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
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA


COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.

According to company's disclosure, the Agreement relates to two exploration licences (PT. Tata Borneo Wikajaya (5500 ha) & PT. Tata Buana Kharisma (10000 ha)) in the Long Bagun District, Kutai Barat Regency in East Kalimantan Indonesia.

The Project lies to the south west of the Mahakam River and in close proximity to the Mamahak Village, an area known to produce semi soft coking coal.

Highlights:
Potential to acquire up to 100% ownership in two coal exploration licences in East Kalimantan
Vendors to be paid A$800,000 via an issue of 4,000,000 Shares at a deemed issue price of A$0.20, a 90% premium to the last traded price for the acquisition of the initial Stage 1 Interest
Exploration licences are in close proximity to the Mamahak semi-soft coking coal mine
The exploration licences cover a total land area of 15,500Ha (155km2)
The Company will undertake a technical due diligence work program on the exploration licences
Company remains fully funded with approximately A$3.75m as at December 2011

About EPIC
Epic Resources is an Australian-based exploration company that was initially established to acquire, explore, evaluate and exploit uranium-REE deposits and explore prospective uranium tenements and other minerals.

Epic Resources entered into a Farm-in Agreement with Cazaly Iron Pty Ltd (Cazaly), pursuant to which the Company has a right to earn a 75% interest in the Quartz Hill Project.|

In addition to seeking to earn a 75% interest in the Quartz Hill Project and as outlined in the Company’s Prospectus, the Company intends to pursue new projects in the resources sector, both in Australia and overseas, by way of acquisition or investment.

These projects may include other types of minerals including, without limitation, coal, iron ore, copper, gold, manganese, tin, nickel, potash and tungsten.

For more information, visit
www.epicresources.com.au



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

Recent News

Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand  Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...


Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


   1 2 3 4 5   
Showing 1 to 5 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 ...

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