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, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...


Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...


Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...


Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...


Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...


   1286 1287 1288 1289 1290   
Showing 6436 to 6440 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 ...

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