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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
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- The University of Queensland
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
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