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, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...


Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...


Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...


Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...


Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...


   1259 1260 1261 1262 1263   
Showing 6301 to 6305 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 ...

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