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

Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the ...


Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...


Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...


Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...


Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact. Lower power generation and realisations saw ...


   1199 1200 1201 1202 1203   
Showing 6001 to 6005 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 ...

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