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

Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays. BDI INDEX ...


Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme. "With th ...


Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...


Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010 * Logistics woes hamper SAfrica exports, India imports India's steam coal imports ar ...


Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...


   1207 1208 1209 1210 1211   
Showing 6041 to 6045 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 ...

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