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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, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...
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- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
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