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
Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010


Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), will accomplish acqusition of two coal mine companies in South Kalimantan in the second half this year. 

Speaking after annual general shareholder meeting, United Tractors' Corporate Secretary Sarah Loebis said Pamapersada has completed due diligence for two mining companies. "We will close the acquisitiond deal in the second half this year," she said.

Pamapersada has entered into shares sale agreement on January 14 2010 in a bid to acquire 30% stakes in two coal mining companies namely PT Asmin Bara Bronang and PT Asmin Bara Jaan with shareholders of both companies PT Mandira Sanni Pratama and PT Andalan Teguh Berjaya.

Both coal mining companies own coal concession areas in Kapuas and Murung Raya, Central Kalimantan. The acquisition deal is worth US$40.1 million and Rp75 million.

In January 2010, Pamapersada has paid US$11.6 million in cash and put US$28.6 million in escrow account which will be drawn down maximum in the next 12 months based on shares sale agreement.

In January 2010, Mandira Sanni Pratama was controlling share holder of a wounded sea transportation company PT Arpeni Pratama Ocean Line Tbk (APOL), while PT Ayrus Prima owned 21.04% stakes, Morgan Stanley & Co held 9,81%, and Melon S/A Cundill Recovery FD owned 8.30%, DEG 8.67%, and public holders held the remaining.
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...


Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...


Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...


Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...


Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542  MT of coal in April  2010, compare to 27.61 million tons in ...


   1164 1165 1166 1167 1168   
Showing 5826 to 5830 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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