COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS


Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coking coal project in East Kalimantan.

Under an agreement with TSX-listed mining company SouthGobi Energy Resources Kangaroo will acquire all of SGER’s mining assets in Indonesia, including their 85% interest in the Mamahak Coking Coal Project for US$1 million in cash and the issue of 50 million KRL shares.

The acquisition increases the total number of coal projects in KRL’s portfolio to eight, representing another major milestone in the Company’s rapid transformation into a significant Indonesian coal producer.

The Mamahak Project has a JORC resource of 10.22Mt of high-quality coking coal, extensive infrastructure capable of supporting up to 1.5Mtpa coal production and a large 30,000 tonne coking coal stockpile ready for immediate delivery.

The acquisition is consistent with KRL’s strategy of building a sustainable mid-tier mining house over the medium term, focusing on Indonesian coal and using the considerable experience and expertise of its exceptional in-country partners.

Kangaroo’s strategy entails vending in valuable new coal projects, while at the same time continuing to work towards production in the short term from at least two existing projects. The Company is targeting up to 1-2 million tonnes* production in 2010, ramping up progressively thereafter to ultimately achieve up to +10 million tonnes coal per annum from operations within 2-3 years.

Kangaroo Resources
Kangaroo Resources Limited is a coal-focused Company on the Australian Securities Exchange (ASX:KRL). The Company is debt-free and has coal assets in Indonesia, as well as various assets in Australia, including iron ore, base metals and gold.  Kangaroo Resources will be targeting production from its first coal operation in Indonesia in December 2009 and plans to bring other coal mines into production thereafter. The Company ultimately aims to leverage off its strong Indonesian relationships to build a robust mining house, with strong cash flows and an exciting funnel of new projects.
Source: Proactive Investors



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 26 June 10
MONGOLIA COAL RAILWAY TO LINK WITH RUSSIA - BUSINESS WEEK
Business Week reported that, Mongolian lawmakers have approved plans for a rail line linking with Russia to help tap large coal deposits in the sout ...


Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri ...


Friday, 25 June 10
DEMAND FOR COAL COULD BE GRADUALLY RETURNING - FEARNBULK
Handy Atlantic markets seeing more activity today (23 June 2010) after a slump the last weeks. Supramax vessels open in USG are achieving low/mid ...


Thursday, 24 June 10
INDONESIAS BUMI DECLARED US$ 57.1 MILLION (AMOUNTING TO 30% OF 2009 NET INCOME) AS DIVIDEND
COALspot.com: PT Bumi Resources, Tbk’s Annual General Meeting (AGM) today was successfully held with a quorum of 75.89% resulting in sharehold ...


Thursday, 24 June 10
CHINA TARGETS 3.6 BILLION MT ANNUAL COAL OUTPUT FOR 2015
At a forum in Beijing entitled "Chinese energy strategy and energy development in the 12th five-year plan period (2011-2015)", He Youguo, ...


