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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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Friday, 17 September 10
CWP COAL WASHING PLANTS MACHINERY LANDS ON RUSSIAN MARKET!!
Press Release: CWP Coal Washing Plants Machinery Industry & Trade Co. which was founded in 1990, has been operating in Izmir with its closed pro ...
Friday, 17 September 10
FREIGHT RATES TO DECLINE FURTHER - ICICI SEC
Broking firm ICICI Securities said tanker freight rates reported a sharp drop with rates of Suezmax and Aframax carriers declining by 16% to USD 8,6 ...
Friday, 17 September 10
R-POWER, ADANI, GMR TO BID FOR $1-BN MINE
Reliance Power, Adani Power and GMR are in the race for a coal mine asset in Australia. The valuation of the asset is close to $1 billion (Rs 4,600 ...
Thursday, 16 September 10
RPG GROUP BUYS 10% IN AUSSIE COAL FIRM RESOURCE GENERATION
Dealcurry reported that, India's RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake (18,268,053 shares) in Resource Generati ...
Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...
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- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
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