We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...
Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...
Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...
Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...
Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting ...
|
|
|
Showing 6511 to 6515 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Deloitte Consulting - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
|
| |
| |
|