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Wednesday, 28 March 12
ORPHEUS ENERGY TO COMMENCE JORC DRILLING AT ADK PROJECT
COALspot.com - Indonesian coal explorer and producer, Orpheus Energy (ASX:OEG), have today announced that the company is about to commence a drilling exploration program of 7 cored holes at the ADK Project in South Kalimantan, Indonesia.
Highlights include:
JORC drilling program at ADK due to commence by 31 March 2012
Drilling two zones of up to 2.2Mt and up to 1.5Mt respectively, totalling up to 3.7Mt outside current mine pits
Past drilling of the current mine pit areas is also being re-assesses and new mine plans have been formulated to more efficiently extract coal
ADK mine and other Orpheus/Mega projects unaffected by proposed Indonesian foreign ownership changes
Executive Chairman Wayne Mitchell said: “The ADK JORC drilling program will confirm our understanding of the resource potential of this project. Together with the production plans we announced on 20 March, this new information will assist us in longer term mine planning for ADK.
“We would like to reassure shareholders that the company is unaffected by the recent commentary on the Indonesian Government’s plans to limit foreign ownership to 49% over 10 years. With our strategic local JV partner, PT Mega Coal, our strategy has always been to maintain our 50 to 51% equity in each project via a local Indonesian PMA company.”
About Orpheus:
Orpheus Energy Limited (“OEG”) is a coal company focusing on coal production and exploration in Indonesia. OEG also owns some Australian coal and industrial minerals projects.
Orpheus has signed a strategic alliance with PT Mega Coal International (‘Mega’) which is an existing coal producer and exporter. Orpheus is on a fast track to growth through moving its B26/34 projects into production, increasing production at the recently acquired ADK project, definitive exploration programmes at the Papua project and acquiring near term production assets.
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Friday, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...
Thursday, 29 March 12
DRY BULK EDGED FURTHER UP, ON HEALTHY DEMAND FOR MOST SHIP TYPES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With capesize vessels finally reappearing in demand, the dry bulk market had an easier task of rising yesterday, as the BDI (Baltic Dry Index) reach ...
Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share. ...
Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 m ...
Tuesday, 27 March 12
DRY BULK MARKET KEEP RISING FOLLOWING THE SAME TREND OF LAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum this week, on the same reasons of those last week. That is, the smaller ship types are still on the ris ...
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Showing 4786 to 4790 news of total 6871 |
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- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Aditya Birla Group - India
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
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