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Monday, 19 December 11
KOPEX COMMITS ADDITIONAL ONE MILLION DOLLAR FOR PT TRANSCOAL MINERGY
COALspot.com - Mining contractor Kopex has agreed to extend a further US$1 million to finance the remainder of the expanded drill program at PT Transcoal Minergy project in South Kalimantan.
According to Pan Asia Corporation Ltd's media statment posted on its website, Kopex increases commitment to 115mt JORC TCM Project (PT Transcoal Minergy project) by agreeing to fund additional US $1 million to cover all costs of expanded drill programme. Funding repayable at Pan Asia election in cash or convertible in Pan Asia ordinary fully paid shares at AUD $0.15 per share within 60 days following final feasibility study completion.
Pan Asia Corporation Ltd informed ASX today that the fund will be used to complete the final feasibility study of TCM, which is expected by end of March 2012.
In October 2011, the Company upgraded its initial JORC Resource at the TCM Project to 114.6 million JORC tonnes consisted of measured 35.6 million tons, indicated 35.1 million tons, and inferred 43.9 million tons according to the report posted on company's website.
About Pan Asia Corporation Limited
Pan Asia Corporation Limited is a rapidly growing resource company listed on the Australian Securities Exchange (ASX: PZC) with offices in Perth, Sydney, and Jakarta. The Company aims to be a major supplier of key resources into the expanding Asian markets and has a balanced mix of thermal coal assets in Indonesia.
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Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...
Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...
Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...
Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...
Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...
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- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- PTC India Limited - India
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Australian Coal Association
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
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