COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS


• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds to be used primarily to rapidly advance Orpheus’ portfolio of near term production assets in the South Kalimantan Kintap area

COALspot.com - Orpheus Energy (ASX:OEG) has today announced that it has raised $2.24 million through a share placement to international and domestic institutional and sophisticated investors.

Orpheus also said in its statement that, it will issue 17,227,198 shares at 13 cents per share. The placement will be made within Orpheus’ available 15 per cent capacity as defined under ASX listing rule 7.1.

Proceeds of the capital raising will be used for the acquisition and development of satellite mines in the South Kalimantan Kintap area, drilling and exploration for the B34 Project in East Kalimantan and for working capital.

Executive Chairman Wayne Mitchell said: “We are very pleased to be able to welcome a range of new international investors to Orpheus, as we continue our strategy of developing a quality portfolio of production and near term production assets in Indonesia.”

About Orpheus Energy Limited
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 increasing production at the recently acquired ADK project, moving its B26/34 projects into production, definitive exploration programmes at the Papua project and acquiring near term production assets.

About PT Mega Coal
PT Mega Coal is a privately-held coal mining company with an extensive local network and mining experience in Indonesia. OEG has an existing strategic alliance with PT Mega Coal, notably including its joint ventures for ADK, B26/B34 and Papua. The strategic alliance with PT Mega Coal enables the opportunity for continued additional coal concessions in Indonesia.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...


Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...


Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...


Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...


Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...


