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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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Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
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- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Australian Coal Association
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
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