We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
|
|
|
Showing 6571 to 6575 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Marubeni Corporation - India
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Mercator Lines Limited - India
- PTC India Limited - India
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
|
| |
| |
|
