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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
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Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
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- Rio Tinto Coal - Australia
- The University of Queensland
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- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
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- Australian Coal Association
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
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- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
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- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
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- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- White Energy Company Limited
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Planning Commission, India
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
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- The State Trading Corporation of India Ltd
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- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
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