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Tuesday, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limited have agreed to extend a due diligence period to enable the accomplishment of small number of outstanding items, quoted by Insider Stories.
Insider Stories further reported, in an official statement obtained today, both companies initially set a 30 days of the due diligence on January 28 2011.
The extension won't delay the transaction's accomplishment. Both Bayan and Kangaroo are continuing to finalize independent experts' reviews on the assets, ahead of shareholder meetings to approve the transaction.
On December 28 2010, Bayan and Kangaroo Resources entered into a share purchase agreement.
Bayan will inject Kangaroo Resources with 9 coal concession assets in East Kalimantan with coal resources of 3.8 billion metric tons.
In return, Kangaroo Resources will issue new shares, enabling Bayan Resources to control Kangaroo Resources.
Bayan also entered into share sale and purchase agreements with three buyers PT Ilthabi Bara Utama, Prime Mine Resources Limited, Romo Nitiyudi Wachjo, on December 28 2010 to acquire 9 coal concession assets in East Kalimantan.
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Monday, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...
Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected.
The BDI saw a bigger drop compared to ...
Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for transportation and sale of coal, which was the ...
Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan h ...
Friday, 04 February 11
PERTAMINA DENIES KAREN AGUSTIAWAN RESIGNS FROM PERTAMINA
COALspot.com - The President Director of PT Pertamina, Karen Agustiawan reportedly will replace Darwin Saleh as Minister of Energy and Mineral Resou ...
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- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Economic Council, Georgia
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
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