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
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



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

Recent News

Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment. Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...


Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...


Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...


Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...


Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...


   1301 1302 1303 1304 1305   
Showing 6511 to 6515 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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