COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR


COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.

Kuzbasskaya Toplivnaya Company, one of the fastest-growing thermal coal producers in Russia, has announced the unaudited IFRS financial results for the 3rd Quarter and 9 months ended 30 September 2010.

According to the unaudited IFRS financial results, Kuzbasskaya Toplivnaya's revenue for Q3 2010 increased by 44% to RUR 3,925 mln. quarter-on-quarter. Revenue for 9M 2010 gained 29% year-on-year up to 9,576 mln, it said in statement posted in its website.

Share your
coal and shipping news

In Q3 2010 the volume of coal production also increased significantly by 52% quarter-on-quarter to 1.87 mln. tonnes. During the first 9 months of 2010 the KTK has produced 4.59 mln tonnes or an increase of 5%  year-on-year.

“We are satisfied with the Company’s results in Q3 and 9M 2010. We have succeeded in making the next important step towards the implementation of the KTK strategy focused on further increases in  coal extraction, the upgrade of product quality and raising the effectiveness of our business", said CEO of the company Igor Prokudin.

He further commented, "In August, on the eve of 10th anniversary of the Company, we launched our first enrichment plant “Kaskad”, which will help to reduce the production waste and contribute to expanding our export markets. We believe that it will reach its design capacity by the end of this year.

Thanks to investments in production expansion in H1 2010, KTK reached the highest coal extraction and processing volumes in its history.

According to the management expectations, the development of 2 new sectors on “Cheremshanskiy” and “Vinogradovskiy” open-pit mines, which started in Q2 2010, as well as expanded modern machinery and equipment fleet, will help the Company to continue the growth of its production volumes in Q4 and reach the yearly production target – 6.8 mln. tonnes. In addition to this, the production growth should lead to reduction of production cash costs per 1 tonne of coal compared to Q3 2010.

We are optimistic about the Company’s Q4 2010 performance and believe that high volumes of production together with further increase in the average coal sale price will help us to achieve even stronger production and financial results than in Q3 2010", commented by CEO of the company Igor Prokudin".
Source: KTK Web site



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 04 November 10
GVK TALKS WITH MEC FOR INDONESIAN MINES DEAL - DNA INDIA
As reported by DNA India, GVK Power and Infrastructure on Wednesday said it is in talks with Gulf-based MEC Coal to buy its coal mines in Indonesia, ...


Wednesday, 03 November 10
PANAMAX SIZE DRY-BULK CARRIER MARKET IS STRONG - GERSON LEHRMAN
Panamax class vessels have been part of the fluctuation of the broader current dry bulk market. They have experienced occasional steep movements, du ...


Tuesday, 02 November 10
ADDED VALUE REMAINS STAGNANT - MAJALAH TAMBANG
The improvement of added value of mining products in accordance with mandate of the mining law has not been visible. Minerals and coal are still exp ...


Saturday, 30 October 10
THE SUPRAMAX FREIGHT MARKET THIS WEEK REMAINED ALMOST AT LAST WEEK LEVELS - VISTAAR SINGAPORE
COALspot.com: The freight market this week remained almost at same levels except for Panamax index which was up by 191 points. The feast/SE Asia ...


Friday, 29 October 10
CAPE MARKET STARTED TO BREAK THOUGH THE UPWARDS RESISTANCE LEVEL OF USD 40K DAILY FOR SPOT CARGOS - FEARNLEYS
HANDY The  Atlantic  markets  remain  flat  and  lackluster.  The  expectations  that  the grain ...