   22 23 24 25 26   
Showing 116 to 120 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Salva Resources Pvt Ltd - India
  • Latin American Coal - Colombia
  • The India Cements Ltd
  • Ministry of Mines - Canada
  • Inco-Indonesia
  • Gupta Coal India Ltd
  • Berau Coal - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Kepco SPC Power Corporation, Philippines
  • Maybank - Singapore
  • IBC Asia (S) Pte Ltd
  • The University of Queensland
  • Thriveni
  • The Treasury - Australian Government
  • Krishnapatnam Port Company Ltd. - India
  • Georgia Ports Authority, United States
  • Rio Tinto Coal - Australia
  • Star Paper Mills Limited - India
  • TeaM Sual Corporation - Philippines
  • Indorama - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Australian Coal Association
  • Videocon Industries ltd - India
  • U S Energy Resources
  • Romanian Commodities Exchange
  • Ince & co LLP
  • South Luzon Thermal Energy Corporation
  • Alfred C Toepfer International GmbH - Germany
  • Binh Thuan Hamico - Vietnam
  • SUEK AG - Indonesia
  • Therma Luzon, Inc, Philippines
  • KOWEPO - South Korea
  • Cebu Energy, Philippines
  • Kaltim Prima Coal - Indonesia
  • Bangkok Bank PCL
  • Uttam Galva Steels Limited - India
  • GB Group - China
  • Tamil Nadu electricity Board
  • White Energy Company Limited
  • Xindia Steels Limited - India
  • Glencore India Pvt. Ltd
  • Coeclerici Indonesia
  • Fearnleys - India
  • Lanco Infratech Ltd - India
  • Shree Cement - India
  • PetroVietnam Power Coal Import and Supply Company
  • Bangladesh Power Developement Board
  • GVK Power & Infra Limited - India
  • Wilmar Investment Holdings
  • TNPL - India
  • Ministry of Transport, Egypt
  • Bayan Resources Tbk. - Indonesia
  • Savvy Resources Ltd - HongKong
  • Coal Orbis AG
  • GAC Shipping (India) Pvt Ltd
  • EIA - United States
  • Africa Commodities Group - South Africa
  • APGENCO India
  • Semirara Mining Corp, Philippines
  • Mercuria Energy - Indonesia
  • Jatenergy - Australia
  • Parry Sugars Refinery, India
  • Mintek Dendrill Indonesia
  • Intertek Mineral Services - Indonesia
  • Ind-Barath Power Infra Limited - India
  • TGV SRAAC LIMITED, India
  • RBS Sempra - UK
  • Trasteel International SA, Italy
  • Britmindo - Indonesia
  • Malabar Cements Ltd - India
  • JPMorgan - India
  • Energy Development Corp, Philippines
  • Wood Mackenzie - Singapore
  • Medco Energi Mining Internasional
  • Shenhua Group - China
  • PLN Batubara - Indonesia
  • Indian Energy Exchange, India
  • MS Steel International - UAE
  • Pipit Mutiara Jaya. PT, Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • Indian Oil Corporation Limited
  • Economic Council, Georgia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Vizag Seaport Private Limited - India
  • Idemitsu - Japan
  • Agrawal Coal Company - India
  • Formosa Plastics Group - Taiwan
  • Gujarat Sidhee Cement - India
  • Larsen & Toubro Limited - India
  • Arutmin Indonesia
  • MEC Coal - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Kobexindo Tractors - Indoneisa
  • Planning Commission, India
  • Timah Investasi Mineral - Indoneisa
  • Bank of America
  • Riau Bara Harum - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Barasentosa Lestari - Indonesia
  • JPower - Japan
  • Cosco
  • Malco - India
  • Platts
  • Adani Power Ltd - India
  • Vitol - Bahrain
  • ETA - Dubai
  • Cemex - Philippines
  • Price Waterhouse Coopers - Russia
  • Bhushan Steel Limited - India
  • Altura Mining Limited, Indonesia
  • SRK Consulting
  • Madhucon Powers Ltd - India
  • DBS Bank - Singapore
  • SN Aboitiz Power Inc, Philippines
  • ACC Limited - India
  • Deloitte Consulting - India
  • Peabody Energy - USA
  • Global Green Power PLC Corporation, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • globalCOAL - UK
  • Goldman Sachs - Singapore
  • Global Coal Blending Company Limited - Australia
  • GNFC Limited - India
  • Electricity Authority, New Zealand
  • Reliance Power - India
  • Minerals Council of Australia
  • EMO - The Netherlands
  • Indonesia Power. PT
  • Gujarat Electricity Regulatory Commission - India
  • Mercator Lines Limited - India
  • Coastal Gujarat Power Limited - India
  • Meralco Power Generation, Philippines
  • Rudhra Energy - India
  • AsiaOL BioFuels Corp., Philippines
  • Siam City Cement - Thailand
  • IHS Mccloskey Coal Group - USA
  • Global Business Power Corporation, Philippines
  • Toyota Tsusho Corporation, Japan
  • Coal India Limited
  • Tanito Harum - Indonesia
  • ING Bank NV - Singapore
  • Ministry of Finance - Indonesia
  • KEPCO - South Korea
  • Simpson Spence & Young - Indonesia
  • Bhatia International Limited - India
  • Coalindo Energy - Indonesia
  • Samtan Co., Ltd - South Korea
  • WorleyParsons
  • Mitsubishi Corporation
  • IOL Indonesia
  • Central Electricity Authority - India
  • Banpu Public Company Limited - Thailand
  • Petrochimia International Co. Ltd.- Taiwan
  • KPMG - USA
  • Energy Link Ltd, New Zealand
  • ANZ Bank - Australia
  • Dalmia Cement Bharat India
  • Maruti Cements - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PTC India Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Attock Cement Pakistan Limited
  • Samsung - South Korea
  • Renaissance Capital - South Africa
  • SGS (Thailand) Limited
  • Bharathi Cement Corporation - India
  • Humpuss - Indonesia
  • Orica Mining Services - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Vedanta Resources Plc - India
  • GMR Energy Limited - India
  • Thiess Contractors Indonesia
  • Cardiff University - UK
  • Maersk Broker
  • Power Finance Corporation Ltd., India
