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Thursday, 06 October 11
REALM SECURES 51% OF KATINGAN RIA COAL PROJECT IN CENTRAL KALIMANTAN
•Realm secures 51% of PT Katingan Ria Thermal Coal Project in Central Kalimantan
•Realm takes ownership of Kalres Limited
•Acquisition finalization (to 75%) and project development work begins
COALspot.com - Realm Resources Ltd announces that it has completed the acquisition of Kalres Limited and through Kalres acquired 51% of PT Katingan Ria (PTKR), an advanced thermal coal exploration project located in Central Kalimantan, Indonesia, for a total transaction value of US$12.6 million and 15 million Performance Rights.
The Katingan Ria Project has the potential to establish Realm as a thermal coal producer within the next 12 months in a nation that has an established coal industry; and is ideally located to export to the high demand southeast Asian markets. Kalres is party to a Master agreement under which Kalres can acquire up to a 75% interest in PTKR.
Commenting on the acquisition, Realm's Managing Director Richard Rossiter said, “ This is a company transforming acquisition. We are excited to have reached this significant milestone in the company’s progress as a coal developer. Work now begins to accelerate the path to production and complete the acquisition to the agreed 75% owner ship level .”
According to the company's report to ASX Australia, A feasibility study on the Katingan Ria Project will be refined with the aim of bringing the Katingan Ria Project into production by mid CY2012. In addition, PTKR will progress the Pinjam Pakai Exploitation license (which allows mining) in respect of 1,500 hectares in the southern part of the Katingan Ria Project as part of Tranche 2 under the Master Agreement. Tranche 2 acquisition is scheduled to be completed by 31 March 2012 subject to satisfactory feasibility study results.
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Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...
Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...
Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...
Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...
Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...
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- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
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