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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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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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- Ind-Barath Power Infra Limited - India
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- IEA Clean Coal Centre - UK
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- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
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- Ceylon Electricity Board - Sri Lanka
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- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
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- India Bulls Power Limited - India
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- Indonesian Coal Mining Association
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- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
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- Mintek Dendrill Indonesia
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- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
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- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Australian Coal Association
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
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- Oldendorff Carriers - Singapore
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- Semirara Mining Corp, Philippines
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- Economic Council, Georgia
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- European Bulk Services B.V. - Netherlands
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- Directorate Of Revenue Intelligence - India
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- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
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- Wilmar Investment Holdings
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
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- Ministry of Finance - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
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- Central Electricity Authority - India
- Indika Energy - Indonesia
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- Merrill Lynch Commodities Europe
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- Posco Energy - South Korea
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- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- The Treasury - Australian Government
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- The University of Queensland
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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