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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, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
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- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
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- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
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- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- VISA Power Limited - India
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- Merrill Lynch Commodities Europe
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- The Treasury - Australian Government
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- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
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- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
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