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.
|
|
Tuesday, 14 August 12
UNCERTAIN FUTURE FOR DRY BULK PANAMAX SHIPS - DREWRY / HELLENIC SHIPPING
The dry bulk shipping market is in a poor state, with the Capesize segment the worst of all. Unfortunately, the latest analysis from Drewry Maritime ...
Monday, 13 August 12
5TH VIETNAM PORTS AND LOGISTICS 2012
Press Release - Co-hosted by VINAMARINE, the 5th Vietnam Ports and Logistics2012 will feature dedicated sessions on port and transport infrastructur ...
Monday, 13 August 12
ACTIVE DRY BULK FLEET INCREASES BY 8% SO FAR IN 2012 IN TERMS OF TONNAGE CAPACITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s no wonder that the dry bulk market has been tethering since the start of the year. the overflow of tonnage has been so enormous, that eve ...
Sunday, 12 August 12
COAL FREIGHT RATES FALL FLAT TO SOFT ON OVERSUPPLY, WEAK DEMAND - VISTAAR SINGAPROE
COALspot.com - The BDI continued its fall 10th August.
This week all segments were down including BDI down by 9.15 pct closing at 774 points .The ...
Saturday, 11 August 12
INDONESIAN COAL REFERENCE PRICE HAS LOST 27.78 PERCENT YOY
COALspot.com - Indonesian HBA fell again in August.
The monthly coal reference price for coal sales this month fell 3.32 percent. HBA fell ...
|
|
|
Showing 4616 to 4620 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Planning Commission, India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- MS Steel International - UAE
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
|
| |
| |
|
