We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 27 October 10
MAIDEN COAL SHIPMENTS TO NOBLE RESOURCES - PAN ASIA AUSTRALIA
 Press Release :
First Coal Shipments made from Nadvara Coal Project, East Kalimantan
51,616 tonnes delivered from October production – first delivery under long term offtake agreement with Noble Resources Pty Ltd (“Noble”)
First positive cashflows to Pan Asia/Innovation West
Pan Asia Corporation Ltd (“Pan Asia” or the “Company”; ASX: PZC) is pleased to report its maiden coal shipment from the Nadvara coal project in East Kalimantan.
The 51,616 tonne shipment is the first under a four-year offtake agreement between Pan Asia/Innovation West and Noble for the delivery of 4.8 million tonnes of coal, and was loaded via the barge loading facility near the mouth of the Mahakam River, about seven kilometres from the Nadvara mining operation.
Pan Asia CEO Alan Hopkins said the delivery triggered the first positive cashflows for the Company under financing and offtake agreements with Indonesian partner, Ranrich.
“This is a significant miles tone for Pan Asia / Innovation West and demonstrates the success of our strategy to seek and deliver thermal coal opportunities to supply expanding Asian markets” ” he said.
“Our objective is to become a significant resource company in Asia over the coming years and we have amassed a pipeline of exciting coal projects at various stages of development. With the achievement of the Nadvara maiden shipment triggering positive cashflow, we’re now on our way to building shareholder value.”
The rate of deliveries to Noble is scheduled to increase after the initial three months to at least 100,000 tpm.
About Pan Asia
Pan Asia Corporation Limited is a rapidly growing diversified resources company primary listed on the Australian Securities Exchange (ASX: PZC) and secondary listed on the Frankfurt Stock Exchange and with offices in Perth and Sydney, Australia and Jakarta, Indonesia.
The Company aims to be a major supplier of key resources into the expanding Asian markets and is well advanced with requirements for regulatory and shareholder approval for the acquisition of a number of significant coal assets in Indonesia.
The Company has entered into an agreement to acquire Innovation West Pty Ltd, which has a balanced mix of thermal coal assets in Indonesia. These assets include:
1) Projects that generate immediate cashflow (eg Nadvara)
2) A Flagship Pre Development project that has a JORC resource in South Kalimantan (TCM)
3) A Flagship Exploration project that has large tonnage potential (BCKP / SIM)
4) A Pipeline of other project opportunities covering each of the above categories.
The evaluation and development of the current suite of assets in addition to new opportunities that arise from a strong local partner network will be the foundation for the Company’ s aim to become a significant resource company in Asia over the coming years. An extensive international financial network provides support for the Company’ s rapid growth plans.
Pan Asia brings together an experienced Board and management team with a proven track record in the identification, funding and development of resources projects.
For Further Information Contact:
Alan Hopkins Chief Executive Officer Pan Asia Corporation Ltd Tel: + 61 8 9381 5819
Media
Annette Ellis / Tamatha Smith Purple Communications Tel: +61 8 6314 6300
Source: Pan Asia Corp
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
|
|
|
Showing 5526 to 5530 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
|
| |
| |
|
