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Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian newspaper reported the two companies were negotiating a $1-billion deal that would give Coal India a stake in four Australian coal mines.
“Coal India and Peabody are in a broad range of preliminary discussions to explore long-term coal supplies and other possible cooperative ventures,” Peabody said in a statement.
“These are at very early stages and there have been no final agreements or decisions made regarding timing or structure.”
The company said it “recognises” the growing long-term coal demand in India, which may be the world's fastest growing coal importer.
Peabody is in the middle of a hostile takeover bid for Australia's Macarthur Coal, which rejected the company's initial proposal, as well as a sweetened offer announced last week.
Another coal producer, New Hope Corp has also made an offer for Macarthur, but the company says it plans to go ahead with its own takeover of rival Gloucester Coal instead. Xstrata is also expected to make an offer for Macarthur, although it has not done so yet.
The discussions with Coal India are “unrelated to other potential transactions” that Peabody has been engaged in, the firm said on Monday.
According to the article in the Sydney Morning Herald, the deal being negotiated between Peabody and Coal India could involve assets in the US and Indonesia as well as Australia, and included both metallurgical and thermal coal operations.
The report cited comments by Phalguni Guha, the chief general manager of Coal India's foreign-venture arm.
Shares in Peabody Energy rose 3,95% on Monday, to $48,18 apiece by 11:36 in New York.
Source: Mining Weekly (By: Liezel Hill)
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Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy
Atlantic markets remain firm. Supramaxes open in USG are now achieving low/mid&n ...
Thursday, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...
Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...
Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...
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- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
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- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
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- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
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- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
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- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
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- VISA Power Limited - India
- Planning Commission, India
- The University of Queensland
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Electricity Generating Authority of Thailand
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