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

Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban ex ...


Friday, 22 January 10
MERCATOR EYES MORE COAL MINES IN INDONESIA
India’s second-largest private shipping company Mercator Lines is looking at acquiring more coal mines in Indonesia as part of its strategy&nb ...


Friday, 22 January 10
BHAKTI ENERGI IN TALKS OVER COAL VENTURES IN KALIMANTAN
PT Bhakti Energi Persada, one of Indonesia’s biggest miners of brown coal, revealed on Thursday that it was in talks to form a joint venture w ...


Friday, 22 January 10
SHENHUA ENERGY 09 YIELDED 210MN TONS COMMODITY COAL
China Shenhua Energy Co., Ltd. yielded 210 million tons of commodity coal in 2009, hiking 13.2% year on year, the Chinese energy titan announced tod ...


Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD
The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 1 ...


   1211 1212 1213 1214 1215   
Showing 6061 to 6065 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 ...

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