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, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...


Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...


Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...


Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...


Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A  joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...


   1197 1198 1199 1200 1201   
Showing 5991 to 5995 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 ...

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