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Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
 Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats thermal coal project, in Mpumalanga, it reported on Monday.
CoAL stated that export-quality thermal coal was expected to be in reached in November 2009 at the earliest, or the first quarter of 2010 at the latest. The company had initially planned to produce saleable export-quality thermal coal early in its new financial year, which started on July1.
CoAL said that all other aspects of the original mine planning and scheduling for Mooiplaats remained the same, and there had been no material amendment to either the anticipated tonnage schedules or the project’s life-of-mine.
The Aim, ASX- and JSE-listed company stated that operations at the Mooiplaats project were continuing well, with mid volatile lean coal currently being produced at a monthly rate of 30 000 t run-of-mine (ROM), while establishing access into the export thermal coal resource.
CoAL said that it was in ongoing discussions with a number of parties regarding an offtake agreement for mid volatile lean coal. Should a formal deal be concluded, production could be ramped up to over 80,000 t ROM a month.
The miner had already reached an agreement on terms and conditions for the takeoff of the export-quality thermal coal to be produced at Mooiplaats.
Discussions were proceeding with third parties requiring coal processing facilities as well as rail and port access, while build-up at Mooiplaats continues.
Meanwhile, CoAL stated that it was ready to “immediately” launch the first phase of its Vele coking coal project, in Limpopo, upon the granting of a new order mining licence from the South African government.
The first phase would initially comprise the establishment of a modular coal treatment plant, which would have the ability to deliver about one-million saleable tons of coking coal a year, expected to be delivered to steel major ArcelorMittal South Africa for use at it steelworks in Vanderbijlpark.
The capacity of the modular coal treatment plant could be doubled, should the steel company seek to increase its takeoff from Vele. A letter of intent signed with ArcelorMittal South Africa in April 2008, provided for potential takeoff from CoAL’s coking coal properties of between 2,5-million tons and five-million tons a year.
Phase two would deliver the planned full capacity of five-million tons of coking coal a year. The timing of the second-phase expansion to deliver five-million tons a year of saleable coking coal would be dictated by market conditions.
The total capital expenditure required to complete phase one was estimated at R35-million. To double the phase one capacity would cost a further R200-million. Some R2,65-billion would be required for the second phase.
CoAL further stated that it was progressing with the planning of its Makhado coking coal project, in Limpopo. Analysis of the coal resource quality was continuing, post the completion of additional large diameter bulk sample drilling in the second quarter of 2009.
The full-scale project plan was based on the production of five-million tons of coking coal a year. A similar phased approach to that at Vele using a modular coal processing plant might also be applied at Makhado, which would lower initial capital requirements and enable CoAL to self-fund the build up into a full capacity mine.
Current indications were that a modular plant based first phase, with a capacity of one-million saleable tons of coking a year, would require a capital investment in the order of R500-million, compared to R2,7-billion required for the full-scale mine development.
CoAL noted that market conditions would determine whether the development of Makhado will be based on full-scale production of five-million tons a year, or a similar phased approach as taken at Vele.
CoAL has prepared the documentation for the Makhado project mining right application, which was planned for submission to the government, once Section 11 approval had been obtained for the farm swap with diversified giant Rio Tinto. This was expected during the second half of 2009.
Source:Mining Weekly
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Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
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- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Australian Coal Association
- Thai Mozambique Logistica
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
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