We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 24 June 10
INDONESIAS BUMI DECLARED US$ 57.1 MILLION (AMOUNTING TO 30% OF 2009 NET INCOME) AS DIVIDEND
COALspot.com: PT Bumi Resources, Tbk’s Annual General Meeting (AGM) today was successfully held with a quorum of 75.89% resulting in shareholders approving all agendas proposed in both the AGM and the subsequent Extraordinary General Meeting (EGM) including the execution of non-preemptive issue, collateralization of the company’s assets, as well as strengthening of the company’s management according to statement issued by Bumi's Director cum Corporate Secretary, Dileep Srivastava.
BUMI is Asia's fastest & the World's 2nd fastest growing coal company operating multi mines in Indonesia.
A dividend amounting $57.1million was declared amounting to 30% of 2009 net income.
“We are thankful to the shareholders for approving the management’s proposal that will provide the company with strong base to realize stronger operational and financial performance with reduced debts in the coming year,” said BUMI President Director Ari Hudaya.
With the approved agenda, BUMI will implement its first step of the $1 billion deleveraging program announced last year- beginning with the significant reduction in debt from the non-preemptive issue. With a significant debt reduction, the company aims to boost financial performance through higher coal prices, sales, production, stronger internal cash flows and lower interest charges.
The statement further said that, Bumi is on track to achieving sales of +64 m tons (vs 58 m tons in FY'09), production + 67 m tons (vs 63 m tons in FY09) at an average fob price of minimum $67/ton. (vs $63/ton in FY09) with an exponential rise in EBITDA.(cs)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
|
|
|
Showing 5731 to 5735 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Coal Association
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- The University of Queensland
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- PTC India Limited - India
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
|
| |
| |
|