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The effective tax rate for the second quarter of 2010 was 10.0%, compared to 10.4% for the same period in 2009. Included in the income tax expense for the quarter ended June 30, 2010 was a deferred income tax benefit of $0.1 million as a result of the amortization of intangible assets of $0.8 million.

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puda coal closes jianhe coal mine acquisition OpinionSDNY Blog. Jun 17, 2014Until April 2011, Puda Coal Inc39;s (quot;Pudaquot;) ... 2011, closingwashing operations,for the acquisition of Jianhe Coal mine…

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puda coal closes jianhe coal mine acquisition Puda Coal Closes Jianhe Coal Mine Acquisition TAIYUAN, China, Dec 7 /PRNewswire-Asia-FirstCall/ -- Puda Coal, Inc (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China, today announced the closing of its 18% equity transfer agreement with Shanxi Jianhe Coal Industry Limited .

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Puda Coal Closes Jianhe Coal Mine Acquisition; List Of Iron Ore Pelletization Plants In India; Online Consulting. Get Latest Price. E-mail Address [email protected] Office Address. Zhengzhou High-tech Zone, China. Leave Us Message. If you have any needs, you can write to us. We will do Try to solve the problem as quickly as possible.

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Don't forget that there is a coal mine consolidation party in that neck of the woods. It's my belief that you'll be lucky if you see these prices ever again as Puda is currently floating above $5 ...

Puda Coal Acquires 18% Interest of a Coal Mine in Shanxi ...

"Our participation in Jianhe Coal further solidifies our strategic plan to acquire coal mines opportunistically and position Puda Coal for strong growth, and we are gaining ground in our strategy to enter into the coal mining industry," said Mr. Liping Zhu, President and CEO of Puda Coal. He added, "given the mine's close proximity to ...

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puda coal closes jianhe coal mine acquisition first coal mine in belampalli - availablebursaries bellampalli coal mine sccl – Grinding Mill China History [edit] Bellampalli is noted for its coal mines belonging to Singareni Collieries Company LimitedIn entire Telangana Bellampalli has the maximum nuumber of coal mines and opencast minThe ...

PUDA Stock Technical Analysis | Puda Coal New ...

Puda Coal, Inc., through its indirect equity ownership in Shanxi Puda Coal Group Co., Ltd., supplies metallurgical coking coal in the People's Republic of China. Its processed coking coal is used by coke and steel producers for the purpose of making the coke required for the steel manufacturing process.

Puda Coal, Inc. Receives $14.6 Million Loan Commitment ...

TAIYUAN, SHANXI PROVINCE, China, February 11, 2010 – Puda Coal, Inc. (NYSE Amex: PUDA), ("Puda Coal", the "Company") a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China and a coal mine consolidator of 8 coal mines in Pinglu County, Shanxi Province today announced that Ming Zhao, Chairman of Puda Coal, committed to providing the ...

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coal used to produce coke for steel production in the People's Republic of China ("PRC") and further claimed to have been appointed by the government of the PRC as a designated acquirer and consolidator of two coal mine consolidation projects, the Pinglu and Jianhe projects. Puda is liable as a direct participant in a fraudulent scheme and

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Our primary supplier of high quality raw coking coal is Liulin Jucai Coal Industry Co. Ltd. ("Jucai Coal"), a coal mine that is currently owned 75% by Yao Zhao, Ming Zhao's brother and a manager of the coal washing plants of Shanxi Coal, who owns approximately 13.13% of Puda (10.53% after the Conversion).

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Puda Coal . and, the best in my opinion, ... The company recently raised $13 million in a common stock offering priced at $4.75 per share to fund the acquisition of two new coal mines…

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Endeavour Mining, west Africa's largest Gold producer, announced on October 16 that it was buying Teranga Gold in a C $2.44 billion (US $1.86 billion), all-share deal. Under the Agreement, each Teranga Gold share will be converted into 0.47 Endeavour Mining shares, representing a 5.1 per cent premium to The closing price of Teranga Gold on Friday.

Six years on, PUDA fails to provide road connectivity to ...

Coal minister chairs Par panel's meet to discuss way ahead for Jharia Master Plan; Coal production limps back to normal, power crisis over: Experts; US, EU, Australia, Canada agree to end export credit support for coal power; Rajasthan's coal mine in …

In re Puda Coal Sec. Inc., 11-cv-2598 (KBF) | Casetext ...

MSHK's 2009 Audit Planning Memorandum noted that one of the transactions into which it had entered (an acquisition of 18% of Shanxi Jianhe Coal Limited), as well as Shanxi Coal's appointment as a "coal mine consolidator," presented significant accounting and auditing issues. (Id. ¶¶ 67, 70.) As part of its 2009 audit, MSHK reviewed the Jianhe ...

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The facility supports 10 coal mines. The center is attached to the Kuzvbass After-Sales Center. The performance of the machines in operation is a priority and this is why has invested some 5 million Euro into the program. For further information contact Barbara Lange at +33 (389) 21 39 22 or email at Barbara.Lange@.

Puda Coal, Inc. - FORM 10-Q - November 13, 2009

On May 14, 2009, Shanxi Coal entered into an agreement of shares transfer with two unrelated individuals to purchase their equity, constituting 18% ownership, in Shanxi Jianhe Coal Industry Limited Company ("Jianhe Coal") for an aggregate purchase price of …

Unassociated Document - SEC

In connection with the above coal mine acquisition and consolidation plan, on December 11, 2009, Shanxi Coal entered into a Mining Right and Mining Assets Transfer Agreement with Pinglu County Da Wa Coal Industry Co., Ltd., or Da Wa Coal, pursuant to which Shanxi Coal will purchase from Da Wa Coal all its tangible assets and coal mining rights ...

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It is owned by the Heilongjiang Longmei Mining Holding Group, making it larger than most operations where colliery accidents occur. In the first half of this year, 1,175 people died in officially recorded coal mine accidents across China, a fall of 18.4% compared to the same time last year, according to the State Administration of Coal Mine Safety.

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Unassociated Document

On June 25, 2010, Shanxi Coal closed a mining right and mining assets transfer agreement dated December 11, 2009 with Da Wa Coal Industry Co., Ltd. ("Da Wa Coal"), pursuant to which Shanxi Coal purchased from Da Wa Coal all its tangible assets and coal mining right with respect to a coal mine located in Pinglu County, Shanxi Province.

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The target coal mines are about 200km south of Puda Coal's headquarters and 50km from the company's Lingshi coal washing plant. The coal in that area is fat coal and coking coal. The fat coal can be used as raw coal for making cleaned coal or as high quality thermal coal for power plants.

Archive of Trading China

Coal revenues were higher by almost 1000% over the year due to the fact that their coal mine was partially closed in 2009. However, China Energy is well on track to reach their net income guidance of $17 million to $18 million for 2010, which translates into earnings per share of about $0.40 and a current P/E ratio of 5.

08:01:18 Today PUDA PRESS RELEASE: Puda Coal

Shanxi Jianhe Coal Industry Limited Company ("Jianhe Coal") in the near future. Jianhe Coal is the largest mine of the four target coal mines to be consolidated under Jianhe Project. In May 2009, Shanxi Coal acquired an 18% interest in Jianhe Coal for …

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