COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT


Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly owned subsidiary of SouthGobi that owns the Company’s Mongolian operating subsidiary SouthGobi Sands LLC (“SGS”), has filed a Notice of Investment Dispute on the Mongolian Government pursuant to the Bilateral Investment Treaty (“BIT”) between Singapore and Mongolia. The Company has filed the Notice of Investment Dispute following a determination by management that they have exhausted all other possible means to resolve an ongoing investment dispute between SGS and the Mongolian authorities.

The Notice of Investment Dispute consists of, but is not limited to, the failure by the Mineral Resources Authority of Mongolia to execute the pre-mining agreements (“PMAs”) associated with certain exploration licenses of the Company pursuant to which valid PMA applications had been lodged in 2011. The areas covered by the valid PMA applications include the resource known as Zag Suuj and certain areas associated with the broader Soumber Deposit.

The Notice of Investment Dispute triggers the dispute resolution process under the BIT whereby the Mongolian Government has a six-month cure period from the date of receipt of the notice to satisfactorily resolve the dispute through negotiations. If the negotiations are not successful, the Company will be entitled to commence conciliation/arbitration proceedings under the auspices of the International Centre for Settlement of Investment Disputes (“ICSID”) pursuant to the BIT. However in the event that the Mongolian Government fails to negotiate, ICSID arbitration proceedings may be accelerated before the six (6) months have expired.

About SouthGobi Resources
SouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia’s South Gobi Region. The company’s flagship coal mine, Ovoot Tolgoi, is producing and selling coal to customers in China. The company plans to supply a wide range of coal products to markets in Asia.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com -  Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...


Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...


Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...


Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...


Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...