  • Marubeni Corporation - India
  • Petron Corporation, Philippines
  • Sical Logistics Limited - India
  • Xstrata Coal
  • TANGEDCO India
  • BNP Paribas - Singapore
  • Coaltrans Conferences
  • Sree Jayajothi Cements Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Bank of China, Malaysia
  • Mjunction Services Limited - India
  • Coal and Oil Company - UAE
  • Argus Media - Singapore
  • Moodys - Singapore
  • Sarangani Energy Corporation, Philippines
  • Oldendorff Carriers - Singapore
  • Cargill India Pvt Ltd
  • Thermax Limited - India
  • Noble Europe Ltd - UK
  • Asian Development Bank
  • Inspectorate - India
  • Kapuas Tunggal Persada - Indonesia
  • Petrosea - Indonesia
  • Vale Mozambique
  • Kohat Cement Company Ltd. - Pakistan
  • IEA Clean Coal Centre - UK
  • SMG Consultants - Indonesia
  • CCIC - Indonesia
  • Freeport Indonesia
  • J M Baxi & Co - India
  • Karaikal Port Pvt Ltd - India
  • Geoservices-GeoAssay Lab
  • Makarim & Taira - Indonesia
  • UOB Asia (HK) Ltd
  • Pinang Coal Indonesia
  • Australian Commodity Traders Exchange
  • Heidelberg Cement - Germany
  • Directorate General of MIneral and Coal - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Commonwealth Bank - Australia
  • Orica Australia Pty. Ltd.
  • Singapore Mercantile Exchange
  • IMC Shipping - Singapore
  • Eastern Coal Council - USA
  • Kartika Selabumi Mining - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • London Commodity Brokers - England
  • Aboitiz Power Corporation - Philippines
  • Siam City Cement PLC, Thailand
  • Kideco Jaya Agung - Indonesia
  • Thai Mozambique Logistica
  • TRAFIGURA, South Korea
  • Cement Manufacturers Association - India
  • UBS Singapore
  • Baramulti Group, Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Credit Suisse - India
  • Antam Resourcindo - Indonesia
  • GHCL Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Core Mineral Indonesia
  • ICICI Bank Limited - India
  • Gresik Semen - Indonesia
  • World Bank
  • New Zealand Coal & Carbon
  • Chamber of Mines of South Africa
  • Borneo Indobara - Indonesia
  • Sucofindo - Indonesia
  • Indian School of Mines
  • Kalimantan Lumbung Energi - Indonesia
  • Tata Chemicals Ltd - India
  • Russian Coal LLC
  • Metalloyd Limited - United Kingdom
  • Asia Cement - Taiwan
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Ernst & Young Pvt. Ltd.
  • Independent Power Producers Association of India
  • European Bulk Services B.V. - Netherlands
  • PetroVietnam
  • Grasim Industreis Ltd - India
  • McKinsey & Co - India
  • Globalindo Alam Lestari - Indonesia
  • Japan Coal Energy Center
  • World Coal - UK
  • Electricity Generating Authority of Thailand
  • Sindya Power Generating Company Private Ltd
  • Bhoruka Overseas - Indonesia
  • Sojitz Corporation - Japan
  • Neyveli Lignite Corporation Ltd, - India
  • Barclays Capital - USA
  • ASAPP Information Group - India
  • Kobe Steel Ltd - Japan
  • Miang Besar Coal Terminal - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • The State Trading Corporation of India Ltd
  • Deutsche Bank - India
  • McConnell Dowell - Australia
  • Port Waratah Coal Services - Australia
  • SMC Global Power, Philippines
  • PLN - Indonesia
  • Iligan Light & Power Inc, Philippines
  • CIMB Investment Bank - Malaysia
  • Panama Canal Authority
  • KPCL - India
  • Qatrana Cement - Jordan
  • Essar Steel Hazira Ltd - India
  • SASOL - South Africa
  • Merrill Lynch Bank
  • Jindal Steel & Power Ltd - India
  • BRS Brokers - Singapore
  • Adaro Indonesia
  • Straits Asia Resources Limited - Singapore
  • Rashtriya Ispat Nigam Limited - India
  • CESC Limited - India
  • CNBM International Corporation - China
  • PNOC Exploration Corporation - Philippines
  • Platou - Singapore
  • Clarksons - UK
  • Thailand Anthracite
  • HSBC - Hong Kong
  • Indogreen Group - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Kumho Petrochemical, South Korea
  • Jaiprakash Power Ventures ltd
  • Billiton Holdings Pty Ltd - Australia
  • Pendopo Energi Batubara - Indonesia
  • NALCO India
  • GN Power Mariveles Coal Plant, Philippines
  • Interocean Group of Companies - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Mitsui
  • Runge Indonesia
  • PowerSource Philippines DevCo
  • Standard Chartered Bank - UAE
  • Carbofer General Trading SA - India
  • Total Coal South Africa
  • Parliament of New Zealand
  • Lafarge - France
  • Ambuja Cements Ltd - India
  • India Bulls Power Limited - India
  • Indika Energy - Indonesia
  • Tata Power - India
  • Holcim Trading Pte Ltd - Singapore
  • OCBC - Singapore
  • Merrill Lynch Commodities Europe
  • Thomson Reuters GRC
  • Bukit Baiduri Energy - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • International Coal Ventures Pvt Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Meenaskhi Energy Private Limited - India
  • San Jose City I Power Corp, Philippines
  • Infraline Energy - India
  • Bulk Trading Sa - Switzerland
  • Leighton Contractors Pty Ltd - Australia
  • Posco Energy - South Korea
  • Aditya Birla Group - India
  • VISA Power Limited - India
  • Permata Bank - Indonesia
  • Edison Trading Spa - Italy
  • Mechel - Russia
  • NTPC Limited - India
  • Indonesian Coal Mining Association
  • Mitra SK Pvt Ltd - India
  • CoalTek, United States
  • Directorate Of Revenue Intelligence - India
  • bp singapore
  • Sakthi Sugars Limited - India
  • Anglo American - United Kingdom
  • LBH Netherlands Bv - Netherlands
  • Central Java Power - Indonesia
  • Enel Italy
  • Eastern Energy - Thailand
  • Surastha Cement
  • Arch Coal - USA
  • Cigading International Bulk Terminal - Indonesia