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

Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...


Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...


Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...


Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...


Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...


   1164 1165 1166 1167 1168   
Showing 5826 to 5830 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 ...

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