Korea Southern Power Co Ltd. is seeking 1.5 million tonnes of steam coal per year for delivery from October 2009 through September 2012 via a term tender. For full story, click here
South Africa’s Chamber of Mines declared the country’s coal producers and mineworkers had agreed a two-year wage deal, averting the possibility of a strike in the sector. For full story, click here
The Indian market is paying the highest prices at present for South African spot coal. For full story, click here
South Africa’s coal employers have made an improved wage hike offer to workers in the sector, the Chamber of Mines declared on Tuesday. For full story, click here
South African miner Coal of Africa Ltd has agreed to purchase the remaining 26 percent of the Vele coking coal project in South Africa. For full story, click here
South African logistics group Transnet declared a plan by its rail division to upgrade its coal line had fallen behind schedule by 12 months due to the late delivery of new locomotives. For full story, click here
Indian cement maker Ultratech has purchased 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery. For full story, click here
South Korean shipper SK Shipping Co. declared that it had won a USD 100 million deal to ship coal for a power company. For full story, click here
South Africa’s Richards Bay Coal Terminal declared the completion of a project to expand the export facility had been delayed to the fourth quarter of this year from a July 1 target. For full story, click here
In accordance with the centre’s new coal distribution policy, Goa Handicrafts, Rural and Small Scale Industries Development Corporation has inked an agreement with the South Eastern Coal Fields Ltd, giving the former a monopoly over supply of coal in the state. For full story, click here
Monday, August 10, 2009