Iron ore contract prices are expected to remain at the current levels in the range of US$120-140 per ton FOB for the foreseeable future. How come that Yiwan Group, which sold over 1 million tons of iron ore in 2010 only generated turnover of RMB172 million? How much...

Borneo Lumbung's Samin Tan reportedly plans to acquire Bumi Resources Minerals (BRMS) from Bumi Resources (BUMI). It was Bumi Plc, which initially planned to acquire BRMS. We all know what happened in the past few months. Borneo Lumbung is now partner of Bakrie Group...

Bhakti Coal Resources (BCR), controlled by Harry Tanoesoedibjo family, claimed to have started commercial coal production at two of its coal mines. One of them reportedly produced 90,000 tons per month, while the other one 100,000 tons per month. How about AKR, Salim,...

Some people, including major coal players, believe falling prices have prevented smaller players from continuing production. They expect that would lead to a new balance in supply-demand. Unfortunately, that might not be the case. In this report: (1) Killara...

Bumi Resources (BUMI) and Berau Coal Energy (BRAU) plummeted 12.16% and 15.32% respectively to their new lows Tuesday (September 4). Other coal stocks were also in red, but with substantially smaller losses.  Tired of speculating on these two? In this report: (1)...

PT Tamtama Perkasa has just signed a mining services contract worth US$393 million with PT Thiess Contractors Indonesia for Tamtama's coal concession in Muara Teweh, Central Kalimantan. Looking at the group behind Tamtama, speculations rife for next move. Under the...

Canadian publication The Globe and Mail published an article titled A Cautious Optimism for Coal Tuesday (Jan 3rd) where it highlighted concerns about slowing down of consumption in China, the world's largest consumer of thermal, coking coal, and iron ore. But that's...

Coal stocks opened mixed in the region this morning. Borneo Lumbung Energi (BORN) and Bumi Resources drop 3.23% and 1.7% respectively, while Indika and Indo Tambangraya in positive territory. In Hong Kong, China Shenhua and China Coal down 0.2% and 1.2% respectively....

Shares of Sumatra Copper & Gold (SUM) gained almost 200% since June 2012 to make a market capitalization of A$32.4 million. It is smaller than Intrepid Mines Ltd or Kingsrose Mining Ltd. The company's value, however, might get a boost from optimism surrounding...

NG Group is a growing player in coal industry here. The group claimed to have entered into joint ventures in South and East Kalimantan. This is one of business groups, which initially engaged in timber business with export market in Asia and Middle East countries....