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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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Tuesday, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
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Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the c ...


Friday, 09 December 11
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