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, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT


Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly owned subsidiary of SouthGobi that owns the Company’s Mongolian operating subsidiary SouthGobi Sands LLC (“SGS”), has filed a Notice of Investment Dispute on the Mongolian Government pursuant to the Bilateral Investment Treaty (“BIT”) between Singapore and Mongolia. The Company has filed the Notice of Investment Dispute following a determination by management that they have exhausted all other possible means to resolve an ongoing investment dispute between SGS and the Mongolian authorities.

The Notice of Investment Dispute consists of, but is not limited to, the failure by the Mineral Resources Authority of Mongolia to execute the pre-mining agreements (“PMAs”) associated with certain exploration licenses of the Company pursuant to which valid PMA applications had been lodged in 2011. The areas covered by the valid PMA applications include the resource known as Zag Suuj and certain areas associated with the broader Soumber Deposit.

The Notice of Investment Dispute triggers the dispute resolution process under the BIT whereby the Mongolian Government has a six-month cure period from the date of receipt of the notice to satisfactorily resolve the dispute through negotiations. If the negotiations are not successful, the Company will be entitled to commence conciliation/arbitration proceedings under the auspices of the International Centre for Settlement of Investment Disputes (“ICSID”) pursuant to the BIT. However in the event that the Mongolian Government fails to negotiate, ICSID arbitration proceedings may be accelerated before the six (6) months have expired.

About SouthGobi Resources
SouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia’s South Gobi Region. The company’s flagship coal mine, Ovoot Tolgoi, is producing and selling coal to customers in China. The company plans to supply a wide range of coal products to markets in Asia.



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

Recent News

Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand  Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...


Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


   1 2 3 4 5   
Showing 1 to 5 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 ...

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