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, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...


Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...


Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract Mining and metals conglomerate Vedant ...


Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground. The BDI fell 5%, a ...


Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...


   1196 1197 1198 1199 1200   
Showing 5986 to 5990 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 ...

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