COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011


The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 2011, as quoted by Insider Stories.

Insider Stories further said, the company's net profit has reached to Rp 760.92 billion (approximately US$ 88.764 Million) or Rp 330 (US$ 0.038)per share in 1Q 2011 compared to Rp 365.70 billion (approximately US$ 42.711 million) or Rp162 (US$ 0.0189) per share in 1Q 2010.

Bukit Asam’s operating profit has increased to  Rp 944.64 billion (approximately US$ 110.329 million) or surging of 123 percent  from Rp 422.92 billion (approximately US$ 49.395 million). 

Gross profit increased 75.94 percent to Rp1.24 trillion (approximately US$ 144.825 million) from Rp 706.75 billion (approximately US$ 82.544 million). The company has  posted Rp 2.32 trillion (approximately US$ 270.964 million)  in sales, a 30 percent up from Rp1.78 trillion (approximately US$ 270.964 million) because of the higher selling price of coal both in the local and export markets, as quoted by Insider Stories.

Bukit Asam's average selling price (ASP) increased 35 percent  to Rp 751,457 (approximately US$ 87.76) per ton compared to the same period a year earlier.

Coal output
The miner has produced 3 million tons a 16 percent  increase, while coal sales have decreased 4 percent to 3.1 million tons as sales volume fell. 

The company expects to increase coal sales to 16.8 million tons in 2011. Bukit Asam also plans to boost coal output at its IPC mine in East Kalimantan.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...


Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...


Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...


Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...


Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...


