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Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after penning a contract with PT Maxidrill Indonesia.
The Perth-based company, poised to be renamed Pan Asia Corporation, mobilised a diamond drilling rig which targets high quality thermal coal deposits at the Roda Niaga Coal Project located about 10km to the west of Batulicin in Indonesia.
Sam's Seafood, which last traded at 2.3c on the Australian Stock Exchange, is expected to commence drilling of up to seven holes in days, with the option to continue drilling based on the success of these initial holes.
With the change in corporate direction, investors have had strong trading opportunities as the stock has risen 166% since August.
Last month, the company announced it had executed an option to acquire a 75% interest in the TCM Coal Project in Mantewe District, South Kalimantan, Indonesia from Innovation West.
In the latest news, drilling is targeting the down-dip position of thermal coal seams being mined in three nearby open pit mines
The Roda Niaga Coal Project covers 6,412Ha and is prospective for thermal coal deposits, given its close proximity to a number of existing open pit coal mines with exposed coal seams seen to dip shallowly into the Roda Niaga concession.
The drilling program is designed to test the thickness, position and quality of these coal seams as they extend into Roda Niaga.
Source:Proactive Investors
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Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...
Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
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- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- VISA Power Limited - India
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
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