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Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a minority stake in London-based Bumi Plc, which has access to nearly 80 million tons of coal production currently controlled by Bakrie family.
PT Bakrie & Brothers, that owns 47% stake in Bumi Plc, breached two conditions in a US$1.35 billion loan agreement obtained from Credit Suiise AG and a group of lenders.
As a result, Bakrie & Brothers, as quoted by Bisnis Indonesia today, is in a default position. However, Bakrie management has confirmed that the company is not in such position. The company is considering to restructure or pay the loan facility of US$597 million that will mature in March 2012.
An analyst at Liberum Capital Ltd said the potential sale of Bumi Plc has drawn interest from several investors. "Glencore is the closest suitor, regarding to the relations with Bakrie Group.
Source: Insider Stories
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Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
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- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- White Energy Company Limited
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
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