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Tuesday, 14 August 12
SAKARI ENTERED INTO JV IN CAMBODIA TO EXPLORE COAL OPPORTUNITIES
COALspot.com - Sakari joints hands with The Royal Group of Companies in Cambodia to explore and develop coal opportunities throughout the country.
The press statement posted on company’s website says, a Joint Venture in Cambodia, which is Sakari’s first venture outside of Indonesia and into one of South-East Asia’s new mining frontiers.
Sakari has also signed a Heads of Agreement (HOA) recently 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.
The report further said that, Sakari has commenced coal exploration activity over an initial area totaling approximately 100,000 hectares in Cambodia.
The start of work follows the signing of a Joint Venture with The Royal Group of Companies, Cambodia for exploration and development of coal opportunities throughout the country and the initial acquisition of exploration rights over prospective land holdings by the JV.
The Royal Group is one of Cambodia’s leading business groups, as stated in statement. Sakari will exercise management control of the JV with 70% of the initial equity along with the obligation to fund exploration and pre-feasibility activities.
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.
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Tuesday, 04 September 12
SHIP OWNERS' COMPETITION LEADS TO TANKER FIXTURES BELOW OPERATING COSTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners operating in the VLCC tanker markets are increasingly finding it difficult to obtain even breakeven rates for their vessels, as competit ...
Tuesday, 04 September 12
ORPHEUS SECURES ADDITIONAL SIGNIFICANT KINTAP COAL PROJECT IN SOUTH KALIMANTAN
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...
Monday, 03 September 12
SHIPOWNERS TO WAIT FOR FURTHER PRICE REDUCTIONS IN THE SECOND HAND VESSEL MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With September now upon us, shipbrokers are looking towards an interesting winter season, as ship owners are looking to capitalize on more second ha ...
Sunday, 02 September 12
ADAROS COAL ROYALTIES TO THE GOVERNMENT INCREASED BY 10.5 PERCENT Y-O-Y TO US$196.8 MILLION
COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...
Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070 percent and 0.422 percent respectively on W-o-W and D- ...
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- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
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- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
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- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Economic Council, Georgia
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- VISA Power Limited - India
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- Independent Power Producers Association of India
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- Indian Energy Exchange, India
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- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
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- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
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- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- The University of Queensland
- Power Finance Corporation Ltd., India
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- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
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- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
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- Mintek Dendrill Indonesia
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- Bulk Trading Sa - Switzerland
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- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
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- Petrochimia International Co. Ltd.- Taiwan
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- Medco Energi Mining Internasional
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- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
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- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
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- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
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- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
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- SMC Global Power, Philippines
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- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Parry Sugars Refinery, India
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- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
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