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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, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in Karachi port, coal carrying vessels were sufferi ...
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH - THE JAKARTA POST
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week ...
Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.
In the ...
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- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Economic Council, Georgia
- Sical Logistics Limited - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- White Energy Company Limited
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Anglo American - United Kingdom
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
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