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.
|
|
Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
|
|
|
Showing 5476 to 5480 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- White Energy Company Limited
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
|
| |
| |
|
