COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 17 February 10
JORONG COULD COST BANPU 5%


Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says president Chanin Wongkusolkij.

"It is possible that revenue could drop, but the impact on net profits should be minimal," said Mr Chanin.

The Jorong mine in South Kalimantan on Borneo was suspended earlier this month by local police pending an investigation into land-use permits for a protected forest area.

The Forestry Ministry revoked the land-use permits for 23 mining and other operations in forested areas and said it may crack down further.Banpu last year generated revenue of 57 billion baht, 90% from mining in Indonesia and the rest from mines in China, electricity production and the power business in Thailand.

Annual coal production at Jorong contributes 1.9 million tonnes or 8% of the company's projected production of 23 million tonnes this year.

The company is in talks with Indonesian government officials over reopening the mine. Jorong still has five to seven years of operation left, said Mr Chanin.

Banpu has six coal concessions in South Kalimantan, including Jorong.

Banpu projects coal prices will be stable after the second half of the year. Prices are now US$88-89 per tonne and the average coal price in 2009 was $72.

Demand is expected to be stronger, especially in China and India, but prices might be lower than last year because of lower coal quality, Mr Chanin said.

Banpu since Jan 1 has sold about 50% of its total production of 23 million tonnes at an average price of $60.

BANPU shares closed yesterday on the SET at 526 baht, up 4 baht, in trade worth 270.5 million baht.
Source: Bangkok Post



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...


Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...


Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...


Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...


Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...


