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

Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...


Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...


Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...


Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders * End-users wait for price falls before tendering Indian coal traders responsible for the bulk of ...


Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged * April DES cargo trades at $74.75 a tonne, down $1/T * Russia's Kuzbassrazrezugol sees ...


   1201 1202 1203 1204 1205   
Showing 6011 to 6015 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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