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Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India.
The Australian firm has inked a letter of intent with Bankura Coal Co to mine coal in Raniganj, West Bengal, at a total investment of over Rs 100 crore. This is also perhaps the first instance of contract mining by a foreign company in the coal sector which is dominated by public sector major, Coal India Ltd.
Towards this, Perth-based IRL and Bankura Coal Co Ltd of West Bengal have formed an SPV to operate the underground coal mine in West Bengal for captive use.
Incidentally, India Resources has made a foray into India’s mining sector by taking up contract mining of copper for Hindustan Copper Ltd (HCL).
As part of it, IRL has been producing 300 tonnes of copper concentrates at Hindustan Copper’s Surda mines in Jharkhand.
Bankura Coal has six sponge iron companies under its wing and has been allotted a lucrative coal block in the heart of the state’s Raniganj coal belt.
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"Apart from contract mining, we would like to grow the exploration business"
Mr. Arvind Misra, MD, IRL |
The mine has total reserves of 95 million tones. India Resources will start operations at the new mine within three years.
"The output from this mine is expected to peak in the seventh year of operations when it is estimated to produce half a million tonnes of coal," Mr. Arvind Misra, Managing Director of IRL said. This is part of India Resources Ltd ’s strategic move to get into exploration side of the mining business in India. "Apart from contract mining, we would like to grow the exploration business," Mr Misra added. In step, IRL has also applied for some 15 prospecting licenses for iron ore in Orissa and Jharkhand.
"We have also applied for licence to explore lead and zinc in the Aravali project in Rajasthan," Mr Misra said.
Source: Economic Times
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Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
Saturday, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...
Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...
Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...
Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
IPFA TO JOIN INF ...
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Showing 6021 to 6025 news of total 6871 |
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- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Minerals Council of Australia
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