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Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES


Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmines in a bid to make exponential growth, as quoted by Insider Stories

The coal company is eyeing several mines with middle rank coal to acquire in East Borneo, said to Head of Investor Relations Resource Alam Eric Tirtana.

IS further said, “There are a lot of mines we can acquire because we seek for small scale ones. Finding 3 million ton more coal is relatively easy, we are unlike big players that seek for tens of millions ton coal assets,” he said as quoted by Bisnis Indonesia daily.

The company currently manages Rp210.03 billion that can be allocated to support the plan, but there is also possibility to generate more funds from loan.



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Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
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Saturday, 30 April 11
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Friday, 29 April 11
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Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...


Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...


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