We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman Fuganto Widjaja, will float 10%-20% shares to the public via initial public offering (IPO) within the range price of Rp 2,300-Rp 3,500 after the miner seizes a strategic investor, insider stories says.
Golden Mines Corporate Secretary Eddy Salimah, as quoted by Bisnis Indonesia today, said the company is in talks with six potential strategic investors with one of them is Indian Coal India Ltd.
Coal India, the world’s largest coal miner, is in advanced talks to buy up to 40 per cent stake in Indonesia’s Golden Energy Mines in a deal valued between $750m and $1bn, an Indian paper says.
Dian Swastatika is 59.90 percent owned by PT Sinar Mas Tunggal, which is controlled by Fuganto Widjaja, son of Indonesian tycoon Indra Widjaja, and public shareholders holding the remaining stake.
DSSA is also controlling shareholder of PT Borneo Indobara with 99.07 percent ownership.
DSSA, parent company of coal miner PT Golden Energy Mines, reported a 511.73% jump in net profit for the first quarter of this year as a result of higher revenue.
1Q Performance.
Dian Swastatika posted US$11.99 million net profit or US$0.016 per share in 1Q 2011 from US$1.96 million in 1Q 2010, a financial statement submitted to Indonesia Stock Exchange revealed, as quoted by Insider Stories.
Insider further said, operating profit of the company has surged 308.97 percent to US$19.59 million, while gross profit soared 173.55 percent to US$33.51 million. Dian Swastatika booked a 40.81 percent increase in revenue to US$135.14 million from US$95.97 million.
Golden Mines operate several mines in Sumatra as well as in Kalimantan.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...
Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...
Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...
Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...
Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...
|
|
|
Showing 5236 to 5240 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- White Energy Company Limited
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Australian Coal Association
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
|
| |
| |
|