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

Friday, 06 March 09
CHURCHILL STARTS REVERSE DRILLING AT INDONESIAN COAL PROJECT
Miningweekly reported that, Aim-listed minerals explorer Churchill Mining on Thursday stated that reverse drilling at its East Kutai coal project (E ...


Thursday, 05 March 09
UAE FUND PLANS INDONESIA COAL RAIL LINK
News.alibaba reported that, A United Arab Emirates' fund signed a memorandum of understanding on Monday (2 March 2009) with an Indonesian prov ...


Thursday, 05 March 09
CHINA COAL-PRICES LITTLE CHANGED DESPITE PLUNGE ABROAD
China's spot coal prices were little changed from a week earlier, despite the sharp fall in the international market, and demand for coal remains s ...


Thursday, 05 March 09
RAK TO BUILD COAL FIRED POWER STATION
The National Ras al Khaimah, which is developing a coal mine in Indonesia, will build a coal-fired power plant in the emirate in the next two years ...


Wednesday, 04 March 09
COAL: GLOBAL DEMAND WEAKENS
The Jakarta Post reported that, While coal prices were stickier on the way down compared to other commodities like oil, the Newcastle price now sugg ...


   1370 1371 1372 1373 1374   
Showing 6856 to 6860 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 ...

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