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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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Monday, 06 April 09
RICHARDS BAY COAL TERMINAL EXPORTS ROSE 5 PERCENT IN MARCH - BLOOMBERG
South Africa’s Richards Bay Coal Terminal, the world’s largest coal-export facility, shipped 5 percent more coal in March than the same ...
Monday, 06 April 09
INDIA'S OSWAL CHEM EYES INDONESIAN COAL MINES -ECONOMICTIMES
Oswal Chemicals and Fertilisers (OCFL), part of Abhay Oswal-led Oswal group, has initiated talks with three separate Indonesian coal firms to ...
Thursday, 02 April 09
FOREIGNERS ALSO CHEER FOR INDONESIA'S THE NEW MINING LAW - MAJALA TAMBANG
Three mining giants, Australia's Rio Tinto along with Canada's Barrick Gold and Southern Arc, are among foreign corporations currently applying fo ...
Wednesday, 01 April 09
INDONESIAN GOVERNMENT REVISES MINING REVENUE TARGET DOWN 26% - THE JAKARTA POST
Government income from mining this year, excluding taxes, is expected to drop by about 26 percent to Rp 11 trillion ($957 million), primarily becaus ...
Wednesday, 01 April 09
INDONESIAN OFFICIAL CLAIMS NEW LEGISLATION IS VINDICATED AS OVERSEAS FIRMS LINE UP FOR MINING LICENSES - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry is expected to issue six mining licenses under the country’s new mining law over the next two months ...
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- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- MS Steel International - UAE
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
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