COALSPOT.COM IS A BRAND NAME, NOT A PORTAL NAME Wednesday, 19 June 2013
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  • Indonesian 5800 GAR coal (Physical) market direction: FLAT TO WEAK - COALspot.com's self assessment (updated on 18/6/13)
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  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q4 2013 Contract - $61.65 (-0.03% dod) 18/6 8pm SG time - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q3 2014 Contract - $61.36 (0.25% dod) 18/6 8pm SG time - SGX

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Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES


Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha will acquire 400 shares in PT Sarana Marine Perkasa, located in Samarina, Kalimantan.

Itacha Resources has mandated former executive of PT Indosiar Karya Media Tbk (IDKM) Phiong Phillipus Darma as a member of Steering Committe at Itacha Resources, in East Kalimantan. Phillipus is one of the most trusted executives of Salim Group.

He was involved in the acquisition of PT Sebuku Iron Lateritic Ore, an iron ore mining company located in South Kalimantan. In addition to his current roles, Phillipus has previously held senior positions with PT Indocement Tunggal Prakarsa, the second largest cement company in Indonesia. Phillipus is also non-executive director Atlantic Ltd.

Itacha is s a company engaged in the coal mines to ownership of several mining concessions in Berau and East Kutai (Wahau). Ithaca is an operating holding company with three principal businesses: mining consulting and marketing services, coal infrastructure and investment in coal mine.
Source: Insider Stories


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Recent News

Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...


Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy The Atlantic market kept its strong position from last week.  Even with fewer fixtures reported.  Fronthauls still around 25k, wit ...


Thursday, 03 November 11
DRY BULK MARKET OFFICIALLY IN THE “RED” ON LOWER CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept falling yesterday, on lower iron ore demand, which has caused the industry’s benchmark, the BDI (Baltic Dry Index) to ...


Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013
COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ ...


Wednesday, 02 November 11
PANAMAX MARKET BECAME QUIETER AFTER THE RECENT RECOVERY - BRS
There were substantial losses across the board this week: the BDI lost 6.3% to end at 2,018 and the BCI 8.2% to end 3,274. In the smaller sizes the ...


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