   1151 1152 1153 1154 1155   
Showing 5761 to 5765 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Surastha Cement
  • GNFC Limited - India
  • Bhoruka Overseas - Indonesia
  • Indian School of Mines
  • Thailand Anthracite
  • IOL Indonesia
  • ACC Limited - India
  • Parliament of New Zealand
  • Panama Canal Authority
  • South Luzon Thermal Energy Corporation
  • Renaissance Capital - South Africa
  • World Bank
  • Maersk Broker
  • Semirara Mining and Power Corporation, Philippines
  • Mechel - Russia
  • White Energy Company Limited
  • Bhatia International Limited - India
  • Qatrana Cement - Jordan
  • Jaiprakash Power Ventures ltd
  • Fearnleys - India
  • Star Paper Mills Limited - India
  • PowerSource Philippines DevCo
  • J M Baxi & Co - India
  • bp singapore
  • Romanian Commodities Exchange
  • Edison Trading Spa - Italy
  • Miang Besar Coal Terminal - Indonesia
  • Xindia Steels Limited - India
  • Jindal Steel & Power Ltd - India
  • Humpuss - Indonesia
  • APGENCO India
  • SRK Consulting
  • Thriveni
  • Thai Mozambique Logistica
  • Kapuas Tunggal Persada - Indonesia
  • Merrill Lynch Commodities Europe
  • Borneo Indobara - Indonesia
  • GB Group - China
  • Interocean Group of Companies - India
  • Karaikal Port Pvt Ltd - India
  • Commonwealth Bank - Australia
  • Coalindo Energy - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Kideco Jaya Agung - Indonesia
  • ANZ Bank - Australia
  • Mintek Dendrill Indonesia
  • Australian Commodity Traders Exchange
  • Videocon Industries ltd - India
  • Asia Cement - Taiwan
  • TNB Fuel Sdn Bhd - Malaysia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Enel Italy
  • Bangkok Bank PCL
  • Neyveli Lignite Corporation Ltd, - India
  • ING Bank NV - Singapore
  • Agrawal Coal Company - India
  • Indika Energy - Indonesia
  • Jatenergy - Australia
  • Semirara Mining Corp, Philippines
  • Goldman Sachs - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • VISA Power Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Global Business Power Corporation, Philippines
  • Madhucon Powers Ltd - India
  • Ernst & Young Pvt. Ltd.
  • AsiaOL BioFuels Corp., Philippines
  • Heidelberg Cement - Germany
  • Inspectorate - India
  • Directorate General of MIneral and Coal - Indonesia
  • PetroVietnam
  • RBS Sempra - UK
  • ICICI Bank Limited - India
  • Geoservices-GeoAssay Lab
  • Global Green Power PLC Corporation, Philippines
  • Bank of America
  • GN Power Mariveles Coal Plant, Philippines
  • KPMG - USA
  • Shenhua Group - China
  • CCIC - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Kepco SPC Power Corporation, Philippines
  • Japan Coal Energy Center
  • Tata Power - India
  • Salva Resources Pvt Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • OCBC - Singapore
  • KEPCO - South Korea
  • Idemitsu - Japan
  • TGV SRAAC LIMITED, India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Economic Council, Georgia
  • Petrochimia International Co. Ltd.- Taiwan
  • WorleyParsons
  • Gujarat Mineral Development Corp Ltd - India
  • Indonesia Power. PT
  • Attock Cement Pakistan Limited
  • Ind-Barath Power Infra Limited - India
  • IBC Asia (S) Pte Ltd
  • Electricity Generating Authority of Thailand
  • KOWEPO - South Korea
  • globalCOAL - UK
  • Uttam Galva Steels Limited - India
  • Georgia Ports Authority, United States
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Aboitiz Power Corporation - Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Merrill Lynch Bank
  • Indian Energy Exchange, India
  • Binh Thuan Hamico - Vietnam
  • Gresik Semen - Indonesia
  • Ambuja Cements Ltd - India
  • Larsen & Toubro Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Energy Link Ltd, New Zealand
  • Gupta Coal India Ltd
  • U S Energy Resources
  • UBS Singapore
  • Orica Mining Services - Indonesia
  • TANGEDCO India
  • Ministry of Mines - Canada
  • Kohat Cement Company Ltd. - Pakistan
  • JPMorgan - India
  • Sree Jayajothi Cements Limited - India
  • HSBC - Hong Kong
  • Rudhra Energy - India
  • PLN - Indonesia
  • Coaltrans Conferences
  • Deloitte Consulting - India
  • Vitol - Bahrain
  • Therma Luzon, Inc, Philippines
  • GVK Power & Infra Limited - India
  • Trasteel International SA, Italy
  • Sojitz Corporation - Japan
  • Bharathi Cement Corporation - India
  • Mitsui
  • Platou - Singapore
  • EMO - The Netherlands
  • PNOC Exploration Corporation - Philippines
  • Orica Australia Pty. Ltd.
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • TRAFIGURA, South Korea
  • PetroVietnam Power Coal Import and Supply Company
  • Wood Mackenzie - Singapore
  • Leighton Contractors Pty Ltd - Australia
  • KPCL - India
  • Gujarat Sidhee Cement - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Wilmar Investment Holdings
  • Standard Chartered Bank - UAE
  • PLN Batubara - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • NALCO India
  • Malabar Cements Ltd - India
  • Sakthi Sugars Limited - India
  • SGS (Thailand) Limited
  • London Commodity Brokers - England
  • Barasentosa Lestari - Indonesia
  • Indian Oil Corporation Limited
  • Cement Manufacturers Association - India
  • Indogreen Group - Indonesia
  • Shree Cement - India
  • IEA Clean Coal Centre - UK
  • The University of Queensland
  • Power Finance Corporation Ltd., India
  • Tamil Nadu electricity Board
  • Arutmin Indonesia
  • Tata Chemicals Ltd - India
  • Sucofindo - Indonesia
  • Clarksons - UK
  • Independent Power Producers Association of India
  • Total Coal South Africa
  • Ceylon Electricity Board - Sri Lanka
  • San Jose City I Power Corp, Philippines
  • Moodys - Singapore
  • Samtan Co., Ltd - South Korea
  • Coal India Limited
