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, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...


Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...


Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...


Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...


Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...


   1170 1171 1172 1173 1174   
Showing 5856 to 5860 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 ...

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