COALspot.com keeps you connected across the coal world
  • BUMA MINED 4.1 MMT OF COAL AND REMOVED 23.8 M BCM OF OVERBURDEN IN MARCH 2021. YEAR TO DATE, BUMA MINED 12.7 MMT OF COAL, WHICH INCREASED 5% YOY.
  • COAL FINANCING COSTS SURGE AS INVESTORS OPT FOR RENEWABLE ENERGY - THE GUARDIAN
  • INDIA MAY BUILD NEW COAL PLANTS DUE TO LOW COST DESPITE CLIMATE CHANGE - REUTERS
  • APRIL 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 86.68 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Thursday, 28 January 21
BUMA PRICED A USD400 MILLION 7.75% 5-YEAR SENIOR NOTES
delta duniaPT Delta Dunia Makmur Tbk.  announced that its subsidiary, PT Bukit Makmur Mandiri Utama priced a USD400 million 5-year (non-callable 2-year)  Senior Notes, following a successful bookbuilding on January 26, 2021, that garnered in excess of USD1.15 billion order from 101 accounts, achieving an oversubscription ratio of 2.9x. 
 
According to press release of the company, the US-Dollar denominated Senior Notes will bear fixed interest of 7.75% p.a., with interest payable semi-annually in arrears. On January 22-25, 2021, the Company and BUMA conducted a virtual roadshow for the Transaction, which included several countries in Asia, Europe and the United States in compliance with Rule 144A and Regulation S under the US Securities Act. J.P. Morgan (S.E.A.) and UBS AG Singapore Branch are the Joint Bookrunners.
 
The company further said that, the Transaction reflects investors’ continued confidence in BUMA, despite market challenges amidst a global pandemic. Moody’s has assigned a rating of Ba3 (negative) to BUMA whilst Fitch has assigned a rating of BB- (negative) to the Company and Senior Notes.
 
The net proceeds from the Senior Notes, will be used to fully refinance BUMA’s existing indebtedness under loan facilities with MUFG and BUMA’s 7.75% Senior Notes due 2022. This exercise enables BUMA to extend its debt maturity profile, reduce amortization and improve cash flow, and allows for increased operational flexibility to support BUMA’s future growth.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply   India has stockpiled a record 132 million tonnes of coal – enough t ...


Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations   The emerg ...


Wednesday, 14 April 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 1.10 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.05 points Monday, down 1.10 percent week on week.   The index, released by Chi ...


Wednesday, 14 April 21
MARKET INSIGHT - INTERMODAL
After a series of months where the dry bulk sector was attracting most of the buying interest, tankers SnP activity spiked in the previous weeks. O ...


Tuesday, 13 April 21
INDONESIAN COAL PRICE REFERENCE IN APRIL UP AGAIN ON FIRM DEMAND
COALspot.com: The Indonesia coal price reference for April 2021 settles at US$ 86.68 per ton FOB vessel.    The Indonesia coal pr ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6276
News by Category
Popular News
 
