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Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
 COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the project. Initial shipment will come at Q2 201, says Realm Resources Ltd.
Realm focus is on platinum group metals ( PGM) in South Africa as well as bulk commodities abroad. In addition, the Company has an aluminium dross treatment plant located in Pietermaritzburg, South Africa.
The project has the potential to transform Realm into a thermal coal producer within the next 12 months in a nation that has an established coal industry and ideally located to export to the high demand Southeast Asian markets, Realm said in its sttement posted company's website.
Realm announced on 12 April 2011 that it has secured an exclusive option to acquire all of the issued capital in Kalres, a company incorporated in the Cayman Islands for an aggregate consideration of US$ 29.6 million and the issue of 15 million performance rights. Kalres is a party to a Master Agreement with PT SMAA, under which Kalres can acquire up to a 75% interest in an Indonesian coal company, PTKR, which holds the Katingan Ria concession (Katingan Ria Project).
The Katingan Ria Project covers 5,053 hectares under Mining Business Permit for Exploration (IUP Exploration) No. 274 and is located in Central Kalimantan within the Katingan Hulu district, approximately 175km North West of the regional capital of Palangkaraya. Approximately 30- 45 km haulage logging roads will be used to haul the coal from the project site to the Katingan River. The barge to port route is approximately 420km on river to the coast.
A conceptual plan for a 3Mtpa open pit project with capital expenditure estimated at about US$41 million (100%) and operating costs in the order of US $40/t FOB (on mother vessel) are envisaged for Katingan. This includes overheads, mining and haulage, crushing, barge transport and transhipping operations, the statment further said.
A marketing agency agreement has been established with Coeclerici Asia (Pte) Ltd (“ CCA” ) with Realm’s coal to be marketed as midium CV, low sulphur, sub bituminous coal will be marketed as a Katingan product.
There is potential for first shipments as early as early next year.
Katingan product would be sold primarily into the power generation markets in India, China and domestically within Indonesia.
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Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
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- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- London Commodity Brokers - England
- Posco Energy - South Korea
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
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