We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 27 September 12
MINING RE-COMMENCES AT ORPHEUS' B2 EAST KALIMANTAN COAL PROJECT
 - B2 project overburden removal completed and coal exposed
- Coal getting has commenced with target production of 30,000tpm
- Orpheus to receive net $US8 per tonne on all coal sales, expected to be US$240,000 per month
- Orpheus not responsible for any capital, operating or marketing expenses
COALspot.com - Orpheus Energy (ASX:OEG) is pleased to advise that its Indonesian mining contractor PT Debbia Mining has successfully completed the removal of overburden and exposed coal at its 51% owned B2 project in East Kalimantan, Indonesia, according to a note released through Six Degrees Investor Relations today.
Coal production will now commence from the new pit, located in the central section of the tenement area, ramping up to 30,000tpm. Coal will be transported by truck to the nearby barge loading facility at Tampang Village, ~ 27 km away from the mine site, comany further said in its note.
Orpheus is not responsible for any capital, operating or coal marketing expenses under the life of mine arrangement with PT Debbia Mining. As previously announced on 2 July 2012, Orpheus will receive a royalty of net US$ 8 per tonne of coal sold, and at the expected production rate this will earn Orpheus US$ 240,000 per month.
The current JORC coal resource at the B2 project of 0.95 Mt indicated and 0.18Mt inferred will provide an initial mine life of approximately three years. The current mine plan allows for PT Debbia Mining to move to the adjacent B6 project (currently contains an exploration target of 1.5 Mt to 2.5 Mt and calorific value of 5,950 to 6,850 kcal/kg*) as B2 coal reserves are depleted.
Orpheus will also commence a JORC drilling program at its nearby B34 project (current exploration target of 5 - 10Mt and calorific value of 7,200 to 8,100 kcal/kg*), in October 2012, approximately 60 km west, which will delineate additional resources to continue mining in this area.
Executive Chairman, Wayne Mitchell said, “ We are very happy with our mining contractor’ s positive progress at B2. Once we reach our 30,000tpm target production rate, the company will be in a cash-flow positive situation, which gives us the flexibility to focus on rapidly developing our other near-term production projects. We look forward to reporting to our shareholders coal sales revenue milestones over the next few months.”
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 20 March 11
FREIGHT MARKETS COULD SOFTEN NEXT WEEK DUE TO JAPANESE PORTS CLOSURE AND LIBYAN CRISIS - VISTAAR
COALspot.com - The BDI was down by 1.98 pct (closing at 1531 points) mainly due to Cape index which was down by almost 11 pct and closed 1687 points ...
Friday, 18 March 11
FALL IN INDONESIAN COAL EXPORTS IN FEBRUARY 11
COALspot.com - Indonesian coal exports seen a fall of 10.76% during Feb 2011. The world’s largest coal exporter shipped 22.029 MMts of c ...
Thursday, 17 March 11
THE PACIFIC HANDY MARKET IS CURRENTLY STEADY - FEARNBULK
Handy
The Atlantic market is showing signs of recovery and does not seem to be affected by the Japan disaster. The market is very positional and i ...
Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to ...
Monday, 14 March 11
IRON ORE TRADING WORLD EUROPE 2011
Press Release - Strategy and opportunity for miners, steelmakers, end users and the financial community.
The iron ore spot market is growing at a ...
|
|
|
Showing 5341 to 5345 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Planning Commission, India
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
|
| |
| |
|
