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Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
"The funds for the acquisition will come from loans and internal cash sources. The company is now also negotiating with two banks in connection with the acquisition plan," the company's director, Tito Sulistio, said in Jakarta on Monday, as quoted by state new agency Antara.
He said PT Realita Jaya Mandiri was operating in the mining sector and held a license for mining and operating on 1,598 hectares of land in Musi Banyuasin, South Sumatra.
PT Mashindo Artha Resources meanwhile holds a license for mining on 5,600 hectares of land and another 4,400 hectares of land in Musi Banyuasin, South Sumatra.
"Coal reserves in the three locations are estimated to reach more than 100 million tons," he said.
He said the process of valuation on the two companies was not yet completed and was expected to be finished by the end of this month.
Source:http://www.thejakartapost.com/news/2009/04/20/mitra-rajasa-acquire-two-mining-companies.html
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Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today.
& ...
Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...
Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...
Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...
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- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Deloitte Consulting - India
- VISA Power Limited - India
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- The University of Queensland
- GMR Energy Limited - India
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
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