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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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Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...
Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...
Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...
Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...
Wednesday, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next ...
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- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- MS Steel International - UAE
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- The University of Queensland
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Cement Manufacturers Association - India
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