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, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...


Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...


Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...


Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...


Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...


   1166 1167 1168 1169 1170   
Showing 5836 to 5840 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 ...

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