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, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...


Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...


Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...


Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...


Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...


   1109 1110 1111 1112 1113   
Showing 5551 to 5555 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 ...

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