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Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, targeting to produce up to 250,000 tons of coal by the year end.
Mitra president director Tito Sulistio said on Wednesday that the coal would come from a mine with a size of 1,600 hectares of land belonged to South Sumatra-based PT Realita Jaya Mandiri, which was one of two coal companies set to be acquired by Mitra this year in a deal worth US$40 million.
He elaborated Realita had started operating its mine with a production rate of 40,000 tons per month.
"So when we are able to secure the deal by June, we can get about 250,000 tons of coal by the end of the year," he said.
Mitra had signed a memorandum of understanding with Realita and local coal company PT Mashindo Artha Resources, based also in South Sumatra, to acquire both companies.
Mashindo holds a license for mining on 5,600 hectares and another 4,400 hectares of land in Musi Banyuasin, South Sumatra.
"The appraisal for those two mines has not finished yet, we hope it can be finalized by next month," Tito said.
Source: http://www.thejakartapost.com/news/2009/04/22/mitra-hopes-secure-deals-with-two-coal-firms-june.html
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Sunday, 26 April 09
INDONESIAN GOVT SAYS COAL MINES CAUSE WEEKLONG FLOOD - THE JAKARTA POST
Samarinda administration in East Kalimantan admitted openly Thursday that the weeklong flood that paralyzed the city was caused by unruly management ...
Saturday, 25 April 09
FOREIGN SHARE DIVESTMENT STARTING THE 6TH YEAR OF PRODUCTION - MAJALAH TAMBANG
The government would set a divestment scheme for foreign miners, which would require companies to divest their ownership starting the 6th year of pr ...
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 ...
Saturday, 25 April 09
MINING SECTOR IS STILL ON THE SURPLUS - THE JAKARTA POST
The global financial crisis is apparently also having an impact on the mining sector. People are thinking twice about investing in the mining sector ...
Saturday, 25 April 09
ADARO RUNS CATARACT OPERATION PROGRAM - THE JAKARTA POST
As part of its CSR program, thermal coal producer PT Adaro Indonesia has made cataract operations available to residents of Tandjung district, South ...
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- Minerals Council of Australia
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- Merrill Lynch Commodities Europe
- The University of Queensland
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- Eastern Coal Council - USA
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- Wood Mackenzie - Singapore
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- Singapore Mercantile Exchange
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- Petron Corporation, Philippines
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- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
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- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
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- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
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- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- Indonesian Coal Mining Association
- Mjunction Services Limited - India
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- The State Trading Corporation of India Ltd
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- Mintek Dendrill Indonesia
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- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
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- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
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- Energy Development Corp, Philippines
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- Sindya Power Generating Company Private Ltd
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- Energy Link Ltd, New Zealand
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- Kohat Cement Company Ltd. - Pakistan
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- Antam Resourcindo - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
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- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
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- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
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- Indian Oil Corporation Limited
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- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
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- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Georgia Ports Authority, United States
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- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
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- Jaiprakash Power Ventures ltd
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- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
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