We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...
Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...
|
|
|
Showing 5881 to 5885 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- The University of Queensland
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Planning Commission, India
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- London Commodity Brokers - England
|
| |
| |
|
