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, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...


Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...


Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...


Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands. The Viet Nam Coal ...


Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...


   1226 1227 1228 1229 1230   
Showing 6136 to 6140 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 ...

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