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
Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG


PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for the fuel and as production costs fell.

Net income rose to $124.5 million from $103.3 million a year earlier, the company said in an emailed statement late yesterday. Sales advanced 14 percent to $752.9 million, it said.

Bumi’s coal selling price in the first quarter gained 30 percent to $75.4 a ton on average while production costs fell 11 percent, the Jakarta-based company said. That helped to more than offset a 1.2 million ton drop in output volume, it said.

Thermal-coal prices at Australia’s Newcastle port, the world’s largest export hub for the fuel, reached a record last year and have since declined on concern the global recession will curb energy use.

The first quarter “was again a challenging period on account of continuing unusually heavy rainfall which hampered mining activity,” Dileep Srivastava, head of investor relations, said in the statement. Still, Bumi should meet its output and sales growth target of more than 10 percent this year, he said.

Shares of Bumi rose 2.7 percent to 1,520 rupiah in Jakarta on May 1. They have risen 67 percent so far this year, compared with a 28 percent gain in the benchmark Jakarta Composite index.

Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aI9m8jUkKfe0



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

Recent News

Sunday, 08 March 09
AUSTRALIA'S FELIX STUDYING COAL ACQUISITIONS IN INDIA, INDONESIA
Bloomberg reported that, Felix Resources Ltd., an Australian supplier of coal to Korea and Japan, is studying acquisitions of energy coal assets in ...


Saturday, 07 March 09
THERMAL COAL PRICES MAY DROP, STANDARD CHARTERED SAYS
Bloomberg reported that, Coal prices may decline as a slump in demand for the fuel outpaces cuts in production, Standard Chartered Plc said. Exp ...


Friday, 06 March 09
STRAITS ASIA EYES 3RD MINE
Straitstimes reported that, Mining company Straits Asia Resources is on an expansion trail to more than double its output by 2012. Amid the econo ...


Friday, 06 March 09
INDONESIA MAY MISS 2009 COAL OUTPUT TARGET-OFFICIAL
Indonesia, the world's top thermal coal exporter, may fail to achieve its coal production target this year as the global economic crisis dents dema ...


Friday, 06 March 09
POWER FIRMS HEAD TO INDONESIA FOR COAL
The Hindu Businessline reported that, The enactment of a new, more liberal, mining legislation in Indonesia is drawing coal-starved Indian power uti ...


   1369 1370 1371 1372 1373   
Showing 6851 to 6855 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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