We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million through the issue of new shares to Indonesian coal company PT Bayan Resources Tbk.
Bayan, which will emerge with a 57% stake in the Australian company as a result of the deal, also signed a memorandum of understanding to immediately start managing all of Kangaroo Resources' Indonesian coal operations. The arrangements are subject to due diligence, shareholder and regulatory approval, Kangaroo Resources said in a statement.
Together with Kangaroo Resources' other Indonesian coal assets, which include the 100%-owned Mamahak coking coal project now in production, the Tanur Jaya thermal coal project and the GPK thermal coal project, this latest purchase, “will reposition Kangaroo Resources as a world-scale Indonesian coal producer,“ it said.
Bayan has a market capitalisation of US$4.5 billion, total coal resources of more than 1 billion metric tons and reserves of 500 million tons in eight mining concessions in East and South Kalimantan, and is a major participant in the Indonesian coking and thermal coal markets, Kangaroo said.
Bayan is targeting 2010 coal sales of 12 million tons for nearly US$1 billion in revenues and US$150 million in earnings before interest, tax, depreciation and amortization. The Pakar project has total coal resources of 3.8 billion tons and reserves of 116 million tons.
Kangaroo has been earning a 49% stake in the Tanur Jaya concession--one of the nine concessions within the Pakar Project--over the past 12 months and this position will now be incorporated into the overall 99% interest that Kangaroo is buying in the Pakar project. In addition to its mines, Bayan owns the Balikpapan Coal Terminal, one of the largest coal terminals in Indonesia with a handling capacity of 15 million tons a year.
Source : Kompas / Newsterupdate
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
Saturday, 13 November 10
INDONESIA SHIPPED 8.73 % MORE COAL IN OCTOBER THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23.55 mln mt of coal in October 2010, which is 8.73 percent more compared to Septe ...
|
|
|
Showing 5526 to 5530 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
|
| |
| |
|