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, 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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...


Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...


Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract Mining and metals conglomerate Vedant ...


Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground. The BDI fell 5%, a ...


Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...


   1196 1197 1198 1199 1200   
Showing 5986 to 5990 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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