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
Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER


Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry that can exponentially perk up domestic economic growth.

San Miguel president Ramon Ang said Southeast Asia’s biggest food and beverage conglomerate, which has been diversifying into heavy industries, was also starting to pare down its debts while keeping enough for future acquisitions.

“In the Philippines, the potential of mining is so huge because we have a good deposit of gold, nickel and iron ore,” Ang said.

“If you can develop it, it’s big compared to existing players. We have so many ideas but we’re doing everything quietly,” he said.

San Miguel earlier obtained a foothold in the country’s biggest power retailer Manila Electric Co. and oil refiner Petron Corp. It is also investing in dormant Liberty Telecom Holdings Inc., which it plans to use as its vehicle for its foray into the highly competitive telecommunications business.

Ang said San Miguel was in talks with many groups and open to an array of opportunities but would like to keep details of its merger and acquisition strategy close to its chest.

San Miguel had looked at offshore mining opportunities too, particularly in Indonesia.

Earlier, American investment banking giant Goldman Sachs offered a piece of Indonesia’s second most valuable coal miner Adaro Energy, but Ang said the stake offered was too small.

The conglomerate had earlier looked into the biggest Indonesian coal miner PT Bumi Resources when its controlling stockholder, the Bakrie family, was selling assets to restructure debts.

For its part, Ang said San Miguel had started to use excess cash to reduce its debt, both at the parent and subsidiary levels.

As of end-March last year, San Miguel at the parent level had P51 billion worth of drafts and notes payable.
Source: http://business.inquirer.net/money/breakingnews/view/20090608-209313/San-Miguel-eyes-local-mining-ventures



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

Recent News

Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
Coal volumes railed to South Africa’s Richards Bay Coal Terminal (RBCT) during the rain-affected first quarter of 2009 had fallen well short o ...


Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...


Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...


Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think. But power major NTPC Ltd is finding that this year’s coal is not yie ...


Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...


   1329 1330 1331 1332 1333   
Showing 6651 to 6655 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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