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.
|
|
Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
|
|
|
Showing 5636 to 5640 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
|
| |
| |
|
