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Saturday, 04 July 09
MINING CONTRACT SOUGHT FOR COAL AREA IN MASBATE
Because of its coal deposits, a town in Masbate is one of the sites in the country being sought out for exploration and development by mining companies.
The Department of Energy (DOE) said Cataingan, 80 kilometers from the capital city of Masbate, is among 18 areas in the country which are subjects of 25 contract proposals to explore and develop prospective coal sites.
Energy Undersecretary Ramon Allan Oca said the proposals were submitted under the fourth Philippine Energy Contracting Round (PECR) 2009 for coal.
At least 13 local companies submitted the proposals, Oca said in a statement.
It was reported that the DOE intended to finish the technical, legal and financial evaluation of the proposal within a month.
“I don’t want to take this long to avoid any doubts as to what we’re doing,” Oca added.
PECR is a public bidding round aimed at encouraging companies to invest in the country’s energy sector. These contracting rounds, which showcase the country’s potential areas for exploration and development, are expected to spur investments and help cut costly oil imports as well.
Coal block system was offered under PECR 2009 was in the municipality of Cataingan. Five other areas in Bicol that were offered under the same PECR were Caramoran, Panganiban and Viga, all in Catanduanes; Gubat in Sorsogon and Rapu-Rapu in Albay.
The DOE had earlier assured prospective investors that the government had “undertaken a thorough process of resource evaluation to yield high exploration success that is in line with our shared goal of efficient development and production of the coal area.” (PNA)
Source: Balita - com-ph
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Saturday, 20 June 09
MINING LICENSE PROCEDURES `PROPER' - (UPDATE 3)
All 13 coal mining firms operating in Sawahlunto, West Sumatra, complied with procedures in obtaining their licenses, authorities say, as a recent m ...
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 Fr ...
Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for ...
Saturday, 20 June 09
AUSTRALIA'S NEWCASTLE THERMAL COAL PRICES FALL 7.7% TO $70.81
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 7.7 percent, declining for the first time since the week e ...
Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
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- Bulk Trading Sa - Switzerland
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- Timah Investasi Mineral - Indoneisa
- The University of Queensland
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- Wilmar Investment Holdings
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- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
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- GVK Power & Infra Limited - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
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- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
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- Posco Energy - South Korea
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- Electricity Authority, New Zealand
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- Kumho Petrochemical, South Korea
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- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
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- Ministry of Transport, Egypt
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- Vizag Seaport Private Limited - India
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- LBH Netherlands Bv - Netherlands
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- Chamber of Mines of South Africa
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- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
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- Price Waterhouse Coopers - Russia
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- The Treasury - Australian Government
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Renaissance Capital - South Africa
- Ministry of Mines - Canada
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- Globalindo Alam Lestari - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Australian Coal Association
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
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- GMR Energy Limited - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
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- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
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- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Trasteel International SA, Italy
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- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- CNBM International Corporation - China
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- Heidelberg Cement - Germany
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- Economic Council, Georgia
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- Larsen & Toubro Limited - India
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