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Thursday, 20 October 11
BRACKEN INTERNATIONAL MINING LISTS ON FRANKFURT STOCK EXCHANGE
Press Release - Bracken International Mining (Code:1BM) listed on the Deutsche Börse’s Frankfurt Stock Exchange today at €1.00 with an opening market capitilisation of €500 million.
Executive Chairman Luke Bracken says now the company has successfully listed it will be able to move assertively into a multi-billion dollar mining business on a global scale.
“We have secured the operating mining licenses for six high-grade Manganese mines in Indonesia, with combined reserves in excess of 300 million tons,” Mr. Bracken says.
“Government licenses have been secured to enable construction of the first smelter close to the mines and a new source of electricity is due to be commissioned in October of this year within a few kilometers of the proposed smelter site at Kupang.
“The mines have been producing ore in a limited capacity since early 2010, with trial exports of Manganese shipped to customers in China, however the retooling of new plant and equipment in the coming months will allow the company to increase export capacity to meet contract requirements above 50,000 MT per month.”
The new benefaction plant will have a total production capacity of 240,000 MT per month.
BIM currently has a signed contract through its New York trading partners to deliver 10,000 MT per month into China for an agreed five year period, with expressions of interest from a further six companies from India and China.
Manganese is the fourth most used metal in terms of tonnage, being ranked behind iron, aluminum and copper, and is an extremely valuable commodity with world demand depending directly on the needs of the steel industry.
Mr. Bracken says BIM’s listing on the Frankfurt Stock Exchange will provide the company with exposure into a larger international capital market, which will help facilitate desired growth.
“We plan to grow the company to become more than just a junior miner and develop our markets throughout Asia, the Americas and Europe,” Mr. Bracken says.
“BIM has a number of thermal coal licenses in Australia and Indonesia under review that we are in the negotiation process of acquiring.
"The company is also negotiating an interest in gold in the USA and we expect to make progress in this area during the year.”
For more information, please visit www.brackenmining.com.au
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Friday, 04 September 20
IN A DEEPENING DEBT HOLE OF $34 BILLION, INDONESIA’S PLN MUST STOP DIGGING - IEEFA
The utility has added IDR100 trillion in debt annually for the last five years
Utilities globally started changing the way they do business ye ...
Friday, 04 September 20
KOMIPO INVITED BIDS FOR AUSTRALIAN MIN 5,700 NCV COAL FOR NOVEMBER
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 260,000 MT Min.5,700 kcal/kg NCV coal November, 2020 loading. Acc ...
Thursday, 03 September 20
BRINGING SERVICES OF FTCCI CLOSER TO THE EXPORTERS AT GMR AIR CARGO COMPLEX AT SHAMSHABAD
Press Release: “FTCCI Trade Facilitation Services at your doorstep now” says J.S. Chandrashekar, IRS., Principal Commissioner of Custom ...
Thursday, 03 September 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Wednesday, 02 September 20
COAL PRODUCTION FALLS 7% IN APR-AUG; OFF TAKE DIPS 13.4% - FINANCIAL EXPRESS
In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.
C ...
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- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
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- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
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- Deloitte Consulting - India
- Posco Energy - South Korea
- Planning Commission, India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
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- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
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- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
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- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
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- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
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- Tamil Nadu electricity Board
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- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
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- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
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- ICICI Bank Limited - India
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- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
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- Africa Commodities Group - South Africa
- GMR Energy Limited - India
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- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
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- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
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- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
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- Minerals Council of Australia
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- Wood Mackenzie - Singapore
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