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

Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...


Tuesday, 12 January 10
COAL PRICE FORECAST RAISED AT ANZ ON STRONGER CHINESE DEMAND
Power-station coal price forecasts for this year were raised 19 percent by Australia & New Zealand Banking Group Ltd. on rising demand from Chin ...


Tuesday, 12 January 10
BUMIS SALE CONTRACT ONLY REACHED 35 PERCENT
PT Bumi Resources has only completed 35 percent if its coal sale contract this year. “More than 65 percent of our sale volume did not have a c ...


Monday, 11 January 10
THE MARKET IS LIKELY TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market for the first week of the year was quite active and the market especially in the Panamax and Supramax s ...


Monday, 11 January 10
CHINAS COAL EXPORT MAY DECLINE 50% IN 2009
Preliminary data released by China's General Administration of Customs (GAC) on Wednesday showed that China's coal export reached 2.05 million ton ...


   1219 1220 1221 1222 1223   
Showing 6101 to 6105 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 ...

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