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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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Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
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- Samtan Co., Ltd - South Korea
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- Karaikal Port Pvt Ltd - India
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- Intertek Mineral Services - Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
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- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
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- Chamber of Mines of South Africa
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- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
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- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
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- Grasim Industreis Ltd - India
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- VISA Power Limited - India
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- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
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- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
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- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Australian Coal Association
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- Energy Link Ltd, New Zealand
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- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
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- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
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- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
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