   1107 1108 1109 1110 1111   
Showing 5541 to 5545 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • GN Power Mariveles Coal Plant, Philippines
  • Vizag Seaport Private Limited - India
  • Glencore India Pvt. Ltd
  • Electricity Authority, New Zealand
  • CESC Limited - India
  • Indonesia Power. PT
  • Adaro Indonesia
  • CIMB Investment Bank - Malaysia
  • ANZ Bank - Australia
  • Sakthi Sugars Limited - India
  • bp singapore
  • Minerals Council of Australia
  • Power Finance Corporation Ltd., India
  • Ince & co LLP
  • SMG Consultants - Indonesia
  • Anglo American - United Kingdom
  • Japan Coal Energy Center
  • Sarangani Energy Corporation, Philippines
  • Bank of China, Malaysia
  • Vitol - Bahrain
  • Sree Jayajothi Cements Limited - India
  • CoalTek, United States
  • Indogreen Group - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Global Business Power Corporation, Philippines
  • Petron Corporation, Philippines
  • Malabar Cements Ltd - India
  • Uttam Galva Steels Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Ministry of Mines - Canada
  • Aditya Birla Group - India
  • KPMG - USA
  • Shree Cement - India
  • UOB Asia (HK) Ltd
  • Banpu Public Company Limited - Thailand
  • SMC Global Power, Philippines
  • Port Waratah Coal Services - Australia
  • Leighton Contractors Pty Ltd - Australia
  • APGENCO India
  • Pendopo Energi Batubara - Indonesia
  • PowerSource Philippines DevCo
  • EMO - The Netherlands
  • PetroVietnam Power Coal Import and Supply Company
  • DBS Bank - Singapore
  • Rio Tinto Coal - Australia
  • Marubeni Corporation - India
  • BNP Paribas - Singapore
  • Sucofindo - Indonesia
  • Moodys - Singapore
  • World Bank
  • Riau Bara Harum - Indonesia
  • Noble Europe Ltd - UK
  • Toyota Tsusho Corporation, Japan
  • TANGEDCO India
  • Bukit Baiduri Energy - Indonesia
  • Merrill Lynch Commodities Europe
  • Semirara Mining and Power Corporation, Philippines
  • WorleyParsons
  • Jaiprakash Power Ventures ltd
  • IHS Mccloskey Coal Group - USA
  • Maersk Broker
  • Electricity Generating Authority of Thailand
  • Medco Energi Mining Internasional
  • MEC Coal - Indonesia
  • The India Cements Ltd
  • SGS (Thailand) Limited
  • Idemitsu - Japan
  • Economic Council, Georgia
  • Tata Power - India
  • GHCL Limited - India
  • Thai Mozambique Logistica
  • Borneo Indobara - Indonesia
  • Tata Chemicals Ltd - India
  • UBS Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Alfred C Toepfer International GmbH - Germany
  • Jorong Barutama Greston.PT - Indonesia
  • Core Mineral Indonesia
  • KOWEPO - South Korea
  • Singapore Mercantile Exchange
  • Standard Chartered Bank - UAE
  • Rudhra Energy - India
  • Australian Commodity Traders Exchange
  • RBS Sempra - UK
  • Karbindo Abesyapradhi - Indoneisa
  • Mercuria Energy - Indonesia
  • globalCOAL - UK
  • Coeclerici Indonesia
  • McConnell Dowell - Australia
  • Indian School of Mines
  • CNBM International Corporation - China
  • Salva Resources Pvt Ltd - India
  • Peabody Energy - USA
  • Parliament of New Zealand
  • Coal and Oil Company - UAE
  • Rashtriya Ispat Nigam Limited - India
  • Simpson Spence & Young - Indonesia
  • Carbofer General Trading SA - India
  • Ind-Barath Power Infra Limited - India
  • Makarim & Taira - Indonesia
  • MS Steel International - UAE
  • TeaM Sual Corporation - Philippines
  • Permata Bank - Indonesia
  • U S Energy Resources
  • Asmin Koalindo Tuhup - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Xindia Steels Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Lanco Infratech Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Heidelberg Cement - Germany
  • Mitsubishi Corporation
  • Global Green Power PLC Corporation, Philippines
  • The Treasury - Australian Government
