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

Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...


Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...


Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group. The week was & ...


Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...


Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...


   1264 1265 1266 1267 1268   
Showing 6326 to 6330 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 ...

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