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Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's previous initial public offering (IPO) held between July 1 and 3.
Through the IPO, the company offered 73 percent its shares to the public at the price of Rp 115 a share and managed to secure Rp 210 billion in proceeds.
Garda director for business development Socrates Rudy Sirait says that the company will use 45.27-percent of the proceeds for capital expenditure, 9.19 percent for loan refinancing and 45.55 percent for working capital.
With that budget, the company targets to produce 900,000 tons of coal by the end of the year and will double it to the level of 1.8 million tons in 2010.
Last year, the company produced 30,000 tons of coal.
The company has a coal concession in Bunyu island, East Kalimantan with a total coal reserve of 140 million tons.
Source: The Jakarta Post
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Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...
Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...
Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think.
But power major NTPC Ltd is finding that this year’s coal is not yie ...
Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...
Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the numb ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Gujarat Sidhee Cement - India
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- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
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- Merrill Lynch Commodities Europe
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- Bayan Resources Tbk. - Indonesia
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- Australian Commodity Traders Exchange
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- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
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- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
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- Anglo American - United Kingdom
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- SMC Global Power, Philippines
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- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
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- Ministry of Transport, Egypt
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- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
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- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
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- Mintek Dendrill Indonesia
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- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
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- Australian Coal Association
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
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- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
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- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
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- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Planning Commission, India
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- Eastern Coal Council - USA
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- Offshore Bulk Terminal Pte Ltd, Singapore
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