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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
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Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...
Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...
Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...
Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore): Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...
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- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- The Treasury - Australian Government
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- The University of Queensland
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
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