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Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
 Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with its takeover of Sydney-based Centennial Coal Co, which Banpu shareholders approved yesterday.
Chief executive Chanin Vongkusolkit said the company expected to complete its tender offer for the remaining 80.1% of Centennial by the end of September or early October at the cost of A$2.017 billion or 55.29 billion baht.
Banpu earlier acquired 19.9% of Centennial for A$380 million. On July 5, Banpu announced it would buy all of the ordinarily shares of the Australian company that it does not already control at the price of A$6.2 per share.
Mr Chanin said yesterday that the takeover would be completed after Australia's general election on Aug 21, adding that he expected the new Australian government would welcome the deal.
The company expected to book revenue contributions from Centennial in the fourth quarter of this year, he added.
Centennial, with 10 mines, has marketable coal reserves of 386 million tonnes as of June 30 this year. Banpu, which operates coal mines in Indonesia and China, has reserves of 318 million tonnes.
Shareholders yesterday also approved the management's plan to issue additional debentures worth up to 20 billion baht with maturities of up to 15 years.
Mr Chanin said Banpu would issue some debentures later this year in multiple tranches to either refinance debts or fund its acquisition of Centennial.
Banpu was confident that 2010 revenue would beat forecasts despite lower production at the Daning mine in Shanxi province due to a licence renewal delay.
The company on Monday revised down forecast production of the Chinese underground mine by 10%, resulting in expected lower net profit of $10 million. It has annual capacity of 4 million tonnes.
Mr Chanin also said the company's Jorong mine in Indonesia would resume operations in late September after being halted since February by the government because of forest encroachment. Authorities have been working with miners to clarify new operating rules.
"Indonesian coal mines are our major revenue contributor. The [total] coal sales target has been maintained at 23 million tonnes this year," he added.
CIMB-GK Securities (Thailand) has downgraded Banpu's 2010 net profit forecast by 1.4% to 14.6 billion baht following the revision of the Daning figures.
BANPU shares closed yesterday on the SET at 620 baht, down 10 baht, in trade worth 793.3 million baht.
Source: Bangkok Post
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Monday, 20 July 15
CFR SOUTH CHINA COAL SWAPS GAIN WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 1.18 (2.27%) per MT month over month.
A commodity swap ...
Sunday, 19 July 15
BDI GAINED AND CROSSED 1000 MARK THIS WEEK
COALspot.com: The BDI gained and crossed 1000 mark after many months this Friday. The BDI was up almost 20 pct and closed 1048 points on 17 July 20 ...
Saturday, 18 July 15
INTERVIEW : FRANZ ESCALANTE, CHIEF OF INFORMATION SYSTEMS, MINERA CHINALCO, PERU
We are interested in the technology of Autonomous trucks, the new-generation trucks are not remote controlled, they are truly autonomous - Franz Es ...
Friday, 17 July 15
COAL PRODUCTION IN THE U.S. INCREASES SHARPLY FOR THE WEEK ENDING JULY 11
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.4 million short ...
Friday, 17 July 15
INDONESIAN POWER-STATION COAL SWAPS DECLINE CONTINUES THIS PAST WEEK
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and week over week, this past week.
The Q3 swap was declined $ ...
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Showing 2916 to 2920 news of total 6871 |
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- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- The University of Queensland
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
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