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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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Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
Thursday, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...
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- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Australian Coal Association
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Central Electricity Authority - India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- The University of Queensland
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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