   931 932 933 934 935   
Showing 4661 to 4665 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Heidelberg Cement - Germany
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Russian Coal LLC
  • Shree Cement - India
  • Adani Power Ltd - India
  • Sakthi Sugars Limited - India
  • CESC Limited - India
  • PLN Batubara - Indonesia
  • Panama Canal Authority
  • Reliance Power - India
  • Alfred C Toepfer International GmbH - Germany
  • Pendopo Energi Batubara - Indonesia
  • Coal Orbis AG
  • Barasentosa Lestari - Indonesia
  • Arch Coal - USA
  • UBS Singapore
  • Vizag Seaport Private Limited - India
  • Wood Mackenzie - Singapore
  • Ernst & Young Pvt. Ltd.
  • SN Aboitiz Power Inc, Philippines
  • Coastal Gujarat Power Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Platou - Singapore
  • Singapore Mercantile Exchange
  • Bukit Baiduri Energy - Indonesia
  • Bank of America
  • IEA Clean Coal Centre - UK
  • Georgia Ports Authority, United States
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • GNFC Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Jatenergy - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • LBH Netherlands Bv - Netherlands
  • Mitsui
  • Kobexindo Tractors - Indoneisa
  • IHS Mccloskey Coal Group - USA
  • Leighton Contractors Pty Ltd - Australia
  • Standard Chartered Bank - UAE
  • Altura Mining Limited, Indonesia
  • Cebu Energy, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Semirara Mining Corp, Philippines
  • India Bulls Power Limited - India
  • The University of Queensland
  • Siam City Cement - Thailand
  • Holcim Trading Pte Ltd - Singapore
  • Bhatia International Limited - India
  • BNP Paribas - Singapore
  • globalCOAL - UK
  • Cardiff University - UK
  • Uttam Galva Steels Limited - India
  • Indorama - Singapore
  • Indonesian Coal Mining Association
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • GHCL Limited - India
  • Gupta Coal India Ltd
  • World Coal - UK
  • Ministry of Transport, Egypt
  • Borneo Indobara - Indonesia
  • London Commodity Brokers - England
  • Binh Thuan Hamico - Vietnam
  • Madhucon Powers Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Semirara Mining and Power Corporation, Philippines
  • Coeclerici Indonesia
  • Edison Trading Spa - Italy
  • Antam Resourcindo - Indonesia
  • NTPC Limited - India
  • Jaiprakash Power Ventures ltd
  • Savvy Resources Ltd - HongKong
  • WorleyParsons
  • ETA - Dubai
  • New Zealand Coal & Carbon
  • Renaissance Capital - South Africa
  • Minerals Council of Australia
  • Kartika Selabumi Mining - Indonesia
  • Global Business Power Corporation, Philippines
  • Gresik Semen - Indonesia
  • IOL Indonesia
  • Aboitiz Power Corporation - Philippines
  • Bank of China, Malaysia
  • Moodys - Singapore
  • Videocon Industries ltd - India
  • Shenhua Group - China
  • Xindia Steels Limited - India
  • Mitra SK Pvt Ltd - India
  • White Energy Company Limited
  • Makarim & Taira - Indonesia
  • IBC Asia (S) Pte Ltd
  • Tamil Nadu electricity Board
  • Rio Tinto Coal - Australia
  • bp singapore
  • Marubeni Corporation - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Argus Media - Singapore
  • Inspectorate - India
  • Banpu Public Company Limited - Thailand
  • Electricity Authority, New Zealand
  • Bharathi Cement Corporation - India
  • Energy Development Corp, Philippines
  • Petron Corporation, Philippines
  • OCBC - Singapore
  • Malabar Cements Ltd - India
  • ANZ Bank - Australia
  • Maybank - Singapore
  • Bayan Resources Tbk. - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Merrill Lynch Commodities Europe
  • GVK Power & Infra Limited - India
  • DBS Bank - Singapore
  • Orica Mining Services - Indonesia
  • Rudhra Energy - India
  • Thai Mozambique Logistica
  • Power Finance Corporation Ltd., India
  • UOB Asia (HK) Ltd
  • Siam City Cement PLC, Thailand
  • VISA Power Limited - India
  • GB Group - China
  • The State Trading Corporation of India Ltd
  • Meralco Power Generation, Philippines
  • Agrawal Coal Company - India
  • Samsung - South Korea
  • Billiton Holdings Pty Ltd - Australia
  • KEPCO - South Korea
  • Toyota Tsusho Corporation, Japan
  • San Jose City I Power Corp, Philippines
  • Intertek Mineral Services - Indonesia
  • Arutmin Indonesia
  • Parry Sugars Refinery, India
  • Salva Resources Pvt Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Formosa Plastics Group - Taiwan
  • Petrosea - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Surastha Cement
  • Simpson Spence & Young - Indonesia
  • Merrill Lynch Bank
  • Peabody Energy - USA
  • SMG Consultants - Indonesia
  • Platts
  • Larsen & Toubro Limited - India
  • Interocean Group of Companies - India
  • Berau Coal - Indonesia
  • McConnell Dowell - Australia
  • Therma Luzon, Inc, Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Coalindo Energy - Indonesia
  • Trasteel International SA, Italy
  • GN Power Mariveles Coal Plant, Philippines
  • Maruti Cements - India
  • Gujarat Electricity Regulatory Commission - India
  • Sucofindo - Indonesia
  • EIA - United States
  • Global Green Power PLC Corporation, Philippines
  • Core Mineral Indonesia
  • OPG Power Generation Pvt Ltd - India
  • South Luzon Thermal Energy Corporation
  • SRK Consulting
  • BRS Brokers - Singapore
  • Energy Link Ltd, New Zealand
  • MS Steel International - UAE
  • Chettinad Cement Corporation Ltd - India
  • Bhushan Steel Limited - India
  • Aditya Birla Group - India
  • PNOC Exploration Corporation - Philippines
  • Mitsubishi Corporation
  • Adaro Indonesia
  • Indian Energy Exchange, India
  • Glencore India Pvt. Ltd
  • Mechel - Russia
  • Central Java Power - Indonesia
