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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 rain  with production still relatively close plan. It's not a new issue and in my view is not much more than the usual rain, " said Mr. Dileep Srivastava, Director Cum Corporate Secretary of BUMI. Arutmin is operating multiple pits, and it  helps to make up shortfalls from the affected site(s).

According to E-Mail report, Bumi are expecting to sell  5.5 m tons in Jul '10 - that translates to an annualised 66 million tons - above guidance FY'10 of 64 million tons of thermal coal. KPC, another BUMI's mine is unaffected with comfortable stocks at stockpiles. KPC shipped out 3.96 million tons in Jun '10, which is a record for KPC.

Overall no or negligible impact in BUMI's mines. "We hope to cross FY'10 guidance on all operating parameters", Mr. Dileep further said in his E-mail.



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Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656  million tons of coal for the period January – August this ...


Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft. The BDI was dow ...


Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...


Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...


Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association. ...


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