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

Friday, 18 September 09
STANCHART TO ADVISE BAYAN ON INDONESIA COAL FINANCING
Indonesian coal miner PT Bayan Resources Tbk said on Wednesday it has appointed Standard Chartered Bank as a financial adviser for raising at least ...


Friday, 18 September 09
COKING COAL SUPPLY TO FALL 3 MILLION TONS IN CHINA ON SHUTDOWN
Bloomberg reported that, Coking coal supply in China, the largest consumer, may fall by 3 million metric tons a month after a mine accident this mon ...


Thursday, 17 September 09
FOUR LEFT IN INDIA'S MMTC COAL IMPORT TENDER-SOURCE
Reuters reported that, India's MMTC Ltd has accepted four out of five submissions for an import tender for 12.5 million tonnes of coal, with a bid ...


Thursday, 17 September 09
INDIA SEEKS COAL
IBT commodities reported that, India is on a coal buying spree. The big Asian nation is scrambling to cover an expected shortfall in domestic supply ...


Wednesday, 16 September 09
S. LANKA, INDIA'S NTPC TO SIGN $500 MLN COAL DEAL
Reuters reported that, Sri Lanka is to sign a commercial agreement with India's National Thermal Power Corporation (NTPC.BO) to build a $500 millio ...


   1282 1283 1284 1285 1286   
Showing 6416 to 6420 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 ...

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