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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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- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
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