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Simpson Spence & Young - Indonesia
  • GHCL Limited - India
  • Merrill Lynch Bank
  • CNBM International Corporation - China
  • Bharathi Cement Corporation - India
  • Qatrana Cement - Jordan
  • ANZ Bank - Australia
  • Britmindo - Indonesia
  • Indogreen Group - Indonesia
  • Energy Link Ltd, New Zealand
  • Shenhua Group - China
  • Bukit Makmur.PT - Indonesia
  • Eastern Energy - Thailand
  • Ernst & Young Pvt. Ltd.
  • Cosco
  • Eastern Coal Council - USA
  • Bulk Trading Sa - Switzerland
  • Ceylon Electricity Board - Sri Lanka
  • SMC Global Power, Philippines
  • CoalTek, United States
  • PNOC Exploration Corporation - Philippines
  • The India Cements Ltd
  • Posco Energy - South Korea
  • Russian Coal LLC
  • Jindal Steel & Power Ltd - India
  • Arutmin Indonesia
  • Geoservices-GeoAssay Lab
  • DBS Bank - Singapore
  • Ind-Barath Power Infra Limited - India
  • Petrosea - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Chamber of Mines of South Africa
  • Platou - Singapore
  • MS Steel International - UAE
  • Planning Commission, India
  • Permata Bank - Indonesia
  • EMO - The Netherlands
  • Maersk Broker
  • EIA - United States
  • Bangladesh Power Developement Board
  • Grasim Industreis Ltd - India
  • IEA Clean Coal Centre - UK
  • Vale Mozambique
  • Ministry of Mines - Canada
  • Deloitte Consulting - India
  • Billiton Holdings Pty Ltd - Australia
  • Salva Resources Pvt Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Latin American Coal - Colombia
  • ICICI Bank Limited - India
  • Cardiff University - UK
  • Tata Chemicals Ltd - India
  • Madhucon Powers Ltd - India
  • Mercuria Energy - Indonesia
  • Renaissance Capital - South Africa
  • Maruti Cements - India
  • Dalmia Cement Bharat India
  • Sinarmas Energy and Mining - Indonesia
  • Sojitz Corporation - Japan
  • Australian Coal Association
  • GB Group - China
  • UBS Singapore
  • KPCL - India
  • Directorate Of Revenue Intelligence - India
  • Kalimantan Lumbung Energi - Indonesia
  • Bangkok Bank PCL
  • PetroVietnam
  • Baramulti Group, Indonesia
  • Barasentosa Lestari - Indonesia
  • Mitra SK Pvt Ltd - India
  • BNP Paribas - Singapore
  • Semirara Mining Corp, Philippines
  • Riau Bara Harum - Indonesia
  • Central Electricity Authority - India
  • Fearnleys - India
  • Indonesian Coal Mining Association
  • Tanito Harum - Indonesia
  • TRAFIGURA, South Korea
  • ACC Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Heidelberg Cement - Germany
  • Ministry of Finance - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Sical Logistics Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mitsui
  • J M Baxi & Co - India
  • Thai Mozambique Logistica
  • Maharashtra Electricity Regulatory Commission - India
  • SRK Consulting
  • European Bulk Services B.V. - Netherlands
  • Coal Orbis AG
  • Inco-Indonesia
  • Manunggal Multi Energi - Indonesia
  • Pinang Coal Indonesia
  • Interocean Group of Companies - India
  • San Jose City I Power Corp, Philippines
  • Agrawal Coal Company - India
  • Indonesia Power. PT
  • Vitol - Bahrain
  • Platts
  • TeaM Sual Corporation - Philippines
  • Georgia Ports Authority, United States
  • Indorama - Singapore
  • OCBC - Singapore
  • SASOL - South Africa
  • Cemex - Philippines
  • Australian Commodity Traders Exchange
  • OPG Power Generation Pvt Ltd - India
  • Moodys - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Xindia Steels Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Coastal Gujarat Power Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • WorleyParsons
  • Ministry of Transport, Egypt
  • Kartika Selabumi Mining - Indonesia
  • Clarksons - UK
  • Uttam Galva Steels Limited - India
  • Global Coal Blending Company Limited - Australia
