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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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Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...
Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
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- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Planning Commission, India
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- PTC India Limited - India
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
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