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
Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER


Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry that can exponentially perk up domestic economic growth.

San Miguel president Ramon Ang said Southeast Asia’s biggest food and beverage conglomerate, which has been diversifying into heavy industries, was also starting to pare down its debts while keeping enough for future acquisitions.

“In the Philippines, the potential of mining is so huge because we have a good deposit of gold, nickel and iron ore,” Ang said.

“If you can develop it, it’s big compared to existing players. We have so many ideas but we’re doing everything quietly,” he said.

San Miguel earlier obtained a foothold in the country’s biggest power retailer Manila Electric Co. and oil refiner Petron Corp. It is also investing in dormant Liberty Telecom Holdings Inc., which it plans to use as its vehicle for its foray into the highly competitive telecommunications business.

Ang said San Miguel was in talks with many groups and open to an array of opportunities but would like to keep details of its merger and acquisition strategy close to its chest.

San Miguel had looked at offshore mining opportunities too, particularly in Indonesia.

Earlier, American investment banking giant Goldman Sachs offered a piece of Indonesia’s second most valuable coal miner Adaro Energy, but Ang said the stake offered was too small.

The conglomerate had earlier looked into the biggest Indonesian coal miner PT Bumi Resources when its controlling stockholder, the Bakrie family, was selling assets to restructure debts.

For its part, Ang said San Miguel had started to use excess cash to reduce its debt, both at the parent and subsidiary levels.

As of end-March last year, San Miguel at the parent level had P51 billion worth of drafts and notes payable.
Source: http://business.inquirer.net/money/breakingnews/view/20090608-209313/San-Miguel-eyes-local-mining-ventures



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

Recent News

Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...


Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...


Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...


Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...


Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore):  Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...


   1338 1339 1340 1341 1342   
Showing 6696 to 6700 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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