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, 18 December 12
NEWCASTLE PORT IN AUSTRALIA SHIPPED 20.19 PERCENT MORE COAL W/E 17 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 3,269,640 MT of thermal and coking coal for week ended 0700 hours 17 December 2012, Newc ...
Monday, 17 December 12
SHIP PRICES TO BOTTOM OUT IN 2013 SAYS GEORGE D. GOURDOMICHALIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship values especially in older tonnage, or even modern vessels with poor quality are expected to fall further during 2013, with the market as a who ...
Monday, 17 December 12
SYNERGISING WITH PIONEERS TO DEVELOP TOMORROW'S LATIN AMERICAN RAILWAYS
Press Release: Brazil being one of the largest country in South America has one of the most dynamic rail markets in the world. Rail transport in Bra ...
Sunday, 16 December 12
FREIGHT TREND SOFTENED THIS WEEK - VISTAAR
COALspot.com - The freight market further softened this week and closed at 784 points (down by 18.84 pct). The cape index had the biggest fall ...
Friday, 14 December 12
GMR GROUP OF INDIA TO IMPORT 100K MT OF 4800 GAR COAL
COALspot.com: GMR Group of India to invite bids for 100,000 Metric Tons of imported non coking coal to be delivered during January and February 2013 ...
|
|
|
Showing 4461 to 4465 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- PTC India Limited - India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
|
| |
| |
|
