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Saturday, 25 April 09
INDO TAMBANGRAYA MEGAH ALLOCATED USD 126 MILLION FOR CAPITAL SPENDING - MAJALAH TAMBANG
Somyot Ruchirawat, President Director of PT Indo Tambangraya Megah, Tbk (ITMG), has announced the company's total dividend payment of Rp 1,345 per share. The announcement was made during a press conference following the annual stockholders meeting held on 17 April 2009.
Mr. Ruchirawat also explained that the payment would be completed in three phases, as the company has made two previous payments in 2008. The first payment was made in October 2008, of Rp 344 per share, the second was made in December 2008, of Rp 295 per share. The final payment of Rp 706 per share is scheduled for 28 Mei 2009.
Additionally, the company also announced a total sum of USD 126 million for its capital spending budget for year 2009. The budget was allocated for several activities, i.e. USD 41 million for harbor expansion in Bontang, USD 7 million for Bharinto, USD 6 million for Bontang Power Plant, USD 15 million for Indominco East Block, and USD 57 million for mining development.
According to Mr. Ruchirawat, the company is still monitoring development in the commodity market for acquisitions. “We are planning to acquire several coal mining companies,” he stated.
Although the acquisition source of funding was included in the internal budget, Mr. Ruchirawat has also indicated that the company might also obtain additional loan from banking institution. “We are relying on the company’s internal funding. However, there is also a possibility to obtain additional loan from banking institution,” he concluded.
Source: http://www.majalahtambang.com/detail_berita.php?category=15&newsnr=1397
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Saturday, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate u ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
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- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- The University of Queensland
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
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