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Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says president Chanin Wongkusolkij.
"It is possible that revenue could drop, but the impact on net profits should be minimal," said Mr Chanin.
The Jorong mine in South Kalimantan on Borneo was suspended earlier this month by local police pending an investigation into land-use permits for a protected forest area.
The Forestry Ministry revoked the land-use permits for 23 mining and other operations in forested areas and said it may crack down further.Banpu last year generated revenue of 57 billion baht, 90% from mining in Indonesia and the rest from mines in China, electricity production and the power business in Thailand.
Annual coal production at Jorong contributes 1.9 million tonnes or 8% of the company's projected production of 23 million tonnes this year.
The company is in talks with Indonesian government officials over reopening the mine. Jorong still has five to seven years of operation left, said Mr Chanin.
Banpu has six coal concessions in South Kalimantan, including Jorong.
Banpu projects coal prices will be stable after the second half of the year. Prices are now US$88-89 per tonne and the average coal price in 2009 was $72.
Demand is expected to be stronger, especially in China and India, but prices might be lower than last year because of lower coal quality, Mr Chanin said.
Banpu since Jan 1 has sold about 50% of its total production of 23 million tonnes at an average price of $60.
BANPU shares closed yesterday on the SET at 526 baht, up 4 baht, in trade worth 270.5 million baht.
Source: Bangkok Post
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Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...
Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy
The BSI regained positive momentum exactly a week ago and the Atlantic rema ...
Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...
Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...
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- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- The University of Queensland
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
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