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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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Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...
Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...
Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...
Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points and closed at 2,694 poi ...
Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...
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- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
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