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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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Monday, 06 August 12
COAL EXPORTS COULD ADD $2B TO $6B ANNUALLY TO U.S. ECONOMY - HELLENIC SHIPPING
Business groups backing Pacific Northwest coal export proposals on Thursday lauded a new report that claims increased U.S. coal exports could bring ...
Sunday, 05 August 12
SUB-BIT INDONESIA COAL SWAPS ARE WAY UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.36 percent on Friday (3 August 2012) closing W-o-W but gained& ...
Sunday, 05 August 12
INDONESIA'S ADARO TRIMS PRODUCTION FORECAST, CITES BAD ECONOMY - THE JAKARTA GLOBE
The Jakarta globe reported that, Adaro Energy, the country’s second-largest coal producer, has cut its annual production forecast to between ...
Sunday, 05 August 12
DRY BULK FREIGHT MARKET TO STAY WEAK NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com - The freight market continued to soften further in all segments.
The BDI was down by 8.68 pct closing at 852 points. The cape index ...
Friday, 03 August 12
INDIA - LIGHTS OUT! - SALVA
The Indian power sector hit global headlines this week for all the wrong reasons. Firstly, on Monday, over 350 million people lost power across nort ...
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- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
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