COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE


The sale is predicted to jump 14 percent to 58 million tons.

Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's earnings before interest, tax, depreciation and amortization (EBITDA) in 2009 will be close to the EBITDA in 2008, which is caused by the growing volume of production and sales as well as cost efficiency.

Bumi Resources Investor Relations Senior Vice President Dileep Srivastava said that the company’s coal production volume in 2009 is predicted to grow around 17.5 percent compared to the production volume in 2008.

Meanwhile, the sale is predicted to jump 14 percent to 58 million tons of a previous 51.5 million tons.

“With a satisfying selling price, Bumi is confident to reach a good EBITDA,” Srivastava said to VIVAnews in Jakarta on Wednesday night, Nov. 11.

He explained that the company’s products average selling price in 2009 reaches US$ 60.61 per ton of coal. The selling price is lower than the price in 2008, reaching US$ 73 per ton. Meanwhile, the selling price in 2007 only reached US$44 per ton.  

In 2007, the company’s profit was boosted hitting US$ 317 million due to the asset selling of PT Arutmin Indonesia and PT Kaltim Prima Coal (KPC).

“We are convinced that we can have higher profit [than 2007 profit] in 2009,” he added.
Source: Viva News



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

Recent News

Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC. "Earlier, ther ...


Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release  – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...


Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...


Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...


Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...


   1232 1233 1234 1235 1236   
Showing 6166 to 6170 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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