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, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...


Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...


Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...


Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...


Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy After  a  quiet  end  to  last  week,  the  Atlantic  handysize  market  continued&nb ...


   1157 1158 1159 1160 1161   
Showing 5791 to 5795 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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