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, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...


Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade *ASX says futures could present new arbitrage opportunities The debut of Australia ...


Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
 COALspot.com (Germany):  World Coal Market  According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...


Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...


Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier. Export ...


   1322 1323 1324 1325 1326   
Showing 6616 to 6620 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 ...

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