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Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
 Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for its proposed plan to transport coal by barge along the Zambezi river, in Mozambique, to that country’s government during the second half of next year.
The company on Monday said that it had completed a series of studies on the Zambezi river to confirm the viability of large-scale barging of coal to an offshore floating transloading vessel, adding that it had found no physical impediments to coal barging on the river.
However, it highlighted that some dredging might be required on some sections of the river.
The implementation of large-scale barging would be dependent on the completion and approval of an EIS and an environmental management plan, the licensing of barging and transloading operations over 560 km between Tete and Chinde and stakeholder and community consultation in the Zambezi river valley.
An EIS had started in August, while stakeholder consultation with communities and government in Tete, Chimoio, Beira and Maputo had been held in September.
The coal-miner planned also to continue with further specialist studies during the current quarter, it said in a statement.
ZAMBEZE PROJECT
Meanwhile, the company also reported that it had completed the first coal resource estimates for its Zambeze project, near Tete, in Mozambique, which would be Riversdale’s second coal project in the Moatize basin.
The project, which is situated adjacent to the miner’s Benga coal project, had an estimated total coal resource of 1,7-billion tons.
“The considerable effort of our team in Mozambique has now delivered another potential tier-one project with similar coal to Benga, yet likely to be a significantly larger scale operation. A second coking coal project of this size positions Riversdale Mining as a preferred supplier to the steel industry in the rapidly developing markets of Brazil and India,” executive chairperson Michael O’Keeffe commented.
The Benga project, which was a joint venture between Riversdale and India’s Tata Steel, was expected to produce about 1,7-million tons a year of hard coking coal and 0,3-million tons a year of export thermal coal when stage-one mine production starts in early 2011.
Riversdale noted that the tenement for the Zambeze project was close to all major required infrastructure, including: power, water, roads, rail, an international airport and direct access to the Zambezi river.
The project could potentially produce export hard coking coal as well as a secondary thermal coal product suitable for the Indian and African markets.
An extensive drilling programme and coal quality and market studies would now be undertaken to determine the feasibility of a large-scale openpit development.
Source: Mining Weekly
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Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...
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- McConnell Dowell - Australia
- PTC India Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
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- Aboitiz Power Corporation - Philippines
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- Economic Council, Georgia
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- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
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- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
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- Global Business Power Corporation, Philippines
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- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
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- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
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- VISA Power Limited - India
- Energy Development Corp, Philippines
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- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
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- Australian Coal Association
- Singapore Mercantile Exchange
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- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
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- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Bhatia International Limited - India
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- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
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- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
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- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Goldman Sachs - Singapore
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