  • Baramulti Group, Indonesia
  • Cemex - Philippines
  • Global Coal Blending Company Limited - Australia
  • Inco-Indonesia
  • Mintek Dendrill Indonesia
  • Vitol - Bahrain
  • Xstrata Coal
  • Sical Logistics Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Wilmar Investment Holdings
  • Noble Europe Ltd - UK
  • Tanito Harum - Indonesia
  • JPower - Japan
  • International Coal Ventures Pvt Ltd - India
  • Bulk Trading Sa - Switzerland
  • Rashtriya Ispat Nigam Limited - India
  • Cement Manufacturers Association - India
  • Krishnapatnam Port Company Ltd. - India
  • TeaM Sual Corporation - Philippines
  • CIMB Investment Bank - Malaysia
  • Geoservices-GeoAssay Lab
  • KOWEPO - South Korea
  • Samtan Co., Ltd - South Korea
  • Thermax Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Kumho Petrochemical, South Korea
  • Planning Commission, India
  • Ince & co LLP
  • Coal and Oil Company - UAE
  • Essar Steel Hazira Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Kobe Steel Ltd - Japan
  • Maersk Broker
  • PTC India Limited - India
  • Bangladesh Power Developement Board
  • HSBC - Hong Kong
  • Infraline Energy - India
  • Port Waratah Coal Services - Australia
  • Gujarat Mineral Development Corp Ltd - India
  • TGV SRAAC LIMITED, India
  • Bangkok Bank PCL
  • Britmindo - Indonesia
  • The India Cements Ltd
  • Thomson Reuters GRC
  • PetroVietnam Power Coal Import and Supply Company
  • Mercator Lines Limited - India
  • Ministry of Finance - Indonesia
  • Anglo American - United Kingdom
  • Directorate Of Revenue Intelligence - India
  • World Bank
  • Carbofer General Trading SA - India
  • Lafarge - France
  • The Treasury - Australian Government
  • Latin American Coal - Colombia
  • Kalimantan Lumbung Energi - Indonesia
  • TRAFIGURA, South Korea
  • Clarksons - UK
  • Lanco Infratech Ltd - India
  • NALCO India
  • JPMorgan - India
  • Chamber of Mines of South Africa
  • KPCL - India
  • ICICI Bank Limited - India
  • Price Waterhouse Coopers - Russia
  • Sinarmas Energy and Mining - Indonesia
  • Qatrana Cement - Jordan
  • Cosco
  • Total Coal South Africa
  • Indonesia Power. PT
  • Cargill India Pvt Ltd
  • TNB Fuel Sdn Bhd - Malaysia
  • Economic Council, Georgia
  • Independent Power Producers Association of India
  • Pinang Coal Indonesia
  • CoalTek, United States
  • EMO - The Netherlands
  • KPMG - USA
  • GAC Shipping (India) Pvt Ltd
  • CNBM International Corporation - China
  • Mjunction Services Limited - India
  • SMC Global Power, Philippines
  • PetroVietnam
  • Deloitte Consulting - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Malco - India
  • Kohat Cement Company Ltd. - Pakistan
  • Orica Australia Pty. Ltd.
  • Bhoruka Overseas - Indonesia
  • Straits Asia Resources Limited - Singapore
  • TNPL - India
  • Enel Italy
  • Kaltim Prima Coal - Indonesia
  • U S Energy Resources
  • Freeport Indonesia
  • CCIC - Indonesia
  • IMC Shipping - Singapore
  • Goldman Sachs - Singapore
  • Star Paper Mills Limited - India
  • Permata Bank - Indonesia
  • Commonwealth Bank - Australia
  • Grasim Industreis Ltd - India
  • Fearnleys - India
  • AsiaOL BioFuels Corp., Philippines
  • Gujarat Sidhee Cement - India
  • Kideco Jaya Agung - Indonesia
  • Humpuss - Indonesia
  • ACC Limited - India
  • MEC Coal - Indonesia
  • Medco Energi Mining Internasional
  • Deutsche Bank - India
  • Metalloyd Limited - United Kingdom
  • Vijayanagar Sugar Pvt Ltd - India
  • Ministry of Mines - Canada
  • GMR Energy Limited - India
  • Attock Cement Pakistan Limited
  • Idemitsu - Japan
  • Electricity Generating Authority of Thailand
  • PowerSource Philippines DevCo
  • Kapuas Tunggal Persada - Indonesia
  • ASAPP Information Group - India
  • Tata Power - India
  • Coal India Limited
  • Parliament of New Zealand
  • Mercuria Energy - Indonesia
  • Oldendorff Carriers - Singapore
  • Ind-Barath Power Infra Limited - India
  • Sojitz Corporation - Japan
  • Asian Development Bank
  • Ambuja Cements Ltd - India
  • Runge Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Romanian Commodities Exchange
  • Jindal Steel & Power Ltd - India
  • Eastern Coal Council - USA
  • Iligan Light & Power Inc, Philippines
  • Coaltrans Conferences
  • Bukit Asam (Persero) Tbk - Indonesia
  • Australian Coal Association
  • Indian Oil Corporation Limited
  • McKinsey & Co - India
  • Karaikal Port Pvt Ltd - India
  • J M Baxi & Co - India
  • Japan Coal Energy Center
  • Vedanta Resources Plc - India
  • Barclays Capital - USA
  • Sree Jayajothi Cements Limited - India
  • Meenaskhi Energy Private Limited - India
  • Indogreen Group - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Indian School of Mines
  • Dalmia Cement Bharat India
  • Credit Suisse - India
  • Manunggal Multi Energi - Indonesia
  • Indika Energy - Indonesia
  • RBS Sempra - UK
  • PLN - Indonesia
  • SASOL - South Africa
  • Thailand Anthracite
  • APGENCO India
  • Sindya Power Generating Company Private Ltd
  • Thriveni
  • Miang Besar Coal Terminal - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Africa Commodities Group - South Africa
  • Posco Energy - South Korea
  • ING Bank NV - Singapore
  • Tata Chemicals Ltd - India
  • Riau Bara Harum - Indonesia
  • Eastern Energy - Thailand
  • Asia Cement - Taiwan
  • SGS (Thailand) Limited
  • Central Electricity Authority - India
  • Karbindo Abesyapradhi - Indoneisa
  • European Bulk Services B.V. - Netherlands
  • Vale Mozambique
  • SUEK AG - Indonesia
  • TANGEDCO India
  • Australian Commodity Traders Exchange
  • Bukit Makmur.PT - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Thiess Contractors Indonesia