We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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 $10 million. It has annual capacity of 4 million tonnes.
Mr Chanin also said the company's Jorong mine in Indonesia would resume operations in late September after being halted since February by the government because of forest encroachment. Authorities have been working with miners to clarify new operating rules.
"Indonesian coal mines are our major revenue contributor. The [total] coal sales target has been maintained at 23 million tonnes this year," he added.
CIMB-GK Securities (Thailand) has downgraded Banpu's 2010 net profit forecast by 1.4% to 14.6 billion baht following the revision of the Daning figures.
BANPU shares closed yesterday on the SET at 620 baht, down 10 baht, in trade worth 793.3 million baht.
Source: Bangkok Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 27 August 13
AUSTRALIA NEWCASTLE COAL EXPORTS JUMPED 15.59 PERCENT ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 15.59 per cent week on week to 2.76 million mt for ...
Monday, 26 August 13
CARRIAGE OF COAL CARGOES FROM KALIMANTAN, INDONESIA - WEST OF ENGLAND P&I CLUB
The Club has recently been advised by consulting scientists and engineers Dr J H Burgoyne and Partners (International) Limited that the number of in ...
Sunday, 25 August 13
API 8 CFR SOUTH CHINA COAL: HEADING TO NORTH
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery US$ 2.39 up month on month. The swap was moved positive ...
Sunday, 25 August 13
THE FREIGHT MARKET S7 & S8 SECTOR IS EXPECTED TO BE STEADY/FIRM NEXT WEEK - VISTAAR
COALspot.com - The freight market continued to be firm with all indices moved positive except for Panamax which was slightly down (2 pct down).
T ...
Friday, 23 August 13
US PRODUCED MORE COAL WEEK ON WEEK - EIA
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.80 million short tons (mmst) of ...
|
|
|
Showing 4151 to 4155 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- VISA Power Limited - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- The University of Queensland
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
|
| |
| |
|
