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

Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...


Thursday, 24 December 09
EUROSEAS LTD. ANNOUNCES TWO-YEAR TIME CHARTER AGREEMENT FOR PANAMAX BULK CARRIER
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerize ...


Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolv ...


Wednesday, 23 December 09
BUKIT ASAM SEES CHINA COAL DEMAND BOOST
* Rebound in prices to have pushed up 2009 revs * To more than double Tarahan port capacity Reuters reported that, Indonesian state-owned coal m ...


Wednesday, 23 December 09
MACARTHUR COAL OFFERS TO BUY RIVAL GLOUCESTER
Queensland-based Macarthur Coal will offer to buy fellow Australian Gloucester Coal, in a move to add two new mines and increase coal resources. ...


   1228 1229 1230 1231 1232   
Showing 6146 to 6150 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 ...

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