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

Tuesday, 04 May 10
DRY BULK MARKET SOFTENING AGAIN ON LACK OF DIRECTION
The dry bulk market has put on the brakes once again, after the last session of the Baltic Dry Index ended at 3,354 points, down 5 from the previous ...


Monday, 03 May 10
AUSTRALIA PLANS 40 PERCENT TAX ON MINING PROFITS - THE JAKARTA POST
The Jakarta Post reported that, Australia would heavily tax the booming profits of its mining companies under a tax system overhaul proposed Sunday ...


Saturday, 01 May 10
THE PERIOD ACTIVITY WAS QUITE FIRM DURING THE WEEK - CAPT. REDDY
COALspot.com: The BDI was up by 11.32 pct which was mainly due to the firmness in capsize index which was up by 21.55 pct . The other sectors Pan ...


Saturday, 01 May 10
EXPANDED SA COAL TERMINAL TO START OPERATIONS ON MAY 1 - MINING WEEKLY
Mining Weekly  reported that, In line with expectations, the Richards Bay Coal Terminal (RBCT) had completed the R1,2-billion Phase V expansion ...


Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy Atlantic  markets  remain  firm.  Supramaxes  open  in  USG  are  now  achieving low/mid&n ...


   1169 1170 1171 1172 1173   
Showing 5851 to 5855 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 ...

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