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Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's previous initial public offering (IPO) held between July 1 and 3.
Through the IPO, the company offered 73 percent its shares to the public at the price of Rp 115 a share and managed to secure Rp 210 billion in proceeds.
Garda director for business development Socrates Rudy Sirait says that the company will use 45.27-percent of the proceeds for capital expenditure, 9.19 percent for loan refinancing and 45.55 percent for working capital.
With that budget, the company targets to produce 900,000 tons of coal by the end of the year and will double it to the level of 1.8 million tons in 2010.
Last year, the company produced 30,000 tons of coal.
The company has a coal concession in Bunyu island, East Kalimantan with a total coal reserve of 140 million tons.
Source: The Jakarta Post
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Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...
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 th ...
Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...
Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...
Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore): Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...
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- IEA Clean Coal Centre - UK
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- Planning Commission, India
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- Indonesian Coal Mining Association
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- San Jose City I Power Corp, Philippines
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- Tamil Nadu electricity Board
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- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
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- White Energy Company Limited
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- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
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- Semirara Mining Corp, Philippines
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- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- CNBM International Corporation - China
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ministry of Transport, Egypt
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- Kalimantan Lumbung Energi - Indonesia
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- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
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- GAC Shipping (India) Pvt Ltd
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- Price Waterhouse Coopers - Russia
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- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Bhatia International Limited - India
- VISA Power Limited - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
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- Binh Thuan Hamico - Vietnam
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- Indian Oil Corporation Limited
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