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, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...


Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...


Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...


Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...


Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...


   4 5 6 7 8   
Showing 26 to 30 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 ...

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