Total Members : 27,393
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Global Coal Blending Company Limited - Australia
  • TNPL - India
  • Bulk Trading Sa - Switzerland
  • Bhoruka Overseas - Indonesia
  • ACC Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • ING Bank NV - Singapore
  • Lanco Infratech Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • IOL Indonesia
  • Infraline Energy - India
  • Malabar Cements Ltd - India
  • Port Waratah Coal Services - Australia
  • Karaikal Port Pvt Ltd - India
  • Sojitz Corporation - Japan
  • Ministry of Transport, Egypt
  • MEC Coal - Indonesia
  • Parry Sugars Refinery, India
  • Kartika Selabumi Mining - Indonesia
  • Planning Commission, India
  • Qatrana Cement - Jordan
  • Holcim Trading Pte Ltd - Singapore
  • The Treasury - Australian Government
  • Rashtriya Ispat Nigam Limited - India
  • Russian Coal LLC
  • Moodys - Singapore
  • KEPCO - South Korea
  • Britmindo - Indonesia
  • New Zealand Coal & Carbon
  • Coeclerici Indonesia
  • Riau Bara Harum - Indonesia
  • Parliament of New Zealand
  • Essar Steel Hazira Ltd - India
  • Permata Bank - Indonesia
  • Enel Italy
  • Samsung - South Korea
  • Ministry of Mines - Canada
  • Indian School of Mines
  • CNBM International Corporation - China
  • Tanito Harum - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Sakthi Sugars Limited - India
  • KOWEPO - South Korea
  • Coaltrans Conferences
  • SASOL - South Africa
  • VISA Power Limited - India
  • Gujarat Sidhee Cement - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Marubeni Corporation - India
  • U S Energy Resources
  • Gujarat Electricity Regulatory Commission - India
  • Videocon Industries ltd - India
  • Cebu Energy, Philippines
  • Arch Coal - USA
  • CESC Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Antam Resourcindo - Indonesia
  • Core Mineral Indonesia
  • Uttam Galva Steels Limited - India
  • San Jose City I Power Corp, Philippines
  • GHCL Limited - India
  • Indian Energy Exchange, India
  • Gresik Semen - Indonesia
  • Barasentosa Lestari - Indonesia
  • Latin American Coal - Colombia
  • Gupta Coal India Ltd
  • Coal and Oil Company - UAE
  • Pendopo Energi Batubara - Indonesia
  • TGV SRAAC LIMITED, India
  • KPMG - USA
  • Bank of America
  • Petrochimia International Co. Ltd.- Taiwan
  • Dalmia Cement Bharat India
  • Vizag Seaport Private Limited - India
  • Sindya Power Generating Company Private Ltd
  • Ernst & Young Pvt. Ltd.
  • Formosa Plastics Group - Taiwan
  • Jorong Barutama Greston.PT - Indonesia
  • Sucofindo - Indonesia
  • Directorate Of Revenue Intelligence - India
  • CIMB Investment Bank - Malaysia
  • Makarim & Taira - Indonesia
  • Australian Commodity Traders Exchange
  • OCBC - Singapore
  • Madhucon Powers Ltd - India
  • Oldendorff Carriers - Singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Semirara Mining Corp, Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Berau Coal - Indonesia
  • Sical Logistics Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Arutmin Indonesia
  • Standard Chartered Bank - UAE
  • Samtan Co., Ltd - South Korea
  • Electricity Authority, New Zealand
  • EMO - The Netherlands
  • Runge Indonesia
  • Orica Mining Services - Indonesia
  • Star Paper Mills Limited - India
  • Borneo Indobara - Indonesia
  • UBS Singapore
  • Georgia Ports Authority, United States
  • Mjunction Services Limited - India
  • SMG Consultants - Indonesia
  • McKinsey & Co - India
  • Xindia Steels Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Platou - Singapore
  • Deutsche Bank - India
  • TRAFIGURA, South Korea
  • Billiton Holdings Pty Ltd - Australia
  • SN Aboitiz Power Inc, Philippines
  • Wood Mackenzie - Singapore
  • BNP Paribas - Singapore
  • Grasim Industreis Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Thailand Anthracite
  • PetroVietnam
  • Bukit Asam (Persero) Tbk - Indonesia
  • Eastern Coal Council - USA
  • Jaiprakash Power Ventures ltd
  • GAC Shipping (India) Pvt Ltd
  • Kobexindo Tractors - Indoneisa
  • Anglo American - United Kingdom
  • CoalTek, United States
  • PLN - Indonesia
  • PTC India Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Argus Media - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Independent Power Producers Association of India
  • Humpuss - Indonesia
  • SUEK AG - Indonesia
  • Cosco
  • World Bank
  • Malco - India
  • Noble Europe Ltd - UK
  • IMC Shipping - Singapore
  • South Luzon Thermal Energy Corporation
  • Wilmar Investment Holdings
  • Rio Tinto Coal - Australia
  • WorleyParsons
  • Energy Development Corp, Philippines
  • Salva Resources Pvt Ltd - India
  • RBS Sempra - UK
  • SRK Consulting
  • Timah Investasi Mineral - Indoneisa
  • Economic Council, Georgia
  • Bukit Baiduri Energy - Indonesia
  • Interocean Group of Companies - India
  • Indogreen Group - Indonesia
  • Medco Energi Mining Internasional
  • Xstrata Coal
  • Freeport Indonesia
  • Vale Mozambique
  • Tata Power - India
  • The India Cements Ltd
  • Electricity Generating Authority of Thailand
  • Heidelberg Cement - Germany
  • Sree Jayajothi Cements Limited - India
  • Deloitte Consulting - India
  • TNB Fuel Sdn Bhd - Malaysia
  • BRS Brokers - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Tamil Nadu electricity Board
  • Shenhua Group - China
  • Kobe Steel Ltd - Japan
  • Bhushan Steel Limited - India
  • PLN Batubara - Indonesia
  • Ambuja Cements Ltd - India
  • Central Electricity Authority - India
  • globalCOAL - UK