   1046 1047 1048 1049 1050   
Showing 5236 to 5240 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Mintek Dendrill Indonesia
  • Core Mineral Indonesia
  • Electricity Authority, New Zealand
  • KOWEPO - South Korea
  • Orica Australia Pty. Ltd.
  • GAC Shipping (India) Pvt Ltd
  • Tamil Nadu electricity Board
  • Kaltim Prima Coal - Indonesia
  • Britmindo - Indonesia
  • UBS Singapore
  • South Luzon Thermal Energy Corporation
  • Ministry of Finance - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Bangkok Bank PCL
  • Ministry of Transport, Egypt
  • Cement Manufacturers Association - India
  • Shenhua Group - China
  • Planning Commission, India
  • Petron Corporation, Philippines
  • Global Business Power Corporation, Philippines
  • Indian Energy Exchange, India
  • IHS Mccloskey Coal Group - USA
  • Vijayanagar Sugar Pvt Ltd - India
  • Malabar Cements Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • The State Trading Corporation of India Ltd
  • Oldendorff Carriers - Singapore
  • SMC Global Power, Philippines
  • Coastal Gujarat Power Limited - India
  • Parry Sugars Refinery, India
  • Pendopo Energi Batubara - Indonesia
  • Lanco Infratech Ltd - India
  • Samsung - South Korea
  • SGS (Thailand) Limited
  • Parliament of New Zealand
  • KEPCO - South Korea
  • Indonesia Power. PT
  • AsiaOL BioFuels Corp., Philippines
  • LBH Netherlands Bv - Netherlands
  • Economic Council, Georgia
  • Geoservices-GeoAssay Lab
  • Semirara Mining and Power Corporation, Philippines
  • VISA Power Limited - India
  • Total Coal South Africa
  • McConnell Dowell - Australia
  • Bangladesh Power Developement Board
  • WorleyParsons
  • APGENCO India
  • Sree Jayajothi Cements Limited - India
  • Cemex - Philippines
  • Asian Development Bank
  • Marubeni Corporation - India
  • Therma Luzon, Inc, Philippines
  • Merrill Lynch Commodities Europe
  • TNB Fuel Sdn Bhd - Malaysia
  • New Zealand Coal & Carbon
  • Chettinad Cement Corporation Ltd - India
  • Interocean Group of Companies - India
  • Thomson Reuters GRC
  • San Jose City I Power Corp, Philippines
  • PLN Batubara - Indonesia
  • Australian Coal Association
  • Berau Coal - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Orica Mining Services - Indonesia
  • PowerSource Philippines DevCo
  • PTC India Limited - India
  • KPCL - India
  • Argus Media - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Anglo American - United Kingdom
  • India Bulls Power Limited - India
  • Binh Thuan Hamico - Vietnam
  • Jaiprakash Power Ventures ltd
  • J M Baxi & Co - India
  • UOB Asia (HK) Ltd
  • Cardiff University - UK
  • Mitra SK Pvt Ltd - India
  • ACC Limited - India
  • London Commodity Brokers - England
  • Romanian Commodities Exchange
  • Clarksons - UK
  • World Coal - UK
  • Enel Italy
  • Bank of America
  • Central Electricity Authority - India
  • NALCO India
  • Cargill India Pvt Ltd
  • World Bank
  • Qatrana Cement - Jordan
  • Platts
  • CNBM International Corporation - China
  • JPMorgan - India
  • Chamber of Mines of South Africa
  • Ministry of Mines - Canada
  • Ince & co LLP
  • Inspectorate - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Mitsui
  • MS Steel International - UAE
  • Vitol - Bahrain
  • Minerals Council of Australia
  • Coal India Limited
  • Siam City Cement PLC, Thailand
  • Platou - Singapore
  • Credit Suisse - India
  • Barclays Capital - USA
  • Medco Energi Mining Internasional
  • Simpson Spence & Young - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Indika Energy - Indonesia
  • Vizag Seaport Private Limited - India
  • Antam Resourcindo - Indonesia
  • Wilmar Investment Holdings
  • globalCOAL - UK
  • Heidelberg Cement - Germany
  • Tanito Harum - Indonesia
  • Essar Steel Hazira Ltd - India
  • Dalmia Cement Bharat India
  • Kobe Steel Ltd - Japan
  • BNP Paribas - Singapore
  • Bukit Makmur.PT - Indonesia
  • Deloitte Consulting - India
  • Borneo Indobara - Indonesia
  • Shree Cement - India
  • GMR Energy Limited - India
  • Semirara Mining Corp, Philippines
  • Power Finance Corporation Ltd., India
  • Meralco Power Generation, Philippines
  • Indorama - Singapore
  • Energy Development Corp, Philippines
  • Formosa Plastics Group - Taiwan
  • CoalTek, United States
  • Sarangani Energy Corporation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Barasentosa Lestari - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Metalloyd Limited - United Kingdom
  • Kumho Petrochemical, South Korea
  • Bharathi Cement Corporation - India
  • Grasim Industreis Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • Gresik Semen - Indonesia
  • GHCL Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Mjunction Services Limited - India
  • Freeport Indonesia
  • Runge Indonesia
  • Latin American Coal - Colombia
  • IOL Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Merrill Lynch Bank
  • Bhushan Steel Limited - India
  • Maersk Broker
  • Russian Coal LLC
  • Karaikal Port Pvt Ltd - India
  • ING Bank NV - Singapore
  • Bayan Resources Tbk. - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Arutmin Indonesia
  • Humpuss - Indonesia
  • IMC Shipping - Singapore
  • PetroVietnam
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • RBS Sempra - UK
  • Directorate Of Revenue Intelligence - India
  • Ambuja Cements Ltd - India
  • Standard Chartered Bank - UAE
  • Indian School of Mines
  • Kapuas Tunggal Persada - Indonesia
  • Tata Chemicals Ltd - India
  • Lafarge - France
  • IEA Clean Coal Centre - UK
  • Thai Mozambique Logistica
  • Straits Asia Resources Limited - Singapore
  • U S Energy Resources
  • Siam City Cement - Thailand
  • Infraline Energy - India
