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

Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK Handy Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect  some  fresh  enquiries  f ...


Thursday, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...


Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...


Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
  Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...


Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...


   1156 1157 1158 1159 1160   
Showing 5786 to 5790 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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