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, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...


Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...


Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter" The Decembe ...


Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...


Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in  India ...


   1209 1210 1211 1212 1213   
Showing 6051 to 6055 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 ...

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