We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a producer of high quality bituminous coal and Anthracite from mines in the Klipriver coalfield, near Dundee, in the KwaZulu Natal province of South Africa has signed a three year offtake agreement for 1.75 million tonnes (total) with Vitol S.A. ("Vitol"), a leading energy trading company, according to Forbescoal website.
Vitol will be purchasing thermal coal from the Slater Coal properties at market prices.
Forbes Coal's website further said, cash flow from this offtake agreement will fund the continued ramping up of production at its two operating mines – Magdalena and Aviemore. The agreement is initially for three years and will support the previously announced production expansion plans.
Forbes Coal intends to transport the coal to the Navitrade Coal Terminal in Richards Bay using its increased rail transport and capacity with Transnet Freight Rail and Grindrod Terminals. Grindrod Terminals provides certain logistical, handling and stockpiling services to shippers in connection with the shipment of bulk cargoes. As per the press release of December 7, 2010, Grindrod Terminals shall provide Forbes Coal with export coal capacity in the Terminal of 600,000 metric tonnes in 2011, 720,000 metric tonnes in 2012 and 960,000 metric tonnes in 2013.
"This milestone for Forbes Coal will support our planned expansion into the coal export market. We have seen a steady increase in export prices over the past 12 months, driven by an increase in demand from India. Together with our increased export capacity at Richard's Bay, the Company is on track to establish itself as a mid-tier Southern African coal company." said Stephan Theron, President and Chief Executive Officer of Forbes Coal.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
|
|
|
Showing 5996 to 6000 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Parliament of New Zealand
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
|
| |
| |
|