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Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
 Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal analysts at the annual Role of Coal conference, held in Johannesburg this month, South Africa is still top of the pile when it comes to coal exports.
At the conference, John Hollaway & Associates MD John Hollaway painted a picture of the regional coal basin map outside of South Africa.
He reports that Mozambique, Zimbabwe and Botswana hold the largest regional coal basins outside South Africa.
Cumulatively, the countries can boast a coal resource of about 53,5-billion tons. Angola has five-billion tons of mainly poor-quality lignite coal, while the next sizable resource is held by Tanzania, which holds one-billion tons.
“Although there have been significant coal discoveries in Mozambique, Zimbabwe and Botswana, the coal is of poor quality and is not fit for export. South Africa still sits at the top of the coal export chain, for the time being,” said Hollaway.
Although Hollaway is of the view that the coal found in the region is of poor export quality, there has still been some interest shown.
Australian coal-mining company Riversdale Mining recently started mining at its Zambeze project, near Tete, in western Mozambique. The project has generated significant interest in that there is international demand for the coal from the mine. Owing to poor infrastructure in the region, Riversdale announced that it would be barging the coal down the Zambezi to the river mouth at Chinde, where the coal can be exported.
Developer of the Mmamabula energy project Botswana CIC Energy is in the process of compiling a feasibility study into building a railway line from the project, in southern Botswana, to Walvis Bay, in Namibia, to tap into the lucrative European and South American energy markets.
Coal plays an important role when it comes to the economic development of the region. With limited funding to build electricity networks that are reliant on renewable-energy sources, many power stations in the region are still baseload power stations that are reliant on coal supply. There is also a significant inter- national demand for the type of high-quality coal that is typically found in South Africa. This demand is particularly high in the Asian market.
Source: Mining Weekly
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Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...
Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
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- Tamil Nadu electricity Board
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- SN Aboitiz Power Inc, Philippines
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- Australian Coal Association
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- Baramulti Group, Indonesia
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- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
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- Africa Commodities Group - South Africa
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- The State Trading Corporation of India Ltd
- Parliament of New Zealand
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- Maheswari Brothers Coal Limited - India
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- Indonesian Coal Mining Association
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- Meralco Power Generation, Philippines
- The University of Queensland
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- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
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- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
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- Global Coal Blending Company Limited - Australia
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- Mercator Lines Limited - India
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- Asmin Koalindo Tuhup - Indonesia
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- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
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- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
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- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
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