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, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release  – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...


Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...


Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...


Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...


Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase * Will use mine to increase exports to Asia * Says delays at ports will not c ...


   1232 1233 1234 1235 1236   
Showing 6166 to 6170 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 ...

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