We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 14 August 12
SAKARI SIGNS HEADS OF AGREEMENT TO ACQUIRE SIX COAL CONCESSIONS IN INDONESIA
 COALspot.com - Sakari has signed a Heads of Agreement (HOA) to acquire a 100% interest in up to six IUPs, covering an area of over 29,000 hectares, located some 30km to the north of Sakari’s Jembayan Mine in East Kalimantan.
According to statement posted on company’s website, under the HOA, Sakari will undertake an exploration programme and due diligence review and, if the results from these activities prove satisfactory to Sakari, the acquisition will proceed to completion.
Drilling of the properties will start in August 2012 with preliminary results expected towards the end of the year.
Sakari has paid an initial, refundable cash deposit of US$2 million. If the transaction moves to completion, Sakari will pay an additional US$2 million in cash plus an equity component, which will be determined by reference to the results from the drilling programme and the number of IUPs to be acquired.
The total equity consideration is capped at US$60 million in value, should Sakari decide to acquire an interest in all the IUPs.
The statement further said that, the HOA is between PT Separi Energy, a subsidiary of Sakari Resources Limited, and Rudy Ong Chandra and Hairil Hasmy (Sellers). Under the HOA Separi Energy may acquire 100% of the shares in all or any of PT Sepiak Jaya Kaltim, PT Cahaya Bara Kaltim, PT Bunga Jadi Lestari and PT Anugerah Pancaran Bulan, the companies which own the exploration IUP’s.
The book value, net tangible asset value and open market value of the companies have not yet been determined and they have not yet commenced business.
About Sakari:
Sakari (SGX: SAR) is a coal company with a focus on supplying thermal coal to major power utilities and industrial users in Asia. Production from Indonesia in 2011 was 10.7Mt, making it one of the country’s largest thermal coal exporters.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 07 June 14
U.S. MONTHLY COAL PRODUCTION SLIGHTLY HIGHER IN MAY 2014
COALspot.com – United States the world's second largest coal producer, produced approximately 19.2 million short tons (mmst) of coal in a ...
Friday, 06 June 14
RICHARDS BAY COAL TERMINAL SHIPPED 4.221 MMT OF COAL TO SOUTHERN ASIAN COUNTRIES IN MAY
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 5.58 million tons ...
Thursday, 05 June 14
RBCT SOUTH AFRICA SHIPPED 21% LESS COAL IN APRIL COMPARED TO MARCH EXPORTS
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 5.45 million tons ...
Thursday, 05 June 14
PANAMAX : THIS WEEK STARTED IN A SLOW PACE - FEARNLEYS
Handy
After last week's silent and unexciting week we see some more activity this week, especially from the South American market. The rates ...
Thursday, 05 June 14
PORT OF NEWCASTLE SHIPPED 2.91 MMT OF COAL IN THIS PAST WEEK
COALspot.com: The figure constitutes a 4.30 percent higher compared to the previous week, following a week on week decreased of 19.13 percent recor ...
|
|
|
Showing 3671 to 3675 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Planning Commission, India
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
|
| |
| |
|
