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, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
|
|
|
Showing 5956 to 5960 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- The University of Queensland
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
|
| |
| |
|
