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, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...
Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...
Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract
Mining and metals conglomerate Vedant ...
Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground.
The BDI fell 5%, a ...
Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...
|
|
|
Showing 5986 to 5990 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Parliament of New Zealand
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
|
| |
| |
|
