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

Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
  A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...


Tuesday, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...


Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...


Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...


Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers fo ...


   1335 1336 1337 1338 1339   
Showing 6681 to 6685 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 ...

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