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

Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...


Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...


Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...


Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...


Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...


   1190 1191 1192 1193 1194   
Showing 5956 to 5960 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 ...

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