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, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...


Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...


Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...


Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...


Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...


   1227 1228 1229 1230 1231   
Showing 6141 to 6145 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 ...

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