  • Bangladesh Power Developement Board
  • Barclays Capital - USA
  • Manunggal Multi Energi - Indonesia
  • Energy Development Corp, Philippines
  • Kobe Steel Ltd - Japan
  • Cardiff University - UK
  • Petrosea - Indonesia
  • Antam Resourcindo - Indonesia
  • Noble Europe Ltd - UK
  • Thiess Contractors Indonesia
  • Price Waterhouse Coopers - Russia
  • Cebu Energy, Philippines
  • Indonesian Coal Mining Association
  • Timah Investasi Mineral - Indoneisa
  • Formosa Plastics Group - Taiwan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Coal Orbis AG
  • ASAPP Information Group - India
  • Banpu Public Company Limited - Thailand
  • Bulk Trading Sa - Switzerland
  • Ince & co LLP
  • Globalindo Alam Lestari - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Peabody Energy - USA
  • Iligan Light & Power Inc, Philippines
  • BNP Paribas - Singapore
  • India Bulls Power Limited - India
  • Chamber of Mines of South Africa
  • Meralco Power Generation, Philippines
  • Latin American Coal - Colombia
  • Coastal Gujarat Power Limited - India
  • Sical Logistics Limited - India
  • Sarangani Energy Corporation, Philippines
  • Lanco Infratech Ltd - India
  • World Coal - UK
  • Permata Bank - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • SASOL - South Africa
  • Core Mineral Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Savvy Resources Ltd - HongKong
  • IHS Mccloskey Coal Group - USA
  • Mjunction Services Limited - India
  • Britmindo - Indonesia
  • Mercator Lines Limited - India
  • Indorama - Singapore
  • CESC Limited - India
  • The India Cements Ltd
  • Cosco
  • Rio Tinto Coal - Australia
  • Vizag Seaport Private Limited - India
  • Berau Coal - Indonesia
  • Marubeni Corporation - India
  • New Zealand Coal & Carbon
  • Samsung - South Korea
  • Credit Suisse - India
  • EIA - United States
  • SUEK AG - Indonesia
  • Intertek Mineral Services - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Aditya Birla Group - India
  • Altura Mining Limited, Indonesia
  • Xstrata Coal
  • TeaM Sual Corporation - Philippines
  • DBS Bank - Singapore
  • Dalmia Cement Bharat India
  • Eastern Energy - Thailand
  • Ministry of Transport, Egypt
  • European Bulk Services B.V. - Netherlands
  • Maruti Cements - India
  • Central Java Power - Indonesia
  • Asian Development Bank
  • Central Electricity Authority - India
  • Argus Media - Singapore
  • The Treasury - Australian Government
  • Cargill India Pvt Ltd
  • The State Trading Corporation of India Ltd
  • Thermax Limited - India
  • Reliance Power - India
  • Russian Coal LLC
  • Vale Mozambique
  • MEC Coal - Indonesia
  • Ministry of Finance - Indonesia
  • CoalTek, United States
  • BRS Brokers - Singapore
  • Parry Sugars Refinery, India
  • Asmin Koalindo Tuhup - Indonesia
  • Makarim & Taira - Indonesia
  • JPower - Japan
  • Posco Energy - South Korea
  • Directorate Of Revenue Intelligence - India
  • Medco Energi Mining Internasional
  • Maheswari Brothers Coal Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Kaltim Prima Coal - Indonesia
  • ETA - Dubai
  • NTPC Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Deutsche Bank - India
  • Mercuria Energy - Indonesia
  • Siam City Cement PLC, Thailand
  • Platts
  • Vedanta Resources Plc - India
  • Meenaskhi Energy Private Limited - India
  • Infraline Energy - India
  • Eastern Coal Council - USA
  • Kobexindo Tractors - Indoneisa
  • Minerals Council of Australia
  • SN Aboitiz Power Inc, Philippines
  • Coal and Oil Company - UAE
  • SMG Consultants - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Baramulti Group, Indonesia
  • UOB Asia (HK) Ltd
  • Electricity Authority, New Zealand
  • Africa Commodities Group - South Africa
  • Kumho Petrochemical, South Korea
  • Tanito Harum - Indonesia
  • Glencore India Pvt. Ltd
  • Inco-Indonesia
  • Adaro Indonesia
  • CNBM International Corporation - China
  • Billiton Holdings Pty Ltd - Australia
  • Runge Indonesia
  • Adani Power Ltd - India
  • Maybank - Singapore
  • Lafarge - France
  • Essar Steel Hazira Ltd - India
  • CIMB Investment Bank - Malaysia
  • Singapore Mercantile Exchange
  • Planning Commission, India
  • PTC India Limited - India
  • Arch Coal - USA
  • IMC Shipping - Singapore
  • Mitsubishi Corporation
  • Pinang Coal Indonesia
  • LBH Netherlands Bv - Netherlands
  • Carbofer General Trading SA - India
  • Holcim Trading Pte Ltd - Singapore
  • MS Steel International - UAE
  • Jorong Barutama Greston.PT - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Metalloyd Limited - United Kingdom
  • GHCL Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Simpson Spence & Young - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Oldendorff Carriers - Singapore
  • Bhushan Steel Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • SMC Global Power, Philippines
  • Straits Asia Resources Limited - Singapore
  • McKinsey & Co - India
  • Rashtriya Ispat Nigam Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • GMR Energy Limited - India
  • Riau Bara Harum - Indonesia
  • Australian Coal Association
  • Cigading International Bulk Terminal - Indonesia
  • Mitra SK Pvt Ltd - India
  • Pendopo Energi Batubara - Indonesia
  • Port Waratah Coal Services - Australia
  • Chettinad Cement Corporation Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Coeclerici Indonesia
  • Malco - India
  • Grasim Industreis Ltd - India
  • McConnell Dowell - Australia
  • Freeport Indonesia
  • TNPL - India
  • Bukit Baiduri Energy - Indonesia
  • Cemex - Philippines
  • Anglo American - United Kingdom
  • Bank of China, Malaysia
  • Petron Corporation, Philippines
  • Siam City Cement - Thailand
  • Thomson Reuters GRC