COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION


Insider stories  reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimantan, and PT Santan Batubara.

In a public expose material submitted to Indonesia Stock Exchange, Indika owns 46% stakes in Kideco which has coal reserves of 579 million tons with concession area of 50,400 hectares. In Kalimantan Barat's coal asset, Indika controls 90% stakes at 34,200 hectares concession area.

Through PT Petrosea Tbk (PTRO), Indika owns 50% stakes in Santan Batubara with 264 million tons of coal reserves.

Kideco Expansion
At the end of March 2010, Kideco, Indonesia's third largest coal mining company, produced 6.9 million tons of coal with overberden removal of 44.8 million bcm. Kideco's strip ratio reached 6.49.

Kideco has bought equipments such as dumptrucks, excavator, and the others. It has improved crushing plant and loading facilities. Kideco has initiated development of Samarangau pit which has the largest coal reserves at Kideco's concession area.

Samarangau is estimated to have coal resouces of 694 million tons and 348 million tons of coal reserves. 

Santan Production
Santan Batubara is a joint venture between Petrosea, coal mining contractor acquired by Indika mid last year, and PT Harum Energy, a coal mine company owned by Indonesian tycoon Kiki Barki. Petrosea is responsible for coal mining contract and Harum Energy holds Santan's coal marketing.

Santan has commenced a commercial production in March 2009 by mining 1.25 million tons of coal. Santan has signed five contracts of overburden removal with Petrosea. The first productions this year and 2011 are estimated to obtain 2.5 million tons of coal annually.

In mrach 2010, Santan posted US$43.79 million in revenue and recorded 660,456 tons of coal in sales.

Santan has current production capacity of 200,000 tons per month in a bid to provide coals for customers in the local market, India, Korea, and others.  
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...


Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...


Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...


Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...


Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...


