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

Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...


Monday, 08 November 10
INDONESIAN HBA HAS INCREASED TO $ 95.51 PER TON FOR NOVEMBER LOADING
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


Sunday, 07 November 10
THE SUPRAMAX INDEX IN THE FAR EAST CONTINUED TO BE UNDER PRESSURE - CAPT. REDDY
COALspot.com: The freight market continued to remain soft and all segments were down by almost about 6 pct. The BDI and Cape Size index was down ...


Saturday, 06 November 10
DRY BULK MARKET LACKING SUPPORT TO SUSTAIN CURRENT LEVELS, BUT PANAMAX OWNERS ARE MORE FORTUNATE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Posting its fifth straight losing session, the dry bulk market benchmark, the BDI (Baltic Dry Index) was down yesterday by another 1.26% to 2510 poi ...


Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a maj ...


   1106 1107 1108 1109 1110   
Showing 5536 to 5540 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 ...

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