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

Monday, 23 March 09
STRAITS TO SELL STAKE IN COAL ASSETS TO PTT -THEAUSTRALIAN.NEWS.COM
STRAITS Resources will sell a 60 per cent stake in its Indonesian coal assets to Thailand's PTT International Co. for $US335 million. The transa ...


Monday, 23 March 09
BMA TAKES 60 PCT CUT IN JAPAN COKING COAL PRICE-CITI - REUTERS
BHP Billiton Mitsubishi Alliance (BMA), the world's top coking coal exporter, has agreed to accept a discount of around 60 percent for the steel-ma ...


Sunday, 22 March 09
SHENHUA ENERGY'S 2009 COAL PRODUCTION MAY GAIN 8% - BLOOMBERG
China Shenhua Energy Co., the nation’s biggest coal producer, may increase production of the energy fuel by about 8 percent this year, slower ...


Friday, 20 March 09
INDONESIA ORDERS TEMPORARY HALT AT BAYAN COAL MINE - REUTERS
Indonesia has ordered a coal mining unit of PT Bayan Resources to temporarily stop production for operating outside approved areas, a government off ...


Friday, 20 March 09
COKING-COAL PRICE STRUCK AT $115-$125, CITIGROUP SAYS - BLOOMBERG
BHP Billiton Ltd., the world’s largest miner, agreed with Nippon Steel Corp. to benchmark coking coal prices of $115 to $125 a metric ton, Cit ...


   1365 1366 1367 1368 1369   
Showing 6831 to 6835 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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