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.
|
|
Sunday, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...
Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today.
More than a half a dozen of Indian coal t ...
Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...
Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy
The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
|
|
|
Showing 5306 to 5310 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Australian Coal Association
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- MS Steel International - UAE
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
|
| |
| |
|