   1179 1180 1181 1182 1183   
Showing 5901 to 5905 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Shenhua Group - China
  • BNP Paribas - Singapore
  • ASAPP Information Group - India
  • Petrosea - Indonesia
  • World Bank
  • Manunggal Multi Energi - Indonesia
  • Noble Europe Ltd - UK
  • IOL Indonesia
  • Altura Mining Limited, Indonesia
  • OCBC - Singapore
  • Makarim & Taira - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Chettinad Cement Corporation Ltd - India
  • Interocean Group of Companies - India
  • Enel Italy
  • IMC Shipping - Singapore
  • Coal and Oil Company - UAE
  • Rudhra Energy - India
  • Ind-Barath Power Infra Limited - India
  • Central Java Power - Indonesia
  • Bank of China, Malaysia
  • Thiess Contractors Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Energy Development Corp, Philippines
  • Sindya Power Generating Company Private Ltd
  • Siam City Cement PLC, Thailand
  • GHCL Limited - India
  • Sucofindo - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Cardiff University - UK
  • LBH Netherlands Bv - Netherlands
  • Metalloyd Limited - United Kingdom
  • Karaikal Port Pvt Ltd - India
  • Coaltrans Conferences
  • Coal India Limited
  • Energy Link Ltd, New Zealand
  • Tata Power - India
  • ANZ Bank - Australia
  • Bharathi Cement Corporation - India
  • Cargill India Pvt Ltd
  • Port Waratah Coal Services - Australia
  • Sojitz Corporation - Japan
  • Total Coal South Africa
  • Romanian Commodities Exchange
  • Cebu Energy, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Berau Coal - Indonesia
  • Bhatia International Limited - India
  • Vedanta Resources Plc - India
  • UOB Asia (HK) Ltd
  • SASOL - South Africa
  • Gupta Coal India Ltd
  • APGENCO India
  • Permata Bank - Indonesia
  • Infraline Energy - India
  • MS Steel International - UAE
  • Indogreen Group - Indonesia
  • Indonesia Power. PT
  • Ministry of Finance - Indonesia
  • India Bulls Power Limited - India
  • Videocon Industries ltd - India
  • Georgia Ports Authority, United States
  • Cosco
  • Australian Commodity Traders Exchange
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Uttam Galva Steels Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Rio Tinto Coal - Australia
  • Fearnleys - India
  • JPMorgan - India
  • Bayan Resources Tbk. - Indonesia
  • ACC Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Grasim Industreis Ltd - India
  • Indorama - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Thriveni
  • KPMG - USA
  • Argus Media - Singapore
  • Deloitte Consulting - India
  • Deutsche Bank - India
  • Billiton Holdings Pty Ltd - Australia
  • The University of Queensland
  • Commonwealth Bank - Australia
  • Aboitiz Power Corporation - Philippines
  • Maybank - Singapore
  • Asia Cement - Taiwan
  • Bulk Trading Sa - Switzerland
  • SN Aboitiz Power Inc, Philippines
  • Inspectorate - India
  • Leighton Contractors Pty Ltd - Australia
  • PetroVietnam
  • Platou - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • TeaM Sual Corporation - Philippines
  • Savvy Resources Ltd - HongKong
  • Adani Power Ltd - India
  • CIMB Investment Bank - Malaysia
  • Glencore India Pvt. Ltd
  • Chamber of Mines of South Africa
  • Formosa Plastics Group - Taiwan
  • Thailand Anthracite
  • RBS Sempra - UK
  • Parliament of New Zealand
  • Aditya Birla Group - India
  • Global Green Power PLC Corporation, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Global Business Power Corporation, Philippines
  • Parry Sugars Refinery, India
  • Geoservices-GeoAssay Lab
  • Maheswari Brothers Coal Limited - India
  • Independent Power Producers Association of India
  • Oldendorff Carriers - Singapore
  • Qatrana Cement - Jordan
  • Kohat Cement Company Ltd. - Pakistan
  • Malabar Cements Ltd - India
  • Riau Bara Harum - Indonesia
  • World Coal - UK
  • Kobexindo Tractors - Indoneisa
  • CoalTek, United States
  • Moodys - Singapore
  • Mercuria Energy - Indonesia
  • bp singapore
  • Mitsui
  • Salva Resources Pvt Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • SUEK AG - Indonesia
  • GNFC Limited - India
  • Tata Chemicals Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • San Jose City I Power Corp, Philippines
  • JPower - Japan
  • Rashtriya Ispat Nigam Limited - India
  • Bangladesh Power Developement Board
  • SMG Consultants - Indonesia
  • UBS Singapore
  • Peabody Energy - USA
  • Orica Mining Services - Indonesia
  • Bhoruka Overseas - Indonesia
  • Idemitsu - Japan
  • Malco - India
  • Australian Coal Association
  • Price Waterhouse Coopers - Russia
  • Toyota Tsusho Corporation, Japan
  • Coalindo Energy - Indonesia
  • Mitsubishi Corporation
  • Indian Oil Corporation Limited
  • Wilmar Investment Holdings
  • Britmindo - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • PNOC Exploration Corporation - Philippines
  • J M Baxi & Co - India
  • Semirara Mining Corp, Philippines
  • Thomson Reuters GRC
  • Larsen & Toubro Limited - India
  • Bhushan Steel Limited - India
  • Tanito Harum - Indonesia
  • Shree Cement - India
  • Renaissance Capital - South Africa
  • Mjunction Services Limited - India
  • South Luzon Thermal Energy Corporation
  • Eastern Coal Council - USA
  • Economic Council, Georgia
  • VISA Power Limited - India
  • IBC Asia (S) Pte Ltd
  • Edison Trading Spa - Italy
  • Alfred C Toepfer International GmbH - Germany
  • Gujarat Mineral Development Corp Ltd - India
  • Indian Energy Exchange, India
  • EMO - The Netherlands
  • Electricity Authority, New Zealand
  • Star Paper Mills Limited - India
  • Globalindo Alam Lestari - Indonesia
  • globalCOAL - UK
  • New Zealand Coal & Carbon
  • Clarksons - UK
  • Vitol - Bahrain
