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
Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA


Bisnis Indonesia  reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13.64% rise compared to around 22 million tons in 2010.

Edward Manurung, ITMG's finance director, said the additional coal production will come from subsidiaries PT Indominco Mandiri, PT Trubaindo Coal Mining, PT Jorong Barutama Greston, PT Kitadin Embalut and PT Bharinto Ekatama.

The company allocates capital expenditure (capex) of US$110 million for this year funded by internal cash and bond issue or possible bank loan options should the funds be insufficient.

In efforts to cut cost, ITM has conducted efficiency measures, including the development of a coal powered electricity plant to reduce dependency on diesel fuel.

Roslini Onwardi, ITMG's corporate secretary, said the capex will be used for funding haul road development, land acquisition and heavy equipment acquisition.

ITMG currently has six operating areas, five of them are located in East Kalimantan. One operating area is located in South Kalimantan. It has total coal concession of 87,565 hectares.

ITM’s coal reserve estimated stood at 1,650 million tons with reserve of 294 million tons based on Dec 2009 data.

The Bharinto mine is slated to commence operation in the 2nd half of 2011. It has obtained a forest area license permit from the Forestry Ministry, however it is awaiting the forest clearance permit.

The company is also planning to increase Indominco’s East Block up to 12 million tons by 2015.

PT Kitadin Tandung Mayang will restart production by the second half of 2011. The 2,338 hectare mine produces 6,800 kcal sub-bituminus coal with sulfuric content of 1.5%.
Source: Bisnis Indonesia



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

Recent News

Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...


Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...


Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...


Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...


Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...


   1085 1086 1087 1088 1089   
Showing 5431 to 5435 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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