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, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...


Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...


Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters  reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...


Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...


Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...


   1176 1177 1178 1179 1180   
Showing 5886 to 5890 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 ...

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