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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
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Wednesday, 07 October 09
COAL INDIA, SHIPPING CORP MAY FORM VENTURE TO IMPORT COAL
The venture may be on the lines of the firm that CIL plans with SAIL for coal imports in which both to hold 25%
Live Mint reported that, State-ru ...
Tuesday, 06 October 09
ASIA COAL-PRICE REBOUND TOWARDS $71 ON TENDER ACTIVITY
Reuters reported that, Prices of power-station coal in Australia, a benchmark for Asia, rose 4 percent in the latest week to near $71 a tonne, bolst ...
Tuesday, 06 October 09
BHARATHI CEMENT TO ADD 2.5 MT CAPACITY BY 2010
Business-Standard reported that, Bharathi Cement Corporation (BCC) commenced its commercial operations from its Nallalingayapalli manufacturing plan ...
Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport ministe ...
Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coa ...
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- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Australian Coal Association
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
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