   1096 1097 1098 1099 1100   
Showing 5486 to 5490 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Global Business Power Corporation, Philippines
  • Aboitiz Power Corporation - Philippines
  • Freeport Indonesia
  • Salva Resources Pvt Ltd - India
  • HSBC - Hong Kong
  • Rio Tinto Coal - Australia
  • TeaM Sual Corporation - Philippines
  • Humpuss - Indonesia
  • The Treasury - Australian Government
  • Manunggal Multi Energi - Indonesia
  • Asia Cement - Taiwan
  • Mintek Dendrill Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Permata Bank - Indonesia
  • White Energy Company Limited
  • Vijayanagar Sugar Pvt Ltd - India
  • Banpu Public Company Limited - Thailand
  • Minerals Council of Australia
  • Ince & co LLP
  • Gujarat Sidhee Cement - India
  • APGENCO India
  • The India Cements Ltd
  • Therma Luzon, Inc, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • IBC Asia (S) Pte Ltd
  • Inspectorate - India
  • Interocean Group of Companies - India
  • Bulk Trading Sa - Switzerland
  • Straits Asia Resources Limited - Singapore
  • Latin American Coal - Colombia
  • Asmin Koalindo Tuhup - Indonesia
  • JPMorgan - India
  • SMG Consultants - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • PowerSource Philippines DevCo
  • Economic Council, Georgia
  • Uttam Galva Steels Limited - India
  • Sojitz Corporation - Japan
  • SN Aboitiz Power Inc, Philippines
  • Kobe Steel Ltd - Japan
  • Coaltrans Conferences
  • Sakthi Sugars Limited - India
  • Shree Cement - India
  • Barclays Capital - USA
  • IHS Mccloskey Coal Group - USA
  • Goldman Sachs - Singapore
  • Panama Canal Authority
  • Heidelberg Cement - Germany
  • Eastern Coal Council - USA
  • Australian Commodity Traders Exchange
  • KEPCO - South Korea
  • RBS Sempra - UK
  • Price Waterhouse Coopers - Russia
  • Trasteel International SA, Italy
  • Kepco SPC Power Corporation, Philippines
  • Clarksons - UK
  • Posco Energy - South Korea
  • PLN - Indonesia
  • Mitsubishi Corporation
  • GN Power Mariveles Coal Plant, Philippines
  • Qatrana Cement - Jordan
  • Cardiff University - UK
  • Indian School of Mines
  • Kobexindo Tractors - Indoneisa
  • European Bulk Services B.V. - Netherlands
  • SASOL - South Africa
  • Orica Australia Pty. Ltd.
  • Samtan Co., Ltd - South Korea
  • Argus Media - Singapore
  • Medco Energi Mining Internasional
  • Arutmin Indonesia
  • TANGEDCO India
  • CoalTek, United States
  • Savvy Resources Ltd - HongKong
  • SMC Global Power, Philippines
  • Indian Oil Corporation Limited
  • Maruti Cements - India
  • Coal and Oil Company - UAE
  • IOL Indonesia
  • Altura Mining Limited, Indonesia
  • Indogreen Group - Indonesia
  • Ministry of Transport, Egypt
  • Petrosea - Indonesia
  • Vitol - Bahrain
  • Mercuria Energy - Indonesia
  • Coeclerici Indonesia
  • Samsung - South Korea
  • GVK Power & Infra Limited - India
  • Formosa Plastics Group - Taiwan
  • Chamber of Mines of South Africa
  • Sinarmas Energy and Mining - Indonesia
  • Eastern Energy - Thailand
  • Intertek Mineral Services - Indonesia
  • Russian Coal LLC
  • Standard Chartered Bank - UAE
  • TNPL - India
  • Baramulti Group, Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Semirara Mining and Power Corporation, Philippines
  • Directorate Of Revenue Intelligence - India
  • Petrochimia International Co. Ltd.- Taiwan
  • J M Baxi & Co - India
  • Adani Power Ltd - India
  • Merrill Lynch Commodities Europe
  • SUEK AG - Indonesia
  • ASAPP Information Group - India
  • New Zealand Coal & Carbon
  • KPMG - USA
  • Gupta Coal India Ltd
  • Larsen & Toubro Limited - India
  • Pinang Coal Indonesia
  • Borneo Indobara - Indonesia
  • Malabar Cements Ltd - India
  • KOWEPO - South Korea
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Peabody Energy - USA
  • GB Group - China
  • San Jose City I Power Corp, Philippines
  • Mitsui
  • Energy Development Corp, Philippines
  • Bangladesh Power Developement Board
  • Rudhra Energy - India
  • SGS (Thailand) Limited
  • Cosco
  • ICICI Bank Limited - India
  • Cemex - Philippines
  • globalCOAL - UK
  • World Coal - UK
  • Gujarat Mineral Development Corp Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • McKinsey & Co - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Meralco Power Generation, Philippines
  • Indika Energy - Indonesia
  • Total Coal South Africa
  • Independent Power Producers Association of India
  • Directorate General of MIneral and Coal - Indonesia
  • SRK Consulting
  • Planning Commission, India
  • Geoservices-GeoAssay Lab
  • PTC India Limited - India
  • Platou - Singapore
  • Parliament of New Zealand
  • Aditya Birla Group - India
  • Wood Mackenzie - Singapore
  • Central Java Power - Indonesia
  • Moodys - Singapore
  • PNOC Exploration Corporation - Philippines
  • Tata Chemicals Ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • Bank of America
  • Thermax Limited - India
  • ANZ Bank - Australia
  • Maheswari Brothers Coal Limited - India
  • Indorama - Singapore
  • Coal India Limited
  • Coastal Gujarat Power Limited - India
  • Reliance Power - India
  • Jorong Barutama Greston.PT - Indonesia
  • Vedanta Resources Plc - India
  • Orica Mining Services - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Britmindo - Indonesia
  • Cargill India Pvt Ltd
  • Idemitsu - Japan
  • Coalindo Energy - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Adaro Indonesia
  • Ernst & Young Pvt. Ltd.
  • Semirara Mining Corp, Philippines
  • LBH Netherlands Bv - Netherlands
  • Wilmar Investment Holdings
  • Bhatia International Limited - India
  • DBS Bank - Singapore
  • ACC Limited - India
  • Port Waratah Coal Services - Australia
