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, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million * Expect to complete the deal in the fourth quarter of 2009 * Delta Dunia has appointed Barclays Ca ...


Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...


Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions * Expects one deal to be completed by the end of 2009 Reuters world's largest international ...


Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons. Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...


Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009  the steam coal prices sank massive in comparison to the previous years quart ...


   1296 1297 1298 1299 1300   
Showing 6486 to 6490 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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