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
Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL


Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million) bid for its stake in Siyanda Coal Ltd., a transaction that would end the need to raise cash in a rights offer.

The stock added as much as 66 cents, or 23 percent, to 3.51 rand, and traded at 3.38 rand as of 11:46 a.m. in Johannesburg. Sentula’s board accepted a conditional offer from a Noble Group Ltd. venture for its 49.9 percent stake in the Koornfontein coal mine operated by Siyanda, the company said in a stock exchange statement today.

Sentula needs to pay 400 million rand to its funders by Nov. 30 or “incur significant penalties on its existing debt,” it said. The sale depends on how fast the buyers complete a due diligence study of the mine, Sentula said.

“Significant progress” has been made regarding the company’s proposed 500 million-rand rights offer, it said. The rights offer may be abandoned if Koornfontein can be sold in time.

Sentula has until Oct. 30 to scrap the share sale. The disposal of the mine is the company’s preferred means of recapitalization, it said.
Source: Paguntaka



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

Recent News

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 ...


   1270 1271 1272 1273 1274   
Showing 6356 to 6360 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 ...

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