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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 Limited (“Aspire”) (ASX: AKM) announced on October 26, 2010. Pursuant to the private placement, SouthGobi has acquired 105,860,186 common shares of Aspire at a price of A$0.19 per share, for an aggregate purchase price of approximately A$ 20.1 million.
After giving effect to the transaction, SouthGobi holds approximately 19.9% of Aspire. SouthGobi will have the right to nominate one director to the Board of Aspire and the right to maintain its proportionate shareholding in Aspire for a period of two years.
The closing price of Aspire on the ASX on December 23 was A$0.485.
Aspire is a ASX listed coal exploration company focused on advancing the Ovoot Coking Coal Project in Mongolia along with the Nurant and Shanagan Coal Projects.
For more details about SouthGobi Resources, please click here.
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Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...
Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...
Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...
Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...
Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...
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- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Australian Coal Association
- PTC India Limited - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
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