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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 Board (“BKPM”) in Indonesia by way of conversion to a PMA company (known locally in Indonesia as “Penanaman Modal Asing” or PMA) .
This PMA approval is an important milestone that facilitates the planned incoming substantial foreign investment for the development of the project, according to an announcement posted on Pan Asia Corporation's company website.
The Company is pleased with the progress it is making at its high CV TCM coal project , having just completed further drilling in the Northern area of the concession (results still pending, these results will be released to market when finalised) and is actively engaged with parties interested in participating in the development of the project.
CEO Alan Hopkins said “PMA status is another box ticked as we move to the development stage for our flagship TCM Project. It is very timely as we are now in discussions with parties interested in participating in the development of our project”.
About Pan Asia
Pan Asia Corporation is moving to be a significant long term supplier of key energy resources into the expanding Asian markets. With offices in Jakarta (GKBI), Perth and Sydney, our flagship project (“TCM”) is a high CV thermal coal project in South Kalimantan and has recently completed a positive Feasibility Study.
Pan Asia seeks to build significant projects; de-risking them ready for development partnership / offtake agreements with quality, life of mine partners.
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Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com - Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...
Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...
Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...
Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...
Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...
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- Price Waterhouse Coopers - Russia
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- Planning Commission, India
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- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
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- Eastern Energy - Thailand
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- Alfred C Toepfer International GmbH - Germany
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- Meenaskhi Energy Private Limited - India
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- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
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- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
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- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
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- Medco Energi Mining Internasional
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- Orica Australia Pty. Ltd.
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Petrochimia International Co. Ltd.- Taiwan
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- Goldman Sachs - Singapore
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- India Bulls Power Limited - India
- Aditya Birla Group - India
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- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- White Energy Company Limited
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- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
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