  • Indian Oil Corporation Limited
  • Idemitsu - Japan
  • bp singapore
  • Bangladesh Power Developement Board
  • Maersk Broker
  • Adani Power Ltd - India
  • Glencore India Pvt. Ltd
  • Geoservices-GeoAssay Lab
  • Maybank - Singapore
  • Ince & co LLP
  • GB Group - China
  • Kaltim Prima Coal - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Credit Suisse - India
  • Kepco SPC Power Corporation, Philippines
  • Bhatia International Limited - India
  • GVK Power & Infra Limited - India
  • Jindal Steel & Power Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • Vedanta Resources Plc - India
  • ICICI Bank Limited - India
  • Japan Coal Energy Center
  • ETA - Dubai
  • Cemex - Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • CCIC - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Mercuria Energy - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Baramulti Group, Indonesia
  • Cement Manufacturers Association - India
  • Africa Commodities Group - South Africa
  • Thomson Reuters GRC
  • GNFC Limited - India
  • Toyota Tsusho Corporation, Japan
  • Meralco Power Generation, Philippines
  • Bangkok Bank PCL
  • Indorama - Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • DBS Bank - Singapore
  • Straits Asia Resources Limited - Singapore
  • Goldman Sachs - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Minerals Council of Australia
  • LBH Netherlands Bv - Netherlands
  • Vitol - Bahrain
  • Kohat Cement Company Ltd. - Pakistan
  • The State Trading Corporation of India Ltd
  • Indika Energy - Indonesia
  • Adaro Indonesia
  • Coal India Limited
  • IEA Clean Coal Centre - UK
  • Pinang Coal Indonesia
  • The University of Queensland
  • Shree Cement - India
  • Romanian Commodities Exchange
  • Coalindo Energy - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Platts
  • Renaissance Capital - South Africa
  • EIA - United States
  • Neyveli Lignite Corporation Ltd, - India
  • Jatenergy - Australia
  • NTPC Limited - India
  • Indonesian Coal Mining Association
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Asia Cement - Taiwan
  • Singapore Mercantile Exchange
  • Rudhra Energy - India
  • Cardiff University - UK
  • Price Waterhouse Coopers - Russia
  • Total Coal South Africa
  • Edison Trading Spa - Italy
  • European Bulk Services B.V. - Netherlands
  • Aditya Birla Group - India
  • HSBC - Hong Kong
  • Global Green Power PLC Corporation, Philippines
  • PowerSource Philippines DevCo
  • Altura Mining Limited, Indonesia
  • Bukit Makmur.PT - Indonesia
  • KPCL - India
  • Attock Cement Pakistan Limited
  • J M Baxi & Co - India
  • Lafarge - France
  • IBC Asia (S) Pte Ltd
  • Inspectorate - India
  • Peabody Energy - USA
  • Kumho Petrochemical, South Korea
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • World Coal - UK
  • Eastern Energy - Thailand
  • Reliance Power - India
  • Maheswari Brothers Coal Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Ministry of Finance - Indonesia
  • ASAPP Information Group - India
  • Barclays Capital - USA
  • Central Java Power - Indonesia
  • Trasteel International SA, Italy
  • Thai Mozambique Logistica
  • Merrill Lynch Bank
  • Power Finance Corporation Ltd., India
  • Clarksons - UK
  • Fearnleys - India
  • TeaM Sual Corporation - Philippines
  • NALCO India
  • Australian Coal Association
  • Indonesia Power. PT
  • GMR Energy Limited - India
  • Savvy Resources Ltd - HongKong
  • Manunggal Multi Energi - Indonesia
  • UOB Asia (HK) Ltd
  • Carbofer General Trading SA - India
  • Intertek Mineral Services - Indonesia
  • SGS (Thailand) Limited
  • Alfred C Toepfer International GmbH - Germany
  • Simpson Spence & Young - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Chamber of Mines of South Africa
  • SMC Global Power, Philippines
  • Coastal Gujarat Power Limited - India
  • Energy Link Ltd, New Zealand
  • Gujarat Mineral Development Corp Ltd - India
  • Mitsui
  • Asian Development Bank
  • ANZ Bank - Australia
  • Surastha Cement
  • Siam City Cement - Thailand
  • Agrawal Coal Company - India
  • APGENCO India
  • Sarangani Energy Corporation, Philippines
  • Maruti Cements - India
  • Petrosea - Indonesia
  • Orica Australia Pty. Ltd.
  • Thiess Contractors Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Bharathi Cement Corporation - India
  • White Energy Company Limited
  • Mechel - Russia
  • PetroVietnam Power Coal Import and Supply Company
  • Commonwealth Bank - Australia
  • Coal Orbis AG
  • IHS Mccloskey Coal Group - USA
  • Metalloyd Limited - United Kingdom
  • Meenaskhi Energy Private Limited - India
  • Inco-Indonesia
  • Posco Energy - South Korea
  • Panama Canal Authority
  • Petron Corporation, Philippines
  • Banpu Public Company Limited - Thailand
  • London Commodity Brokers - England
  • Pipit Mutiara Jaya. PT, Indonesia
  • Ind-Barath Power Infra Limited - India
  • McConnell Dowell - Australia
  • TANGEDCO India
  • Bank of China, Malaysia
  • Siam City Cement PLC, Thailand
  • Larsen & Toubro Limited - India
  • JPower - Japan
  • JPMorgan - India
  • Thriveni
  • Mintek Dendrill Indonesia
  • Mercator Lines Limited - India
  • Merrill Lynch Commodities Europe
  • Mitra SK Pvt Ltd - India
  • Binh Thuan Hamico - Vietnam
  • India Bulls Power Limited - India
  • Therma Luzon, Inc, Philippines
  • Mitsubishi Corporation
  • Cargill India Pvt Ltd
  • Global Business Power Corporation, Philippines
  • MS Steel International - UAE
  • Thermax Limited - India
  • Tata Chemicals Ltd - India