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Monday, 26 March 12
GOLDEN MINES FY11 REVENUE JUMPS 209% - INSIDER STORIES
Insider Stories reported that, coal miner PT Golden Energy Mines Tbk (GEMS), that is controlled by Sinar Mas Group, recorded a 209% jump in revenue last year to Rp 2.86 trillion (approximately US$ 311.123 million) from Rp927 billion (approximately US$ 100.843 million) a year earlier.
Profit after tax jumped 788% to Rp 302 billion (approximately US$ 32.852 million) from Rp 34 billion (approximately US$ 3.698 million), mainly driven by strong growth of coal production last year.
Golden Mines produced 4.39 million tons of coal last year from 1.77 million tons. Coal mining production facilities, located in Sumatra, East Kalimantan, and South Kalimantan, have reserves of 911.25 million tons per December 31 2011.
"The year of 2011 was a break through for us and an effort to continue oyr business as one of the largest coal players in Asia Pacific," said President Director Fuganto Widjaja in a statement filed to Indonesia Stock Exchange last week. Fuganto is son of Indra Widjaja.
Source: Insider Stories
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Tuesday, 15 May 12
POTENTIAL BOOM OF CHINAS COAL IMPORTS COULD PROVIDE FURTHER SUPPORT TO DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been moving sideways during the past week with the industry’s benchmark, the Baltic Dry Index (BDI) losing 0.53% on th ...
Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points.
The cape index was up by 2.41 pct closing at 1,61 ...
Friday, 11 May 12
POLITICAL CHANGES COULD LEAD TO TEMPORARY HALT IN SHIPPING INVESTMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The potential of changes of political leadership in many of the world’s leading economies could very well lead to significant shifts in the di ...
Thursday, 10 May 12
DRY BULK ERRATIC ON LACK OF DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept up its erratic behavior as it went down again during yesterday’s session, on a lack of direct guidance in terms o ...
Wednesday, 09 May 12
COAL INDIA SIGNS FSAS WITH 13 POWER UNITS SO FAR - PTI
Press Trust of India has reported that, coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa P ...
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- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
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