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Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera and PT Duta Nurcahya, highly calorie coal mining companies, in North Barito, Central Kalimantan.
Tuah Turangga has entered a conditional sale and purchase agreement on July 8 2011. Tuah Turangga has agreed to buy 60% shareholding in Duta Sejahtera, as quoted by Insider Stories.
"Referring to the agreement, the company has options to obtain 60% stake in Duta Nurcahya from the same seller," Corporate Secretary Sara K. Loebis at United Tractors, said as quoted by Investor Daily today.
According to her, the closing of the take over depends on the accomplishment of the conditions mentioned at the agreement. Sara said coal concession of both companies are still green field. Total coal resources of Duta Sejahtera and Duta Nurcahya are estimated 25 million tons-100 million tons with 6,000-6,300 calorie.
"The mining is expected to commercially production in 2013 with 500,000 tons output."
Source: Insider Stories
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Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
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- Global Green Power PLC Corporation, Philippines
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- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
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- PowerSource Philippines DevCo
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- Sindya Power Generating Company Private Ltd
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- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
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- The Treasury - Australian Government
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- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
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- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
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- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
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