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
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY


Busrep / Reuters  reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail constraints, the head of Anglo American's local coal unit said yesterday.

Anglo Coal chief executive Norman Mbazima expected the price of coal to average $85 (R612) a ton this year.

Richards Bay Coal Terminal's free-on-board prices have been about $82 to $85 a ton for the past month.

"Those are exciting prices and we think they will be maintained," Mbazima said during a visit to the company's Landau coal mine in Mpumalanga.

Mbazima said he also expected the company to export about 16 million tons of coal, unchanged from last year, despite railing hitches to the export terminal.

Coal exporters have said rail hitches to the Richards Bay Coal Terminal have been blamed for low coal deliveries.

Africa's largest export terminal is owned by South Africa's largest exporters of the fuel, including BHP Billiton, Anglo American and Xstrata, and is serviced by the railway arm of Transnet.

Transnet's rail division said earlier this year it expected to transport 65 million tons of export coal to the port this year and would try to raise that to 70 million tons.

Transnet Freight Rail said last month it expected to transport 62 million tons of coal in the financial year to the end of March, slightly up from 61.9 million the previous year.

Mbazima said Anglo Coal was seeking to exploit thermal coal opportunities in Indonesia, Australia and Colombia.

"We are looking at global growth opportunities for (the) seaborne market," he said.

He said Anglo Coal planned to increase coal exported to India this year from the 4.9 million tons last year.

Mbazima said the coal producer was also looking to facilitate the development of a power station using its own discarded or waste coal. The power plant could produce about 300 megawatts of electricity to be used for Anglo's operations in South Africa, including its platinum and iron ore mines.

He said there was enough waste coal - left over after the processing of coal destined for export - for the life of a power station of about 40 to 50 years. He said the company did not plan to finance, build or operate the station, but hoped to attract an independent power producer to build the plant.

"We will be providing the power-purchase agreement to say that if you come in, build this plant and run it, we will buy the power for the next 40 years, and we will provide the fuel," he said.

South Africa has been battling a chronic power shortage, which worsened in early 2008 when the national grid suffered a near collapse, costing the country billions of dollars in lost output as mines and manufacturing plants were shut for days. - Reuters
Source: Busrep / Reuters
( By Agnieszka Flak)



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

Recent News

Monday, 05 March 12
SOUTHGOBI ANNOUNCES AGREEMENT TO SELL ITS THERMAL COAL TSAGAAN TOLGOI DEPOSIT FOR US$ 30 MILLION
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Re ...


Monday, 05 March 12
SOME RESOURCE TITANS NOT THRILLED WITH INDONESIAN EXPORT BAN - THE JAKARTA GLOBE
The Jakarta Globe reported that, local representatives of major business associations in East Kalimantan have protested a government regulation that ...


Monday, 05 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
An air of optimism poured in the market this week for dry bulk shippers with the Baltic Dry Index recording daily gains during the end of February b ...


Sunday, 04 March 12
SE ASIA WAS FIRM FOR TRIPS TO INDIA AND CHINA - VISTAAR
COALspot.com - This week saw another upward trend with all indices up and generally market was firm. The BDI was up by 7.38 pct closing at 771 po ...


Friday, 02 March 12
DJMBP HAS ANNOUNCED SECOND BATCH OF CLEAR N CLEAN CERTIFIED MINERS
COALspot.com - The Directorate general of mineral & coal of Indonesia has announced second batch of companies who have passed IUP Clear and Clea ...


   964 965 966 967 968   
Showing 4826 to 4830 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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