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

Thursday, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million * Expect to complete the deal in the fourth quarter of 2009 * Delta Dunia has appointed Barclays Ca ...


Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...


Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions * Expects one deal to be completed by the end of 2009 Reuters world's largest international ...


Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons. Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...


Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009  the steam coal prices sank massive in comparison to the previous years quart ...


   1296 1297 1298 1299 1300   
Showing 6486 to 6490 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 ...

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