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Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
 Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have bottomed out in most commodity sectors, with stimulus measures supporting growth.
Chinese stimulus measures have supported fixed-asset investment, which in turn has improved prices for most commodities since the start of 2016. For 2017 Fitch expects fixed-asset investment in China to stabilise and forecast fixed investment growth of 4.4% in the same year (2016: 5.7%) which means that prices are unlikely to return to the 4Q15 levels.
In our view, Fitch says, the price trends for individual commodity sub-sectors in 2017 remain mixed. The strongest price outlook is for Nickel and Zinc, reflecting the expected physical supply deficits in these markets. Fitch expects iron ore prices to decline to reflect an oversupplied market, and for coal prices to retreat from current levels as mines reopen and production increases. For copper Fitch Ratings expects a large physical surplus in 2017, and although the majority of this will come on-stream in 1Q17 prices should improve throughout the year.
While most mining companies continue to have weak credit profiles for their current ratings, Fitch says, they see improvement in 2017, as they continue to focus on reducing debt. This will likely result in a revision of a number of Outlooks to Stable from Negative throughout the year.
For 2017, Fitch expects mining companies to mainly focus on operating cost savings, given less capacity for further cut capex. If prices strengthen, Fitch Says, they believe companies may be tempted to increase capex and exploration or restart/pay higher dividends.
Fitch also expect a reversal of the FX and oil price trends seen in the past one to two years.
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Monday, 14 November 16
DUNIA MAKMUR SUBSIDIARY BAGS MINING SERVICE CONTRACT WORTH $ 282.63 MILLION
PT Bukit Makmur Mandiri Utama (BUMA), has signed a life of mine contract with PT Tadjahan Antang Mineral (TAM) with a contract value of approximate ...
Monday, 14 November 16
THE CAPE INDEX ROSE 44.57 PER CENTS TO 2303 POINT WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose slightly and ending in a positive note this past wee ...
Friday, 11 November 16
INDONESIAN 4200 GAR COAL IS THE MOST ATTRACTIVE COAL IN TODAY'S MARKET - OPINION POLL
“ Which coal type of Indonesian origin do you find the most attractive in today's market?”
The on-line opinion poll conducted ...
Friday, 11 November 16
WEEKLY U.S. COAL OUTPUT FELL SLIGHTLY W/E NOVEMBER 5
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.9 million short ton ...
Thursday, 10 November 16
WILL TRUMP VICTORY PROVIDE A BOOST FOR HYDROCARBON & COAL INDUSTRIES? - DOUGLAS-WESTWOOD
Donald Trump’s surprise victory ends months of an adversarial presidential campaign with bitter disagreements between the two major candidate ...
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Showing 2216 to 2220 news of total 6871 |
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- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Economic Council, Georgia
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Australian Coal Association
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
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