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

Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542  MT of coal in April  2010, compare to 27.61 million tons in ...


Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...


Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...


Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...


Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...


   1165 1166 1167 1168 1169   
Showing 5831 to 5835 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 ...

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