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Saturday, 20 June 09
TECK SEES 2009 COAL SALES AT UPPER-END OF FORECAST
* Sees 2009 coal sales at upper-end it of prior forecast
* Says increased Chinese demand, driving brighter outlook
Teck Resources Ltd said on Friday it expects 2009 coal sales to be at the upper end of its previously announced range of 18 million to 20 million tonnes.
The company expects second quarter sales of about 5 million tonnes and third quarter sales in excess of 6 million tonnes.
Teck said its increased confidence in demand was due to a significant increase in sales to China. Furthermore, the company said its planned temporary production shutdowns at several mines have now been canceled in order to meet the increased demand.
The company said increased production and sales for the remainder of the year are expected to significantly reduce site unit operating costs. Cost of sales in 2009 are expected to be in the range of C$53 to C$56 per tonne.
Source; Reuters (http://www.reuters.com/article/marketsNews/idUSN2046484320090620)
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Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...
Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
&ld ...
Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities ...
Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...
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- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Australian Coal Association
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- White Energy Company Limited
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- The University of Queensland
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
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