  • Coalindo Energy - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Shree Cement - India
  • Videocon Industries ltd - India
  • Savvy Resources Ltd - HongKong
  • New Zealand Coal & Carbon
  • KPMG - USA
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Minerals Council of Australia
  • Bhatia International Limited - India
  • Lanco Infratech Ltd - India
  • TGV SRAAC LIMITED, India
  • IMC Shipping - Singapore
  • Economic Council, Georgia
  • Leighton Contractors Pty Ltd - Australia
  • UOB Asia (HK) Ltd
  • Indo Tambangraya Megah - Indonesia
  • ASAPP Information Group - India
  • Holcim Trading Pte Ltd - Singapore
  • SGS (Thailand) Limited
  • Edison Trading Spa - Italy
  • AsiaOL BioFuels Corp., Philippines
  • Therma Luzon, Inc, Philippines
  • Chettinad Cement Corporation Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • LBH Netherlands Bv - Netherlands
  • Global Business Power Corporation, Philippines
  • McKinsey & Co - India
  • Romanian Commodities Exchange
  • Parliament of New Zealand
  • Essar Steel Hazira Ltd - India
  • ETA - Dubai
  • Meenaskhi Energy Private Limited - India
  • The University of Queensland
  • Intertek Mineral Services - Indonesia
  • McConnell Dowell - Australia
  • Meralco Power Generation, Philippines
  • Coeclerici Indonesia
  • KEPCO - South Korea
  • Krishnapatnam Port Company Ltd. - India
  • Orica Mining Services - Indonesia
  • Indika Energy - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Borneo Indobara - Indonesia
  • Petron Corporation, Philippines
  • Sindya Power Generating Company Private Ltd
  • Credit Suisse - India
  • Sakthi Sugars Limited - India
  • Price Waterhouse Coopers - Russia
  • SN Aboitiz Power Inc, Philippines
  • Lafarge - France
  • Aboitiz Power Corporation - Philippines
  • Makarim & Taira - Indonesia
  • Japan Coal Energy Center
  • Electricity Generating Authority of Thailand
  • Mjunction Services Limited - India
  • Gujarat Sidhee Cement - India
  • Cement Manufacturers Association - India
  • The State Trading Corporation of India Ltd
  • Coal and Oil Company - UAE
  • IBC Asia (S) Pte Ltd
  • TANGEDCO India
  • RBS Sempra - UK
  • CESC Limited - India
  • NALCO India
  • Gresik Semen - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Power Finance Corporation Ltd., India
  • SUEK AG - Indonesia
  • Commonwealth Bank - Australia
  • Rudhra Energy - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Kumho Petrochemical, South Korea
  • Siam City Cement PLC, Thailand
  • Panama Canal Authority
  • Arch Coal - USA
  • Banpu Public Company Limited - Thailand
  • World Coal - UK
  • Trasteel International SA, Italy
  • U S Energy Resources
  • PowerSource Philippines DevCo
  • Idemitsu - Japan
  • India Bulls Power Limited - India
  • Kobe Steel Ltd - Japan
  • Asian Development Bank
  • Mechel - Russia
  • NTPC Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Wilmar Investment Holdings
  • Bayan Resources Tbk. - Indonesia
  • Surastha Cement
  • Global Green Power PLC Corporation, Philippines
  • Binh Thuan Hamico - Vietnam
  • PLN Batubara - Indonesia
  • CIMB Investment Bank - Malaysia
  • Energy Development Corp, Philippines
  • Larsen & Toubro Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Mintek Dendrill Indonesia
  • IOL Indonesia
  • Asia Cement - Taiwan
  • Medco Energi Mining Internasional
  • White Energy Company Limited
  • Sarangani Energy Corporation, Philippines
  • Timah Investasi Mineral - Indoneisa
  • bp singapore
  • Noble Europe Ltd - UK
  • Formosa Plastics Group - Taiwan
  • Peabody Energy - USA
  • TNB Fuel Sdn Bhd - Malaysia
  • Jorong Barutama Greston.PT - Indonesia
  • Thriveni
  • Runge Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Argus Media - Singapore
  • Core Mineral Indonesia
  • Ambuja Cements Ltd - India
  • IHS Mccloskey Coal Group - USA