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
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)



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

Recent News

Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...


Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...


Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...


Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard  reported that, India is expected to import nearly 60 million tonnes of thermal coal this year. After coking coal and iron ...


Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...


   1175 1176 1177 1178 1179   
Showing 5881 to 5885 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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