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Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank cubic meter (bcm) of overburden removal in January 2012, a slight decrease of 3.10% from 25.8 million bcm in December last year.
In a company announcement recently published, Delta Dunia posted a 2.6 million tons of coal production in January this year, a 3.70% decrease from 2.7 million tons in December last year.
Compared to the positions in January 2011, DOID booked a flat coal production of 2.6 million tons and a lowered overburden of 3.1% from 25.8 million bcm in January last year.
For the full year of 2011, Delta Dunia, via its wholly owned subsidiary PT Bukit Makmur Mandiri Utama (BUMA), produced 334.1 million bcm OB or increased 14.3% yoy and extracted 34.7 metric tons coal or relatively flat to last year (-1% yoy), which below company’s FY11 target of 340 million-350 million bcm OB & 37 metric tons-38 metric tons coal or about 3%-6% below our expectation respectively.
The fourth quarter of 2011 result could be below expectation.
"In 4Q11, we expect DOID to post net profif of around Rp220 billion. Considering the recovery pace still slow following the weather risk, overall the 4Q11’s operational results below the company’s guidance who expect OB capacity should jump to 31 million-32 million bcm per month on average vs actual of 28.6 million bcm. Therefore we expect there is 15%-20% downside of our earnings forecast in 4Q11," said a morning notes published by Mandiri Sekuritas on January 16 2012.
Source: Insider Stories
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Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- PTC India Limited - India
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Australian Coal Association
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Planning Commission, India
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
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