  • Semirara Mining Corp, Philippines
  • Inco-Indonesia
  • Latin American Coal - Colombia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Posco Energy - South Korea
  • Inspectorate - India
  • Eastern Energy - Thailand
  • Petrosea - Indonesia
  • Central Electricity Authority - India
  • PTC India Limited - India
  • GVK Power & Infra Limited - India
  • Therma Luzon, Inc, Philippines
  • IOL Indonesia
  • ASAPP Information Group - India
  • Maruti Cements - India
  • Russian Coal LLC
  • Mercator Lines Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • SRK Consulting
  • Chettinad Cement Corporation Ltd - India
  • VISA Power Limited - India
  • NTPC Limited - India
  • Credit Suisse - India
  • Thermax Limited - India
  • Intertek Mineral Services - Indonesia
  • Formosa Plastics Group - Taiwan
  • Coal Orbis AG
  • Barclays Capital - USA
  • Trasteel International SA, Italy
  • Tamil Nadu electricity Board
  • Deloitte Consulting - India
  • GB Group - China
  • Interocean Group of Companies - India
  • Savvy Resources Ltd - HongKong
  • CCIC - Indonesia
  • GNFC Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Indorama - Singapore
  • HSBC - Hong Kong
  • Vale Mozambique
  • Ernst & Young Pvt. Ltd.
  • OCBC - Singapore
  • Essar Steel Hazira Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Jatenergy - Australia
  • Attock Cement Pakistan Limited
  • ACC Limited - India
  • Sical Logistics Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Jindal Steel & Power Ltd - India
  • Panama Canal Authority
  • PLN - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Grasim Industreis Ltd - India
  • PLN Batubara - Indonesia
  • Thriveni
  • Aboitiz Power Corporation - Philippines
  • Ministry of Transport, Egypt
  • Cosco
  • IEA Clean Coal Centre - UK
  • Africa Commodities Group - South Africa
  • Xstrata Coal
  • ETA - Dubai
  • Thailand Anthracite
  • Qatrana Cement - Jordan
  • Ceylon Electricity Board - Sri Lanka
  • SUEK AG - Indonesia
  • Independent Power Producers Association of India
  • Thomson Reuters GRC
  • Wilmar Investment Holdings
  • Antam Resourcindo - Indonesia
  • Cargill India Pvt Ltd
  • Sojitz Corporation - Japan
  • Coastal Gujarat Power Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • Bank of America
  • Bhatia International Limited - India
  • Mintek Dendrill Indonesia
  • ING Bank NV - Singapore
  • Coaltrans Conferences
  • Reliance Power - India
  • IBC Asia (S) Pte Ltd
  • International Coal Ventures Pvt Ltd - India
  • Infraline Energy - India
  • Meralco Power Generation, Philippines
  • Maybank - Singapore
  • EIA - United States
  • Renaissance Capital - South Africa
  • Parry Sugars Refinery, India
  • Coal India Limited
  • Humpuss - Indonesia
  • Enel Italy
  • Deutsche Bank - India
  • Kaltim Prima Coal - Indonesia
  • Central Java Power - Indonesia
  • KPCL - India
  • Georgia Ports Authority, United States
  • Larsen & Toubro Limited - India
  • TGV SRAAC LIMITED, India
  • OPG Power Generation Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Wood Mackenzie - Singapore
  • Energy Development Corp, Philippines
  • JPMorgan - India
  • Cemex - Philippines
  • Eastern Coal Council - USA
  • Ambuja Cements Ltd - India
  • Metalloyd Limited - United Kingdom
  • Gujarat Electricity Regulatory Commission - India
  • Argus Media - Singapore
  • Malco - India
  • Videocon Industries ltd - India
  • J M Baxi & Co - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Asia Cement - Taiwan
  • SASOL - South Africa
  • Petrochimia International Co. Ltd.- Taiwan
  • Arch Coal - USA
  • Merrill Lynch Bank
  • Vijayanagar Sugar Pvt Ltd - India
  • BRS Brokers - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Madhucon Powers Ltd - India
