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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, 13 September 12
PANAMAX: THE NEGATIVE TREND, POOR SENTIMENT CONTINUES - FEARNLEYS AS
Handy
Lack of cargoes and a growing list of available ships is causing rates to slip for all Atlantic trades.
The only trade keeping somewhat s ...
Thursday, 13 September 12
FUEL EFFICIENT SHIPS MAY BE MORE EXPENSIVE, BUT THEY MAKE FINANCIAL SENSE SAYS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest trend in shipbuilding is the so called "Eco" ship, i.e. ships which offer much better fuel consumption and are more cost-effect ...
Wednesday, 12 September 12
INDIAS COALGATE: TIME FOR A ROOT CANAL
A recent report from India’s Comptroller and Auditor General (CAG) pertaining to the allocation of coal blocks has created a political storm i ...
Tuesday, 11 September 12
CLOUDY AND POLICY RISK INDONESIAN COAL INDUSTRY
COALspot.com - Bahana Securities in its latest coal outlook, commented on the Indonesian coal market, with economic slowdown in the four largest coa ...
Tuesday, 11 September 12
SHIP OWNERS KEEN ON SECOND HAND VESSEL PURCHASES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most ship owners back from their summer rest, things are starting to pick up again in the second hand vessel market, with more and more deals b ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Central Electricity Authority - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
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