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, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...
Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...
Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...
Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...
Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
|
|
|
Showing 5556 to 5560 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Planning Commission, India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
|
| |
| |
|
