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Business Description: Blackgold International Holdings Limited (BGG) operates across coal mining, coal trading, coal distribution and assimilated use of coal resources through its subsidiaries. Its subsidiaries include Blackgold Holdings HongKong Limited, Chongqing Heijin Industrial Co. Ltd, Chongqing Guoping Shang Mao Trading Co. Ltd, Chongqing Caotang Coal Mine Resources Development Co. Ltd and Chongqing Guoping Heiwan Resources Development Co. Ltd.
Strategy Analysis: BGG aims to acquire other viable coal mines in the vicinity of its existing mines as well as become a fully integrated coal producer and supplier. The company also aims to expand the scale and scope of the Group's coal trading business to include the importation of coal for sale in China from other coal producing countries such as Indonesia and Australia.
The Age 22/05/2013 |
A piece of broker research came out last week that described the budget as a sensible one but an almost suicidal one for a government four months out from an election. Instead of trying to buy votes, it seemed intent instead on putting as many noses out of joint as it possibly could.
The Age 22/05/2013 |
In last week's budget, the government missed what will probably be its last opportunity to make the superannuation system fairer and more sustainable. While the government made some tough decisions, such as reneging on promised tax cuts, one of the fastest-growing expenses is the tax concessions for superannuation.
The Age 22/05/2013 |
Baby, forget the bonus. With tax concessions gone the federal government's budget could also affect your health, writes John Collett.
The Age 22/05/2013 |
Last week's budget was a bit of aho-hum affair on many levels related to superannuation, because most of the changes to the system had been announced back in April. The transfer of the Baby Bonus into an extra (reduced) payment for families eligible for Family Tax Benefit Part A, has drawn the light fairly and squarely on the costs of bearing and raising children. The recent debate about the opposition's Paid Parental Scheme versus the government's less-generous scheme has added fuel to the fire.
The Age 22/05/2013 |
Tradies caught out by the collapse of National Buildplan Group have called for a financial "rescue" package and an investigation into the failure of the company.
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