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$95.97 million.
Golden Mines operate several mines in Sumatra as well as in Kalimantan.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to mai ...
Friday, 29 April 11
KOMIPO ISSUES TENDER FOR 710,000 MT OF LCV & HCV COAL
COALspot.com - Korea Midland Power Co. Ltd (KOMIPO) has issued a spot supply tender for supply of total 710,000 MT of thermal coal for delivery betw ...
Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...
Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...
Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
|
|
|
Showing 5281 to 5285 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- The University of Queensland
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
|
| |
| |
|