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Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, consisting bond and loan.
CEO of PT Recapital Advisors Rosan P. Roeslani, parent of PT Bukit Mutiara and PT Berau Coal Energy, said the group will use the financing to refinance debt and prop up business expansion.
"We will offload 18.2% stakes of Berau Coal Energy into the market, targeting US$300 million in cash," he said.
Bukit Mutiara will enter the bond market in June or July. The 7 year bond is arranged by Credit Suisse.
Rosan said Berau Coal will jack up production capacity to 30 million tons of coal in 2014.
Source: Insider Stories
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Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
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- ASAPP Information Group - India
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- New Zealand Coal & Carbon
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- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
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- Banpu Public Company Limited - Thailand
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- Pipit Mutiara Jaya. PT, Indonesia
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- Electricity Authority, New Zealand
- White Energy Company Limited
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- The State Trading Corporation of India Ltd
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- SMG Consultants - Indonesia
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- Global Business Power Corporation, Philippines
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- Alfred C Toepfer International GmbH - Germany
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- The University of Queensland
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- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
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- Maheswari Brothers Coal Limited - India
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- Medco Energi Mining Internasional
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- Antam Resourcindo - Indonesia
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- Agrawal Coal Company - India
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- Directorate Of Revenue Intelligence - India
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- Planning Commission, India
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- Attock Cement Pakistan Limited
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- Bangladesh Power Developement Board
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- Wilmar Investment Holdings
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- Deloitte Consulting - India
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