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Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA), has secured a contract to supply 4 million tons of coal to buyers this year.
President Director Fuganto Widjaja, son of Indra Widjaja, as quoted by Kontan today, said GMR Infrastructure India has committed to buy 1 million tons of Golden Mines's output. GMR Infrastructure is a holding company of GMR Infrastructure Investment that has owned a 18% stake in Golden Mines.
Another 2 million tons contract has been secured by Golden Mines from Chinese buyers and the remaining output will be taken by several commodity traders.
Golden Mines has set a coal production target this year to 10 million tons, a 81.8% jump from 5.5 million tons last year.
The miner expects to post a Rp5.6 trillion sales this year, a 64.71% growth from Rp3.4 trillion last year. Net profit is set at Rp892 billion, a 85.06% surge from Rp482 billion last year. Golden Mines plans to spend US$150 million capital expenditure in a bid to boost coal production.
Source: Insider Stories
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Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...
Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...
Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...
Wednesday, 11 January 12
NEWBUILDING ORDERS DECLINE, AS SHIP OWNERS REALIZE OVERSUPPLY WILL "KILL" THEM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With 2012 now underway, it will be rather interesting to see how ship owners will play the "newbuilding ordering" card to their favor, as ...
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- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
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