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, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010


* First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track


Reuters reported that, Coal of Africa (CoAL) said on Monday it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a license as expected this quarter.

The company had earlier predicted for the license to be granted within the third quarter.

Vele will initially produce up to 1 million tonnes of coal per year, to be ramped up to 5 million tonnes, and supply steel maker ArcelorMittal SA and exports.

"The Company expects the granting of a New Order Mining Right for its Vele coking coal project before the end of 2009 and production is expected to follow within four months of receiving the required legislative approval," Managing Director Simon Farrell said in a statement.

CoAL said it has railed and sold first coal from its Mooiplaats thermal coal project also in South Africa, with production in September reaching 30,000 tonnes of run of mine.

The miner has said it expects Mooiplaats to reach an annual run of mine production of 1.7 million tonnes by 2010, ramping up to 3.2 million tonnes by 2014.

Coal from Mooiplaats is expected to be railed to the Matola Terminal in Maputo, Mozambique, from where shipping is expected to commence by the end of this year.

CoAL said it had signed an off-take agreement with Traxys, a global mineral marketing company, for 35 percent of the export quality thermal coal from Mooiplaats.

The company said it has agreed the terms for a further 35-percent offtake with another global trader, with an agreement seen by end of 2009. CoAL is in talks with logistics group Transnet to increase its rail allocation on the lines to the Matola terminal via a public-private partnership (PPP) deal.

The company's export allocation at the port stands at 1 million tonnes per annum, to be expanded to 3 million tonnes by late 2010 and with the potential to reach 13 million tonnes following an expansion of the export terminal.

"I am optimistic that the railways PPP initiative will ensure that the Company will be able to deliver significant tonnage of coal to the international and domestic markets," Farrell said.

Shares in CoAL were trading up 0.28 percent at 14.50 rand by 0744 GMT, roughly in line with the JSE Top-40 blue-chip index
Source:Reuters



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

Recent News

Monday, 30 January 17
DUE TO LUNAR YEAR HOLIDAYS, THE FREIGHT MARKET STAYED WEAK
COALspot.com: Due to Lunar year holidays and celebration, the Freight market was down in all segments this past week. The Baltic Exchange, tra ...


Friday, 27 January 17
U.S WEEKLY COAL OUTPUT RISES FOR THIRD STRAIGHT WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...


Wednesday, 25 January 17
MARKET INSIGHT - KONSTANTINOS KAKAVITSAS
Remember that old but classic song called “Destination Unknown”? Well that is where the oil market is heading right now. The song made ...


Tuesday, 24 January 17
MARKET UPDATE - ALLIED
This week at the World Economic Forum in the Swiss resort of Davos we had a historic first via the attendance and speech given by China’s pre ...


Monday, 23 January 17
THE PORT OF NEWCASTLE SHIPPED $AU 15.279 BILLION WORTH OF 161.399 MILLION TONS OF COAL IN 2016
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,453.1 M ...


   427 428 429 430 431   
Showing 2141 to 2145 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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