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Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been granted a new coal mining business permit for exploration of 30,970 hectares at Mauraduwa in south Sumatra, Indonesia.
The company will employ various agencies for environmental impact, coal exploration analysis and necessary clearances. It expects approvals for production within the next four years, the company said in a filing to the BSE on Monday.
Madhucon already operates a coal mine of 10,000 hectares at Dawas in south Sumatra and is setting up logistics and other necessary infrastructure facilities. Coal production has just commenced and this mine is estimated to have reserves of 900 million tonnes.
The company is also in possession of another coal mine in Indonesia in east Kalimantan under a mining contract, it added.
Madhucon’s scrip closed Monday’s trade on the BSE, 2.94 per cent down, at Rs 148.65 over the previous close of Rs 153.15.
Source: Business-Standard
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Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- New Zealand Coal & Carbon
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- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
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- Formosa Plastics Group - Taiwan
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- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
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- Electricity Generating Authority of Thailand
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- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
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- Petrochimia International Co. Ltd.- Taiwan
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- White Energy Company Limited
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- Independent Power Producers Association of India
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- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
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- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
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- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
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- Indian Energy Exchange, India
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- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
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- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
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- Maheswari Brothers Coal Limited - India
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- Alfred C Toepfer International GmbH - Germany
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Indonesian Coal Mining Association
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