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

Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...


Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy The  BSI  regained  positive  momentum  exactly  a  week  ago  and  the  Atlantic rema ...


Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...


Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...


Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...


   1193 1194 1195 1196 1197   
Showing 5971 to 5975 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 ...

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