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
Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION


Insider stories  reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimantan, and PT Santan Batubara.

In a public expose material submitted to Indonesia Stock Exchange, Indika owns 46% stakes in Kideco which has coal reserves of 579 million tons with concession area of 50,400 hectares. In Kalimantan Barat's coal asset, Indika controls 90% stakes at 34,200 hectares concession area.

Through PT Petrosea Tbk (PTRO), Indika owns 50% stakes in Santan Batubara with 264 million tons of coal reserves.

Kideco Expansion
At the end of March 2010, Kideco, Indonesia's third largest coal mining company, produced 6.9 million tons of coal with overberden removal of 44.8 million bcm. Kideco's strip ratio reached 6.49.

Kideco has bought equipments such as dumptrucks, excavator, and the others. It has improved crushing plant and loading facilities. Kideco has initiated development of Samarangau pit which has the largest coal reserves at Kideco's concession area.

Samarangau is estimated to have coal resouces of 694 million tons and 348 million tons of coal reserves. 

Santan Production
Santan Batubara is a joint venture between Petrosea, coal mining contractor acquired by Indika mid last year, and PT Harum Energy, a coal mine company owned by Indonesian tycoon Kiki Barki. Petrosea is responsible for coal mining contract and Harum Energy holds Santan's coal marketing.

Santan has commenced a commercial production in March 2009 by mining 1.25 million tons of coal. Santan has signed five contracts of overburden removal with Petrosea. The first productions this year and 2011 are estimated to obtain 2.5 million tons of coal annually.

In mrach 2010, Santan posted US$43.79 million in revenue and recorded 660,456 tons of coal in sales.

Santan has current production capacity of 200,000 tons per month in a bid to provide coals for customers in the local market, India, Korea, and others.  
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...


Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...


Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...


Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing. The BD ...


Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...


   1163 1164 1165 1166 1167   
Showing 5821 to 5825 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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