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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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Wednesday, 04 January 12
NEWBUILDING ORDERS PICKED UP IN 2011, BUT 2012 EXPECTED TO BE A DIFFERENT STORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, ...
Wednesday, 04 January 12
MAHAGENCO TO IMPORT LOW MOISTURE COAL
COALspot.com - Maharashtra State Power Generation Co. Ltd. is the state power generation utility owned by Government of Maharashtra, intends to proc ...
Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.3 ...
Tuesday, 03 January 12
WHICH WAY WILL THE DRY BULK MARKET HEAD ON FIRST WEEK OF THE YEAR? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Dry bulk ship owners will be wondering which way will the BDI (Baltic Dry Index), the industry’s benchmark, will head during the first days of ...
Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
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- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- The University of Queensland
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
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