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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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Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...
Friday, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...
Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...
Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...
Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...
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- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- SMG Consultants - Indonesia
- Australian Coal Association
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- The University of Queensland
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