  • bp singapore
  • Sarangani Energy Corporation, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Thiess Contractors Indonesia
  • Jaiprakash Power Ventures ltd
  • GMR Energy Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Deutsche Bank - India
  • Makarim & Taira - Indonesia
  • Inco-Indonesia
  • Mjunction Services Limited - India
  • The State Trading Corporation of India Ltd
  • Sucofindo - Indonesia
  • Mitra SK Pvt Ltd - India
  • IEA Clean Coal Centre - UK
  • Credit Suisse - India
  • TRAFIGURA, South Korea
  • OPG Power Generation Pvt Ltd - India
  • Tata Power - India
  • Billiton Holdings Pty Ltd - Australia
  • South Luzon Thermal Energy Corporation
  • UOB Asia (HK) Ltd
  • CNBM International Corporation - China
  • Chettinad Cement Corporation Ltd - India
  • Binh Thuan Hamico - Vietnam
  • Bharathi Cement Corporation - India
  • Power Finance Corporation Ltd., India
  • Karbindo Abesyapradhi - Indoneisa
  • Cement Manufacturers Association - India
  • Grasim Industreis Ltd - India
  • Thomson Reuters GRC
  • Ceylon Electricity Board - Sri Lanka
  • MS Steel International - UAE
  • Kideco Jaya Agung - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • ING Bank NV - Singapore
  • Africa Commodities Group - South Africa
  • Bukit Makmur.PT - Indonesia
  • Enel Italy
  • Tamil Nadu electricity Board
  • Riau Bara Harum - Indonesia
  • Bangkok Bank PCL
  • WorleyParsons
  • EIA - United States
  • Runge Indonesia
  • TGV SRAAC LIMITED, India
  • London Commodity Brokers - England
  • Georgia Ports Authority, United States
  • BNP Paribas - Singapore
  • Mechel - Russia
  • Cebu Energy, Philippines
  • Romanian Commodities Exchange
  • World Bank
  • VISA Power Limited - India
  • Meenaskhi Energy Private Limited - India
  • PLN Batubara - Indonesia
  • Gresik Semen - Indonesia
  • BRS Brokers - Singapore
  • Xindia Steels Limited - India
  • Madhucon Powers Ltd - India
  • Bhoruka Overseas - Indonesia
  • Energy Link Ltd, New Zealand
  • Lanco Infratech Ltd - India
  • Siam City Cement - Thailand
  • Lafarge - France
  • Thai Mozambique Logistica
  • Vale Mozambique
  • Coal Orbis AG
  • AsiaOL BioFuels Corp., Philippines
  • U S Energy Resources
  • India Bulls Power Limited - India
  • Marubeni Corporation - India
  • Miang Besar Coal Terminal - Indonesia
  • Merrill Lynch Bank
  • Ministry of Finance - Indonesia
  • Jatenergy - Australia
  • PetroVietnam
  • Shenhua Group - China
  • International Coal Ventures Pvt Ltd - India
  • Essar Steel Hazira Ltd - India
  • Indonesian Coal Mining Association
  • Thailand Anthracite
  • GNFC Limited - India
  • Japan Coal Energy Center
  • Agrawal Coal Company - India
  • Noble Europe Ltd - UK
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Antam Resourcindo - Indonesia
  • Berau Coal - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • NALCO India
  • CIMB Investment Bank - Malaysia
  • Australian Coal Association
  • PetroVietnam Power Coal Import and Supply Company
  • Kartika Selabumi Mining - Indonesia
  • EMO - The Netherlands
  • Sindya Power Generating Company Private Ltd
  • Glencore India Pvt. Ltd
  • Deloitte Consulting - India
  • Xstrata Coal
  • Pipit Mutiara Jaya. PT, Indonesia
  • Singapore Mercantile Exchange
  • Videocon Industries ltd - India
  • UBS Singapore
  • Indo Tambangraya Megah - Indonesia
  • Simpson Spence & Young - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Jindal Steel & Power Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • NTPC Limited - India
  • Platts
  • Arch Coal - USA
  • Oldendorff Carriers - Singapore
  • Surastha Cement
  • Parry Sugars Refinery, India
  • Electricity Authority, New Zealand
  • Indonesia Power. PT
  • CCIC - Indonesia
  • Thriveni
  • Iligan Light & Power Inc, Philippines
  • Bukit Baiduri Energy - Indonesia
  • Infraline Energy - India
  • Sree Jayajothi Cements Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • KPCL - India
  • Maersk Broker
  • Edison Trading Spa - Italy
  • Dalmia Cement Bharat India
  • JPower - Japan
  • OCBC - Singapore
  • Vizag Seaport Private Limited - India
  • Bank of China, Malaysia
  • GHCL Limited - India
  • The University of Queensland
  • Pendopo Energi Batubara - Indonesia
  • Tanito Harum - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Central Electricity Authority - India
  • ETA - Dubai
  • Attock Cement Pakistan Limited
  • Timah Investasi Mineral - Indoneisa
  • IMC Shipping - Singapore
  • Ministry of Mines - Canada
  • Globalindo Alam Lestari - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Kumho Petrochemical, South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • Krishnapatnam Port Company Ltd. - India
  • Siam City Cement PLC, Thailand
  • Indian Energy Exchange, India
  • Bhushan Steel Limited - India
  • Ambuja Cements Ltd - India
  • Petron Corporation, Philippines
  • McConnell Dowell - Australia
  • Core Mineral Indonesia
  • Commonwealth Bank - Australia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Global Coal Blending Company Limited - Australia
  • Carbofer General Trading SA - India
  • Metalloyd Limited - United Kingdom
  • CESC Limited - India
  • Anglo American - United Kingdom
  • Toyota Tsusho Corporation, Japan
  • Mercator Lines Limited - India
  • Maybank - Singapore
  • Sical Logistics Limited - India
  • Renaissance Capital - South Africa
  • Gujarat Electricity Regulatory Commission - India
  • Star Paper Mills Limited - India
  • Electricity Generating Authority of Thailand
  • Asian Development Bank
  • Barasentosa Lestari - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Malco - India
  • MEC Coal - Indonesia
  • Fearnleys - India
  • Karaikal Port Pvt Ltd - India