  • Barasentosa Lestari - Indonesia
  • Samtan Co., Ltd - South Korea
  • Adani Power Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • Arutmin Indonesia
  • Clarksons - UK
  • Bhoruka Overseas - Indonesia
  • Kobe Steel Ltd - Japan
  • Fearnleys - India
  • Mitsui
  • Surastha Cement
  • Globalindo Alam Lestari - Indonesia
  • Cement Manufacturers Association - India
  • GMR Energy Limited - India
  • Cardiff University - UK
  • Baramulti Group, Indonesia
  • London Commodity Brokers - England
  • Kobexindo Tractors - Indoneisa
  • PetroVietnam
  • Australian Coal Association
  • McKinsey & Co - India
  • Directorate Of Revenue Intelligence - India
  • South Luzon Thermal Energy Corporation
  • JPower - Japan
  • Indian Energy Exchange, India
  • Orica Mining Services - Indonesia
  • Price Waterhouse Coopers - Russia
  • Bangladesh Power Developement Board
  • Altura Mining Limited, Indonesia
  • The State Trading Corporation of India Ltd
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Gupta Coal India Ltd
  • White Energy Company Limited
  • Berau Coal - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Star Paper Mills Limited - India
  • Chamber of Mines of South Africa
  • Dalmia Cement Bharat India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • TRAFIGURA, South Korea
  • Indonesian Coal Mining Association
  • San Jose City I Power Corp, Philippines
  • Karaikal Port Pvt Ltd - India
  • Total Coal South Africa
  • New Zealand Coal & Carbon
  • Runge Indonesia
  • Commonwealth Bank - Australia
  • Pinang Coal Indonesia
  • Bukit Makmur.PT - Indonesia
  • Gujarat Sidhee Cement - India
  • Gresik Semen - Indonesia
  • KEPCO - South Korea
  • India Bulls Power Limited - India
  • Ministry of Finance - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Planning Commission, India
  • Cigading International Bulk Terminal - Indonesia
  • Bhushan Steel Limited - India
  • Indo Tambangraya Megah - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Manunggal Multi Energi - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Global Coal Blending Company Limited - Australia
  • Sindya Power Generating Company Private Ltd
  • Shenhua Group - China
  • Krishnapatnam Port Company Ltd. - India
  • Mjunction Services Limited - India
  • IMC Shipping - Singapore
  • Energy Link Ltd, New Zealand
  • Mitra SK Pvt Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Indika Energy - Indonesia
  • Samsung - South Korea
  • Edison Trading Spa - Italy
  • Indian Oil Corporation Limited
  • Mechel - Russia
  • TNPL - India
  • Kartika Selabumi Mining - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Binh Thuan Hamico - Vietnam
  • World Coal - UK
  • Kumho Petrochemical, South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • Directorate General of MIneral and Coal - Indonesia
  • Tanito Harum - Indonesia
  • The University of Queensland
  • Asian Development Bank
  • Goldman Sachs - Singapore
  • Geoservices-GeoAssay Lab
  • Thiess Contractors Indonesia
  • Coalindo Energy - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Cebu Energy, Philippines
  • ICICI Bank Limited - India
  • Siam City Cement - Thailand
  • Bulk Trading Sa - Switzerland
  • NALCO India
  • Siam City Cement PLC, Thailand
  • Bharathi Cement Corporation - India
  • Romanian Commodities Exchange
  • Freeport Indonesia
  • Platts
  • Oldendorff Carriers - Singapore
  • LBH Netherlands Bv - Netherlands
  • Kalimantan Lumbung Energi - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Lafarge - France
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Kideco Jaya Agung - Indonesia
  • Bangkok Bank PCL
  • Platou - Singapore
  • Britmindo - Indonesia
  • Agrawal Coal Company - India
  • Orica Australia Pty. Ltd.