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 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Australian Coal Association
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Planning Commission, India
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- MS Steel International - UAE
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- White Energy Company Limited
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
|
| |
| |
|
