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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, 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
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 ...
Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
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- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
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