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, 01 September 09
GLOBAL COAL PRICES UNDER PRESSURE AS CHINESE PROVINCE RETURNS TO THE PRODUCTION FRAY - REUTERS
China is set to return to role of coal exporter as the deadline for thousands of small coal mines in its Shanxi province to reopen after being shut ...


Tuesday, 01 September 09
INDONESIA PLN SECURES 1.9 MILLION TONNES COAL FOR NEW POWER PLANT
Reuters reported that Indonesia's state electricity firm PT Perusahaan Listrik Negara has secured 1.9 million tonnes of sub bituminous coal per yea ...


Tuesday, 01 September 09
EXPORT OF COAL RAW MATERIAL SHOULD BE REDUCED - INDONESIAN OFFICIAL
Antara reported that, Coal producing companies should reduce the volume of their export of coal raw material and increase the volume of their finish ...


Tuesday, 01 September 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 23%, SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 23 percent ...


Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...


   1290 1291 1292 1293 1294   
Showing 6456 to 6460 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 ...

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