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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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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 Mond ...
Thursday, 29 October 09
UAE FUND EYES INDIA POWER FOR INDONESIAN COAL
Reuters reported that, the UAE's Middle East Coal (MEC) is in talks to buy equity stakes in India's power plants in exchange for long-term coal su ...
Thursday, 29 October 09
CESC POSTS RS 126 CRORE (US$ 26,655,178) NET PROFIT IN QUARTER TWO
Economic Times reported that, Energy major CESC posted a marginal increase in net profit at Rs 126 crore (US$ 26,655,178) for the quarter ended Sep ...
Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian t ...
Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company ...
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- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- The University of Queensland
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
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