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Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL


PT Renuka Coalindo Tbk,  formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sarolangun regency, Jambi province, according to media reports in Indonesia. Sharad Ugrankar, Director of Renuka Coalindo, in an official announcement filed to Indonesia Stock Exchange lastweek said the company has entered into a share sale and purchase agreement with PT Surya Commodities, owner of Jambi Prima Coal. PT Renuka Coalindo Tbk  is a subsidiary of Renuka Energy Resource Holdings (FZE).

Insider stories reported that, Jambi Prima is a company that is holding a coal business license of concession in Pauh, Sarolangun, Jambi, Sumatra. However, the announcement hasn't declared yet about the acquisition price.



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Saturday, 17 September 11
GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE FOR US$ 1.26 BILLION
COALspot.com - GVK group, India’s leading infrastructure developer,confirmed arrangements for the acquisition of a strategic part of large, hi ...


Saturday, 17 September 11
INDIA'S GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE PROJECTS IN AUSTRALIA
COALspot.com - GVK group, India’s leading infrastructure developer, today confirmed arrangements for the acquisition of a strategic part of la ...


Friday, 16 September 11
DELTA DUNIA MAKMUR REMOVED 30.9 MILLION BCM OVERBURDEN IN AUGUST 2011
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 30.9 million bcm (+13.2% YoY) overburden in August 2011  while coal production was at 2.9 ...


Thursday, 15 September 11
RUSSIAN COAL EXPORTS UP 10.9% IN JAN-AUG TO 71.50 MILLION TONS - PORT NEWS / HELLENIC SHIPPING
Port News reported that, Coal exports from Russia in January-August 2011 grew by 10.9% compared with the same period last year, to 71.50 million ton ...


Thursday, 15 September 11
INDIAN GOVT PLANS TO DEVELOP 9 NEW MAJOR PORTS BY 2016 - INVEST MONEY / HELLENIC SHIPPING
The government has announced to make a investment of more than Rs 22,000 crore (approximately US$ 4,623,791,331) to develop nine new major ...


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