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Saturday, 25 April 09
INDO TAMBANGRAYA MEGAH ALLOCATED USD 126 MILLION FOR CAPITAL SPENDING - MAJALAH TAMBANG
Somyot Ruchirawat, President Director of PT Indo Tambangraya Megah, Tbk (ITMG), has announced the company's total dividend payment of Rp 1,345 per share. The announcement was made during a press conference following the annual stockholders meeting held on 17 April 2009.
Mr. Ruchirawat also explained that the payment would be completed in three phases, as the company has made two previous payments in 2008. The first payment was made in October 2008, of Rp 344 per share, the second was made in December 2008, of Rp 295 per share. The final payment of Rp 706 per share is scheduled for 28 Mei 2009.
Additionally, the company also announced a total sum of USD 126 million for its capital spending budget for year 2009. The budget was allocated for several activities, i.e. USD 41 million for harbor expansion in Bontang, USD 7 million for Bharinto, USD 6 million for Bontang Power Plant, USD 15 million for Indominco East Block, and USD 57 million for mining development.
According to Mr. Ruchirawat, the company is still monitoring development in the commodity market for acquisitions. “We are planning to acquire several coal mining companies,” he stated.
Although the acquisition source of funding was included in the internal budget, Mr. Ruchirawat has also indicated that the company might also obtain additional loan from banking institution. “We are relying on the company’s internal funding. However, there is also a possibility to obtain additional loan from banking institution,” he concluded.
Source: http://www.majalahtambang.com/detail_berita.php?category=15&newsnr=1397
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Saturday, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate u ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
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- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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