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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, 18 July 12
SHIP PRICES HAVE FALLEN RAPIDLY THIS YEAR, FAVORING INVESTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The price for a 5 year old Capesize dry bulk carrier of 172,000 dwt has fallen to about $33,4mil from $42.9 at the end of June 2011, while at end of ...
Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...
Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...
Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...
Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...
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- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Planning Commission, India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- The University of Queensland
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
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