  • International Coal Ventures Pvt Ltd - India
  • PLN Batubara - Indonesia
  • Credit Suisse - India
  • GAC Shipping (India) Pvt Ltd
  • WorleyParsons
  • European Bulk Services B.V. - Netherlands
  • Ambuja Cements Ltd - India
  • Banpu Public Company Limited - Thailand
  • Maharashtra Electricity Regulatory Commission - India
  • ETA - Dubai
  • Ministry of Transport, Egypt
  • Africa Commodities Group - South Africa
  • Binh Thuan Hamico - Vietnam
  • Jaiprakash Power Ventures ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Mechel - Russia
  • Arch Coal - USA
  • Simpson Spence & Young - Indonesia
  • Vale Mozambique
  • PTC India Limited - India
  • KEPCO - South Korea
  • Eastern Energy - Thailand
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Attock Cement Pakistan Limited
  • GB Group - China
  • Pipit Mutiara Jaya. PT, Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Carbofer General Trading SA - India
  • Indonesian Coal Mining Association
  • Bank of America
  • KOWEPO - South Korea
  • IEA Clean Coal Centre - UK
  • Standard Chartered Bank - UAE
  • Sinarmas Energy and Mining - Indonesia
  • Heidelberg Cement - Germany
  • NALCO India
  • Semirara Mining and Power Corporation, Philippines
  • Merrill Lynch Commodities Europe
  • Ince & co LLP
  • Samsung - South Korea
  • Ernst & Young Pvt. Ltd.
  • Jindal Steel & Power Ltd - India
  • Minerals Council of Australia
  • Iligan Light & Power Inc, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Adaro Indonesia
  • Reliance Power - India
  • Anglo American - United Kingdom
  • DBS Bank - Singapore
  • NTPC Limited - India
  • Singapore Mercantile Exchange
  • PLN - Indonesia
  • GVK Power & Infra Limited - India
  • CESC Limited - India
  • Xindia Steels Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • The India Cements Ltd
  • Global Coal Blending Company Limited - Australia
  • Panama Canal Authority
  • TRAFIGURA, South Korea
  • Kobe Steel Ltd - Japan
  • Freeport Indonesia
  • Essar Steel Hazira Ltd - India
  • Indian School of Mines
  • SRK Consulting
  • Karbindo Abesyapradhi - Indoneisa
  • Thai Mozambique Logistica
  • BRS Brokers - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • Electricity Generating Authority of Thailand
  • Runge Indonesia
  • The Treasury - Australian Government
  • AsiaOL BioFuels Corp., Philippines
  • Xstrata Coal
  • Gujarat Sidhee Cement - India
  • CNBM International Corporation - China
  • Straits Asia Resources Limited - Singapore
  • Arutmin Indonesia
  • Bukit Makmur.PT - Indonesia
  • U S Energy Resources
  • Antam Resourcindo - Indonesia
  • Core Mineral Indonesia
  • Vizag Seaport Private Limited - India
  • Indika Energy - Indonesia
  • Borneo Indobara - Indonesia
  • McConnell Dowell - Australia
  • Holcim Trading Pte Ltd - Singapore
  • Kumho Petrochemical, South Korea
  • Mintek Dendrill Indonesia
  • CCIC - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Humpuss - Indonesia
  • Coal Orbis AG
  • Latin American Coal - Colombia
  • SGS (Thailand) Limited
  • Directorate General of MIneral and Coal - Indonesia
  • Wood Mackenzie - Singapore
  • Maersk Broker
  • Sical Logistics Limited - India
  • HSBC - Hong Kong
  • Coeclerici Indonesia
  • SMC Global Power, Philippines
  • Meenaskhi Energy Private Limited - India
  • Siam City Cement - Thailand
  • Bangkok Bank PCL
  • Meralco Power Generation, Philippines
  • Agrawal Coal Company - India
  • Cement Manufacturers Association - India
  • Sarangani Energy Corporation, Philippines
  • Power Finance Corporation Ltd., India
  • MEC Coal - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Ministry of Mines - Canada
  • Kepco SPC Power Corporation, Philippines
  • Thermax Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Madhucon Powers Ltd - India
  • Gresik Semen - Indonesia
  • Goldman Sachs - Singapore
  • Surastha Cement
  • Lafarge - France
  • Posco Energy - South Korea
  • Asian Development Bank
  • Kaltim Prima Coal - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Cemex - Philippines
  • Orica Australia Pty. Ltd.
  • Central Electricity Authority - India
  • Medco Energi Mining Internasional
  • London Commodity Brokers - England
  • Therma Luzon, Inc, Philippines
  • Russian Coal LLC
  • Intertek Mineral Services - Indonesia
  • Baramulti Group, Indonesia
  • EIA - United States
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mitra SK Pvt Ltd - India
  • TANGEDCO India
  • TNPL - India
  • Platts
  • Barclays Capital - USA
  • Jorong Barutama Greston.PT - Indonesia
  • Coastal Gujarat Power Limited - India
  • Sakthi Sugars Limited - India
  • Inco-Indonesia
  • Planning Commission, India
  • Kideco Jaya Agung - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Petron Corporation, Philippines
  • ICICI Bank Limited - India
  • Barasentosa Lestari - Indonesia
  • Marubeni Corporation - India
  • Maruti Cements - India
  • Dalmia Cement Bharat India
  • GMR Energy Limited - India
  • White Energy Company Limited
  • Pendopo Energi Batubara - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • McKinsey & Co - India
  • The State Trading Corporation of India Ltd
  • Japan Coal Energy Center
  • Vijayanagar Sugar Pvt Ltd - India
  • TGV SRAAC LIMITED, India
  • PowerSource Philippines DevCo
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Jatenergy - Australia
  • Merrill Lynch Bank
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Miang Besar Coal Terminal - Indonesia
  • Tamil Nadu electricity Board
  • ING Bank NV - Singapore
  • KPCL - India
  • Trasteel International SA, Italy
  • Samtan Co., Ltd - South Korea
  • Pinang Coal Indonesia
  • Lanco Infratech Ltd - India
  • Mercator Lines Limited - India