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Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES


Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed a 5 year mining contract with value of US$160 million from PT Hareda Krida Utama.

In a press statement published today, Bayan, that is controlled by Indonesian businessman Dato' Low Tuck Kwong, will realise the contract on January 1 2012, including the removal of the overburden volume of 52.2 million bank cubic meter and coal hauling quantities of 2.3 million metric ton over the next 5 years.

"The partnersehip with Hareda Krida is aimed to increase the coal production at GBP. We believe Hareda Krida, as an experienced mining contractor, will help GBP to jack up its production, providing a value added to the Bayan Group's performance," said Bayan President Director Eddie Chin.
Source: Insider Stories



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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
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Thursday, 22 December 11
DRY BULK MARKET KEEPS LOSING TRACTION AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept retreating in the middle of the week, as charterers seem to be looking towards the holiday season and the start of the new ye ...


Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) a ...


Tuesday, 20 December 11
INDIA IMPORTS 66.41 PERCENT MORE COAL FROM INDONESIA LAST MONTH - SOURCES
COALspot.com: Indonesia, the world largest coal exporter, shipped  33.476* mln mt of coal in November, which is slightly higher than its Octobe ...


Monday, 19 December 11
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