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Tuesday, 02 September 14
BERAU COAL HAS AWARDED A CONTRACT EXTENSION TO BUMA FOR 647 MLN BCM OVERBURDEN REMOVAL
COALspot.com: PT Delta Dunia Makmur Tbk (“DOID”) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama (“BUMA”), has signed a contract amendment with PT Berau Coal (“Berau”) to remove total 647 mn bcm Overburden and produce 67.9mn tons coal.
The company further said its press release today, although coal market is still relatively weak, BUMA continues to provide quality service and continuous improvement on operational performance for its customers. As a result, BUMA was awarded with higher volumes from one of its major customers, Berau, while the contract period for the Binungan site has extended until 2019 from 2018.
The amended contracts are for overburden removal, coal hauling, and equipment rental for the mining site of Lati and Binungan within Berau coal concession.
The contract volume on average is expected to increase by 26% per annum from BUMA’s current production level at Berau coal. Total contract value is approximately US$ 1.2 billion for 5 years.
According to press release, BUMA has assigned to remove 255 million bcm of Overburden and 24.70 million tons coal production in Lati site and 392 mn bcm of Overburden and 43.2 mn tons coal in Binungan site.
The contract extension and additional volumes provide BUMA with stronger financial position and will positively drive achievements toward its goal, the company said.
"The amended contracts serve as proof of BUMA’s commitment to excellence as it remains one of the largest mining contractors in Indonesia," said company.
PT Delta Dunia Makmur Tbk
DOID was established in 1990 and through its primary subsidiary, BUMA, is one of the largest coal mining contractors in Indonesia, based on production volumes. As of and for the year ended 30 June 2014, DOID had net revenues of US$ 303 million, operating income of US$ 37 million and assets totaling US$ 1.08 billion. DOID is listed on the Main Board of the Indonesian Stock Exchange (IDX ticker: DOID). DOID is headquartered in Jakarta, Indonesia.
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Economic Council, Georgia
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- White Energy Company Limited
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
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