We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
 Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million through the issue of new shares to Indonesian coal company PT Bayan Resources Tbk.
Bayan, which will emerge with a 57% stake in the Australian company as a result of the deal, also signed a memorandum of understanding to immediately start managing all of Kangaroo Resources' Indonesian coal operations. The arrangements are subject to due diligence, shareholder and regulatory approval, Kangaroo Resources said in a statement.
Together with Kangaroo Resources' other Indonesian coal assets, which include the 100%-owned Mamahak coking coal project now in production, the Tanur Jaya thermal coal project and the GPK thermal coal project, this latest purchase, “will reposition Kangaroo Resources as a world-scale Indonesian coal producer,“ it said.
Bayan has a market capitalisation of US$4.5 billion, total coal resources of more than 1 billion metric tons and reserves of 500 million tons in eight mining concessions in East and South Kalimantan, and is a major participant in the Indonesian coking and thermal coal markets, Kangaroo said.
Bayan is targeting 2010 coal sales of 12 million tons for nearly US$1 billion in revenues and US$150 million in earnings before interest, tax, depreciation and amortization. The Pakar project has total coal resources of 3.8 billion tons and reserves of 116 million tons.
Kangaroo has been earning a 49% stake in the Tanur Jaya concession--one of the nine concessions within the Pakar Project--over the past 12 months and this position will now be incorporated into the overall 99% interest that Kangaroo is buying in the Pakar project. In addition to its mines, Bayan owns the Balikpapan Coal Terminal, one of the largest coal terminals in Indonesia with a handling capacity of 15 million tons a year.
Source : Kompas / Newsterupdate
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...
Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...
Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at sam ...
Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving ...
Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia P ...
|
|
|
Showing 5501 to 5505 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
|
| |
| |
|
