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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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Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, ...
Sunday, 26 April 09
INDONESIAN GOVT SAYS COAL MINES CAUSE WEEKLONG FLOOD - THE JAKARTA POST
Samarinda administration in East Kalimantan admitted openly Thursday that the weeklong flood that paralyzed the city was caused by unruly management ...
Saturday, 25 April 09
FOREIGN SHARE DIVESTMENT STARTING THE 6TH YEAR OF PRODUCTION - MAJALAH TAMBANG
The government would set a divestment scheme for foreign miners, which would require companies to divest their ownership starting the 6th year of pr ...
Saturday, 25 April 09
INDO TAMBANGRAYA MEGAH ALLOCATED USD 126 MILLION FOR CAPITAL SPENDING - MAJALAH TAMBANG
Somyot Ruchirawat, President Director of PT Indo Tambangraya Megah, Tbk (ITMG), has announced the company's total dividend payment of Rp 1,345 per ...
Saturday, 25 April 09
MINING SECTOR IS STILL ON THE SURPLUS - THE JAKARTA POST
The global financial crisis is apparently also having an impact on the mining sector. People are thinking twice about investing in the mining sector ...
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- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
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