  • Vale Mozambique
  • Pinang Coal Indonesia
  • ICICI Bank Limited - India
  • Madhucon Powers Ltd - India
  • Maruti Cements - India
  • Independent Power Producers Association of India
  • SUEK AG - Indonesia
  • Sakthi Sugars Limited - India
  • Makarim & Taira - Indonesia
  • GVK Power & Infra Limited - India
  • EIA - United States
  • Panama Canal Authority
  • Bhatia International Limited - India
  • Indonesian Coal Mining Association
  • Sical Logistics Limited - India
  • Altura Mining Limited, Indonesia
  • Coaltrans Conferences
  • Indogreen Group - Indonesia
  • Eastern Coal Council - USA
  • Rashtriya Ispat Nigam Limited - India
  • ASAPP Information Group - India
  • Iligan Light & Power Inc, Philippines
  • Maheswari Brothers Coal Limited - India
  • Thermax Limited - India
  • IBC Asia (S) Pte Ltd
  • Australian Commodity Traders Exchange
  • Timah Investasi Mineral - Indoneisa
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • TGV SRAAC LIMITED, India
  • Star Paper Mills Limited - India
  • Malco - India
  • Coalindo Energy - Indonesia
  • The India Cements Ltd
  • Bank of China, Malaysia
  • Wood Mackenzie - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Coal and Oil Company - UAE
  • Kartika Selabumi Mining - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Mechel - Russia
  • Asia Cement - Taiwan
  • Inco-Indonesia
  • Bhoruka Overseas - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Gujarat Sidhee Cement - India
  • Xstrata Coal
  • Jatenergy - Australia
  • Cebu Energy, Philippines
  • Ernst & Young Pvt. Ltd.
  • Mercuria Energy - Indonesia
  • Intertek Mineral Services - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • DBS Bank - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • Georgia Ports Authority, United States
  • Japan Coal Energy Center
  • McKinsey & Co - India
  • Permata Bank - Indonesia
  • Aditya Birla Group - India
  • SASOL - South Africa
  • Attock Cement Pakistan Limited
  • Kobexindo Tractors - Indoneisa
  • GN Power Mariveles Coal Plant, Philippines
  • European Bulk Services B.V. - Netherlands
  • Thailand Anthracite
  • Reliance Power - India
  • Gupta Coal India Ltd
  • Arch Coal - USA
  • Mercator Lines Limited - India
  • PLN - Indonesia
  • Carbofer General Trading SA - India
  • Deutsche Bank - India
  • Holcim Trading Pte Ltd - Singapore
  • Price Waterhouse Coopers - Russia
  • Singapore Mercantile Exchange
  • Miang Besar Coal Terminal - Indonesia
  • Electricity Generating Authority of Thailand
  • Bukit Asam (Persero) Tbk - Indonesia
  • Riau Bara Harum - Indonesia
  • Xindia Steels Limited - India
  • Peabody Energy - USA
  • bp singapore
  • Eastern Energy - Thailand
  • Indian Oil Corporation Limited
  • Trasteel International SA, Italy
  • Videocon Industries ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • BRS Brokers - Singapore
  • Energy Link Ltd, New Zealand
  • Rudhra Energy - India
  • SMG Consultants - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Jindal Steel & Power Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Bulk Trading Sa - Switzerland
  • GB Group - China
  • TeaM Sual Corporation - Philippines
  • Samtan Co., Ltd - South Korea
  • Adani Power Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Rio Tinto Coal - Australia
  • Karbindo Abesyapradhi - Indoneisa
  • Petrosea - Indonesia
  • Adaro Indonesia
  • GNFC Limited - India
  • ANZ Bank - Australia
  • Cosco
  • Coeclerici Indonesia
  • Port Waratah Coal Services - Australia
  • White Energy Company Limited
  • Krishnapatnam Port Company Ltd. - India
  • Posco Energy - South Korea
  • Sucofindo - Indonesia
  • CCIC - Indonesia
  • Banpu Public Company Limited - Thailand
  • Pipit Mutiara Jaya. PT, Indonesia
  • Mitsubishi Corporation
  • Thriveni
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Moodys - Singapore
  • SRK Consulting
  • Coal Orbis AG
  • Kideco Jaya Agung - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • ETA - Dubai
  • Central Java Power - Indonesia
  • Glencore India Pvt. Ltd
  • Larsen & Toubro Limited - India
  • Noble Europe Ltd - UK
  • Kalimantan Lumbung Energi - Indonesia
  • KPMG - USA
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Ceylon Electricity Board - Sri Lanka
  • Manunggal Multi Energi - Indonesia
  • Salva Resources Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Fearnleys - India
  • Uttam Galva Steels Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Surastha Cement
  • Maybank - Singapore
  • Agrawal Coal Company - India
  • Jorong Barutama Greston.PT - Indonesia
  • Savvy Resources Ltd - HongKong
  • Commonwealth Bank - Australia
  • TANGEDCO India
  • TNPL - India
  • Leighton Contractors Pty Ltd - Australia
  • NTPC Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • MEC Coal - Indonesia
  • HSBC - Hong Kong
  • TRAFIGURA, South Korea
  • Idemitsu - Japan
  • Aboitiz Power Corporation - Philippines
  • JPower - Japan
  • CESC Limited - India
  • Baramulti Group, Indonesia
  • Tata Power - India
  • Toyota Tsusho Corporation, Japan
  • Thiess Contractors Indonesia
  • International Coal Ventures Pvt Ltd - India
  • OCBC - Singapore
  • Sojitz Corporation - Japan
  • PetroVietnam Power Coal Import and Supply Company
  • Renaissance Capital - South Africa
  • Goldman Sachs - Singapore
  • CIMB Investment Bank - Malaysia
  • The Treasury - Australian Government
  • Edison Trading Spa - Italy
  • Indo Tambangraya Megah - Indonesia
  • EMO - The Netherlands
  • Global Coal Blending Company Limited - Australia
  • The University of Queensland
  • Africa Commodities Group - South Africa
  • Asia Pacific Energy Resources Ventures Inc, Philippines