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

Monday, 27 April 09
JSW ENERGY SET TO SNAP UP AFRICAN COAL MINE FOR $70 MN - ECONOMIC TIMES
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million   ...


Monday, 27 April 09
INDONESIA MINING RULES MAY DETER INVESTORS-OFFICIALS - REUTERS
Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest ec ...


Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulte ...


Monday, 27 April 09
COAL PRICES ABOVE FUNDAMENTALS - STUFF.CO.NZ
Coal prices have defied the gravity of fundamental factors, supported by stockpiling prompted by cheaper prompt prices rather than a reflextion of a ...


Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, ...


   1356 1357 1358 1359 1360   
Showing 6786 to 6790 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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