Goodbye Lee Kuan Yew
  • Indonesia: New Regulation Requires Letter Of Credit For Export Of Products From Natural Resources
  • Brent will average $52/bbl in 2015 and $58/bbl in 2016 - Bank of America Merrill Lynch
  • Glencore to close Australian West Wallsend coal mine in 2016 - Reuters
  • Richards Bay Coal (SGX API 4), delivery Q3 2015 FOB Avg: US$ 56.20 (0.9% dod) as on 25 March 2015 (London close) - SGX AsiaClear
  • Richards Bay Coal (SGX API 4), delivery Q2 2015 FOB Avg: US$ 57.90 (1.8% dod) as on 25 March 2015 (London close) - SGX AsiaClear
  • Newcastle Thermal Coal (API 5), delivery Q3 2015 FOB Avg: US$ 44.98 (0.1% dod) as on 25 March 2015 (8pm SG time) - SGX AsiaClear
  • Newcastle Thermal Coal (API 5), delivery Q2 2015 FOB Avg: US$ 46.08 (-0.2% dod) as on 25 March 2015 (8pm SG time) - SGX AsiaClear
  • Sub-Bit Indonesia Coal, delivery Q3 2015 FOB Avg: US$ 45.25 (-0.1% dod) as on 25 March 2015 (8pm SG time) - SGX AsiaClear
  • Sub-Bit Indonesia Coal, delivery Q2 2015 FOB Avg: US$ 45.72 (-0.1% dod) as on 25 March 2015 (8pm SG time) - SGX AsiaClear
  • The Chinese authorities plan to shut the last coal-fired power plant in Beijing and replace it with gas-fired plants in 2016 - RT
  • India will import only 160 million tonnes in 2016 starting April 1 as state-run Coal India Ltd and private companies ramp up output - Anil Swarup, India Coal Secretary | Reuters
  • Coal imports are expected to jump 19 per cent to a record of about 200 million tonnes this fiscal year - Anil Swarup, India Coal Secretary | Reuters
  • Australia will resume its position as the world's largest coal exporter by 2017, taking the title back from Indonesia - Minerals Council Of Australia
  • COALspot.com's self assessment - Indonesian 5800 GAR coal (Physical) market direction: FLAT TO FIRM (last update : 19 March 2015)
  • Ministry of Energy of Indonesia has REVISED UP March 2015 Coal Price Reference to US$ 67.76 per ton (Last Update: 17/3/15)
  • SHARE YOUR COAL NEWS WITH COALspot.com - news@coalspot.com

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Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK


Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospects and updates on the amended mining laws and regulations.

The 2nd Myanmar Mining Summit will be officially opened by His Excellency Dr. Myint Aung, Union Minister of Mines, with a keynote address, focusing on regulations and processes, issues and challenges, as well as solutions and opportunities surrounding the mining sector in the resources-filled country.

Besides the Minister, U Win Thein, Director-General of the Department of Mines, will give an update on the proposed mining law which, along with the new foreign investment law, has direct impact on investments and joint ventures. This will provide local and foreign delegates attending the summit with vital information on requirements and obligations, ensuring a smooth transition for joint ventures and aligning expectations of both parties.

Business opportunities abound as foreign investors from Asia, Australia, Europe and USA will be attending the conference to learn and seek investment opportunities and potential partnerships.

These companies include Mitsui & Co., Macallum Group, Japan Oil, Gas and Metals National Corporation, Altura Mining, Essel Group, Sandvik Tamrock Philippines Inc., PricewaterhouseCoopers, The World Bank, China Polymetallic Mining, Watson, Farley & Williams, Fugro Airborne Surveys, Vermeer Asia Pacific,  Maccaferri (Malaysia), TAG Resources, Evolution Mining, Holman Fenwick & Willan, University of Tasmania, RWH Publishing, Exploration Mapping and Trakblaze Global.

To date¸ close to 200 participants involved or interested in venturing into Myanmar’s mining sector have confirmed their attendance.

For more information on the event, please contact Ms. Huiyan at
huiyan@cmtsp.com.sg &  Tel +65 6346 9113 or visit website.



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