We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
 COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Toplivnaya Company, one of the fastest-growing thermal coal producers in Russia, has announced the unaudited IFRS financial results for the 3rd Quarter and 9 months ended 30 September 2010.
According to the unaudited IFRS financial results, Kuzbasskaya Toplivnaya's revenue for Q3 2010 increased by 44% to RUR 3,925 mln. quarter-on-quarter. Revenue for 9M 2010 gained 29% year-on-year up to 9,576 mln, it said in statement posted in its website.
|
|
Share your
coal and shipping news
|
|
In Q3 2010 the volume of coal production also increased significantly by 52% quarter-on-quarter to 1.87 mln. tonnes. During the first 9 months of 2010 the KTK has produced 4.59 mln tonnes or an increase of 5% year-on-year.
“We are satisfied with the Company’s results in Q3 and 9M 2010. We have succeeded in making the next important step towards the implementation of the KTK strategy focused on further increases in coal extraction, the upgrade of product quality and raising the effectiveness of our business", said CEO of the company Igor Prokudin.
He further commented, "In August, on the eve of 10th anniversary of the Company, we launched our first enrichment plant “Kaskad”, which will help to reduce the production waste and contribute to expanding our export markets. We believe that it will reach its design capacity by the end of this year.
Thanks to investments in production expansion in H1 2010, KTK reached the highest coal extraction and processing volumes in its history.
According to the management expectations, the development of 2 new sectors on “Cheremshanskiy” and “Vinogradovskiy” open-pit mines, which started in Q2 2010, as well as expanded modern machinery and equipment fleet, will help the Company to continue the growth of its production volumes in Q4 and reach the yearly production target – 6.8 mln. tonnes. In addition to this, the production growth should lead to reduction of production cash costs per 1 tonne of coal compared to Q3 2010.
We are optimistic about the Company’s Q4 2010 performance and believe that high volumes of production together with further increase in the average coal sale price will help us to achieve even stronger production and financial results than in Q3 2010", commented by CEO of the company Igor Prokudin".
Source: KTK Web site
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...
Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the fla ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
|
|
|
Showing 5471 to 5475 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Australian Coal Association
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
|
| |
| |
|
