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, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program. ...


Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...


Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...


Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...


Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...


   1195 1196 1197 1198 1199   
Showing 5981 to 5985 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 ...

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