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  • Ministry of Energy of Indonesia has revised DOWN AUGUST 2014 Coal Price Reference to US$ 70.29 per ton (Last Update: 12/8/14)
  • Sub-Bit Indonesia Coal, delivery Oct 2014 FOB Avg: US$ 53.50 (-0.09% dod) as on 28 AUG 2014 (8pm SG time) - SGX AsiaClear
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  • India may face blackouts as coal shortage cuts power output - Reuters India
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  • Chinese seaborne coal imports declined 0.4% y-o-y to 148mt, largely reflecting a 3.3% fall in imports of steam coal - Clarksons
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  • Australia Premium Coking Coal (SGX TSI), delivery Jan 2015 FOB Avg: US$ 122.54 (-0.81% dod) as on 28 AUG 2014 (8pm SG time) - SGX AsiaClear
  • Richards Bay Coal (SGX API 4), delivery Oct 2014 FOB Avg: US$ 71.15 (-1.11% dod) as on 28 AUG (London close) - SGX AsiaClear
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  • Newcastle Thermal Coal (API 5), delivery Oct 2014 FOB Avg: US$ 57.55 (-0.09% dod) as on 28 AUG (8pm SG time) - SGX AsiaClear
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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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