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Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to deliver key mining and operational support services across its portfolio of Indonesian coal projects.
Mark O’Keeffe, managing director of Kangaroo, said: “We are pleased to have secured the ongoing services of ASEAMCO, not only as they are very experienced in coal mining in Indonesia but also as they have a long history working on several of Kangaroo’s projects and also with our Indonesian partners.”
The new agreement has been negotiated as payment partly in cash and partly in Kangaroo shares at the election of ASEAMCO, both to preserve Kangaroo's cash flow as well as give ASEAMCO added incentive to deliver.
Robert de Jongh, managing director of ASEAMCO was equally supportive of the deal saying, “We believe Kangaroo and its Indonesian partners have a portfolio of significant coal assets in East Kalimantan, and ASEAMCO is confident it has the expertise to add value to these assets.”
The Kangaroo medium term strategy involves vending in valuable new coal projects, while building production in the short term from up to three existing projects.
Kangaroo is targeting up to 0.5 million tonnes production in 2010, with the medium term goal over three years stated by the company is to achieve up to 10 plus million tonnes of coal per annum, from three production hubs in East Kalimantan.
Source: Proactive Investors
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Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
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- Mercuria Energy - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Anglo American - United Kingdom
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- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
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- Minerals Council of Australia
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- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
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- Heidelberg Cement - Germany
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- Samtan Co., Ltd - South Korea
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- Edison Trading Spa - Italy
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- Goldman Sachs - Singapore
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- Semirara Mining and Power Corporation, Philippines
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- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
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- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
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- Ministry of Transport, Egypt
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- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
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- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
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- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
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- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
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- Parliament of New Zealand
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- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
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- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
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- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
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- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
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- IEA Clean Coal Centre - UK
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- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Planning Commission, India
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
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- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- London Commodity Brokers - England
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- White Energy Company Limited
- Sojitz Corporation - Japan
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