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

Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company see ...


Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The BDI firmed up this week by almost 8 pct to 2,357 points , the main reason being jump in Cape size index by almost 22 p ...


Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent ...


Thursday, 01 October 09
MJUNCTION LAUNCHES INDIA'S FIRST COAL SPOT PRICE INDEX
• Named 'MJcomposite, MJsteel, MJcement, MJpower' the value weighted index will benefit Indian coal buyers by minimising risk against pr ...


Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...


   1275 1276 1277 1278 1279   
Showing 6381 to 6385 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 ...

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