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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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Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
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- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
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