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Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal mines in East Kalimantan, the firm's president director said on Monday.
A consortium of PT Persada Capital Investama and PT Triputra Investindo Arya, which are also stakeholders in coal producer Adaro Energy own a combined 65 percent shares in Bhakti Energi and the rest is owned by individual investors.
Jeffrey Mulyono, Bhakti's president director, told reporters on the sidelines of the Coaltrans 3rd Coal Mining Operations and Economics confererence in Jakarta that the miner planned to apply to the capital market regulator in January and the IPO could take place in March or in April.
He did not say how much the miner aimed to raise from the IPO but said proceeds raised would be used to finance infrastructure development at its Wahau mine in East Kalimantan.
Local media have reported that PT Bhakti had appointed PT Bahana Securities as the underwriter for the offering.
Bhakti Energi has eight mining concessions. One has started production with mineable coal reserves of 127 million tonnes, while the remaining seven concessions, where mining has not yet started, have combined mineable reserves of 5.7 billion tonnes.
Mulyono said the miner expected to produce 1.3 million tonnes of coal in 2010, increasing to 3 million tonnes in 2011.
He said the firm, which produces coal with a heating value of 3,500 kcal/kg as-received, has signed contracts to sell 250,000 tonnes of coal this year.
"We are selling 100,000 (tonnes) to an Indian utility and the remaining to local buyers. These are trial shipments," Mulyono said, adding it would start shipping by the end of October.
Source: Reuters
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Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
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- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Minerals Council of Australia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
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