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, 22 December 09
NEWCASTLE COAL SHIP QUEUE LONGEST IN TWO YEARS AS EXPORTS SLOW
Bloomberg reported that, the queue of coal ships waiting at Australia’s Newcastle port, the world’s biggest export harbor for the fuel, ...


Monday, 21 December 09
INDONESIA HAS EXPORTED AROUND 195.303 MILLION TONS OF COAL TILL END OF NOVEMBER 2009
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in November 2009, by taking 28.69% of  total exported quan ...


Monday, 21 December 09
RUSSIAN COAL MINER SUEK EYES '10 LONDON IPO
* Company valued at around $8-$9 bln - banking source * IPO could take place in H1 - source * May list 25 pct of share capital - report Reuters ...


Monday, 21 December 09
IGCC OUTLOOK CHINA 2010 TO BE HELD IN APRIL 2010 IN SHANGHAI
COALspot.com (China): Press Release -  Aiming at unveiling the growth area of IGCC polygeneration, IGCC Outlook China 2010 is planned to be hel ...


Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...


   1229 1230 1231 1232 1233   
Showing 6151 to 6155 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 ...

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