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

Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...


Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...


Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...


Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...


Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...


   1181 1182 1183 1184 1185   
Showing 5911 to 5915 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 ...

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