We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 07 October 10
MIRACH ENERGY GAINS RIGHTS TO EAST KALIMANTAN COAL MINE - THE EDGE SINGAPORE
The Edge Singapore reported that, Mirach Energy says it has gained the rights to produce and sell coal in an open-pit coal mine in Samarinda, the capital of the Indonesian province of East Kalimantan.
The contract area covers 100 hectares and is located near to operational haulage road, stockyard and conveyor loading jetty. The mine produces sub-bituminous coal of caloric value 5100- 5300 Kcal/kg. This type of coal, also known as steam coal, is generally used for power generation.
A drilling exploration program conducted during due diligence process estimated proven reserves of 1.1 million tonnes of coal, with potentially much higher reserves to be explored. Based on the terms of an agreement signed with the mine owner, PT GTM, and a subsidiary of the company, the company has the rights to extract and sell a minimum of 5 million tonnes of coal within a period of four years.
Production has commenced and initial production volume is estimated at 30,000 tonnes of coal per month, with a production target of 70,000 tonnes by the end of the year. Stripping ratio averages 3.62 for the initial production phase. The first barge shipment of coal is expected in October 2010 and end buyers will come from China, Philippines or India.
Mirach Energy selected and embarked on a small mine area for its first venture into the coal production business to ensure that the business model and the risks profile of the project sits well with the company’s current structure and scale. This first coal venture will form a platform for Mirach Energy to develop its coal segment to strengthen and build up a healthy cash flow for the Company, while developing its other oil and gas assets. It is currently negotiating for other larger coal mines with the intention to acquire the rights to increase its coal mining operations.
Source:The Edge Singapore
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...
Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...
Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...
Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...
Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...
|
|
|
Showing 5581 to 5585 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- The University of Queensland
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
|
| |
| |
|