COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Recent News

Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009. A source f ...


Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the st ...


Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...


Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of  total export quantity o ...


Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...


   1248 1249 1250 1251 1252   
Showing 6246 to 6250 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Deloitte Consulting - India
  • Cigading International Bulk Terminal - Indonesia
  • GVK Power & Infra Limited - India
  • Barclays Capital - USA
  • Formosa Plastics Group - Taiwan
  • Bank of China, Malaysia
  • Manunggal Multi Energi - Indonesia
  • Glencore India Pvt. Ltd
  • BRS Brokers - Singapore
  • Australian Coal Association
  • Intertek Mineral Services - Indonesia
  • Mercuria Energy - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Freeport Indonesia
  • Idemitsu - Japan
  • Jorong Barutama Greston.PT - Indonesia
  • Geoservices-GeoAssay Lab
  • Siam City Cement PLC, Thailand
  • Ministry of Finance - Indonesia
  • Rio Tinto Coal - Australia
  • McConnell Dowell - Australia
  • Sree Jayajothi Cements Limited - India
  • Mitsui
  • UBS Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Indika Energy - Indonesia
  • TeaM Sual Corporation - Philippines
  • Dalmia Cement Bharat India
  • Cardiff University - UK
  • Electricity Authority, New Zealand
  • Indorama - Singapore
  • Iligan Light & Power Inc, Philippines
  • Tamil Nadu electricity Board
  • Cemex - Philippines
  • Jaiprakash Power Ventures ltd
  • Cargill India Pvt Ltd
  • Kobe Steel Ltd - Japan
  • Gupta Coal India Ltd
  • Sinarmas Energy and Mining - Indonesia
  • Aboitiz Power Corporation - Philippines
  • MS Steel International - UAE
  • Chettinad Cement Corporation Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • San Jose City I Power Corp, Philippines
  • Planning Commission, India
  • Coal India Limited
  • Renaissance Capital - South Africa
  • Carbofer General Trading SA - India
  • SMG Consultants - Indonesia
  • PLN Batubara - Indonesia
  • Bhushan Steel Limited - India
  • Sakthi Sugars Limited - India
  • Anglo American - United Kingdom
  • SMC Global Power, Philippines
  • Indonesia Power. PT
  • Miang Besar Coal Terminal - Indonesia
  • Aditya Birla Group - India
  • PLN - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Central Java Power - Indonesia
  • Bhoruka Overseas - Indonesia
  • Mercator Lines Limited - India
  • Altura Mining Limited, Indonesia
  • Coastal Gujarat Power Limited - India
  • Cement Manufacturers Association - India
  • Independent Power Producers Association of India
  • BNP Paribas - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Essar Steel Hazira Ltd - India
  • Singapore Mercantile Exchange
  • Kaltim Prima Coal - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Grasim Industreis Ltd - India
  • White Energy Company Limited
  • PNOC Exploration Corporation - Philippines
  • Coaltrans Conferences
  • Trasteel International SA, Italy
  • Thailand Anthracite
  • Toyota Tsusho Corporation, Japan
  • Bhatia International Limited - India
  • Tata Chemicals Ltd - India
  • SRK Consulting
  • The University of Queensland
  • Meralco Power Generation, Philippines
  • Georgia Ports Authority, United States
  • APGENCO India
  • Enel Italy
  • Parliament of New Zealand
  • ING Bank NV - Singapore
  • JPower - Japan
  • McKinsey & Co - India
  • DBS Bank - Singapore
  • GHCL Limited - India
  • Power Finance Corporation Ltd., India
  • Bukit Makmur.PT - Indonesia
  • The India Cements Ltd
  • Oldendorff Carriers - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Star Paper Mills Limited - India
  • PetroVietnam
  • Moodys - Singapore
  • globalCOAL - UK
  • Wilmar Investment Holdings
  • Deutsche Bank - India
  • Ceylon Electricity Board - Sri Lanka
  • Ministry of Mines - Canada
  • AsiaOL BioFuels Corp., Philippines
  • Baramulti Group, Indonesia
  • Xstrata Coal
  • KOWEPO - South Korea
  • Indian School of Mines
  • Antam Resourcindo - Indonesia
  • Asian Development Bank
  • Fearnleys - India
  • Asia Cement - Taiwan
  • Vijayanagar Sugar Pvt Ltd - India
  • Uttam Galva Steels Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Meenaskhi Energy Private Limited - India
  • TGV SRAAC LIMITED, India
  • Bharathi Cement Corporation - India
  • Russian Coal LLC
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Petrosea - Indonesia
  • Cebu Energy, Philippines
  • Adaro Indonesia
  • Kumho Petrochemical, South Korea
  • ACC Limited - India
  • Eastern Coal Council - USA
  • Price Waterhouse Coopers - Russia
  • Globalindo Alam Lestari - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Minerals Council of Australia
  • Barasentosa Lestari - Indonesia
  • Mitra SK Pvt Ltd - India
  • Pinang Coal Indonesia
  • Inspectorate - India
  • Surastha Cement
  • Coal and Oil Company - UAE
  • Agrawal Coal Company - India
  • Jatenergy - Australia
  • Leighton Contractors Pty Ltd - Australia
  • Gresik Semen - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Clarksons - UK
  • London Commodity Brokers - England
  • Indian Oil Corporation Limited
  • IHS Mccloskey Coal Group - USA
  • Mitsubishi Corporation
  • India Bulls Power Limited - India
  • Argus Media - Singapore
  • Economic Council, Georgia
  • PetroVietnam Power Coal Import and Supply Company
  • Cosco
  • Neyveli Lignite Corporation Ltd, - India
  • Thai Mozambique Logistica
  • Goldman Sachs - Singapore
  • Edison Trading Spa - Italy
  • Alfred C Toepfer International GmbH - Germany
  • Berau Coal - Indonesia
  • IMC Shipping - Singapore
  • European Bulk Services B.V. - Netherlands
  • VISA Power Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Thomson Reuters GRC
  • RBS Sempra - UK
  • Parry Sugars Refinery, India
  • Permata Bank - Indonesia
  • GB Group - China
  • Coeclerici Indonesia
  • TRAFIGURA, South Korea
  • EIA - United States
  • Mintek Dendrill Indonesia
  • Infraline Energy - India
  • Britmindo - Indonesia
  • SUEK AG - Indonesia
  • Coal Orbis AG
  • LBH Netherlands Bv - Netherlands
  • Ernst & Young Pvt. Ltd.
  • Coalindo Energy - Indonesia
  • Samsung - South Korea
  • Madhucon Powers Ltd - India
  • Panama Canal Authority
  • Borneo Indobara - Indonesia
  • CESC Limited - India
  • Energy Development Corp, Philippines
  • Noble Europe Ltd - UK
  • Orica Mining Services - Indonesia
  • Standard Chartered Bank - UAE
  • Peabody Energy - USA
  • Energy Link Ltd, New Zealand
  • Pipit Mutiara Jaya. PT, Indonesia
  • Ince & co LLP
  • Inco-Indonesia
  • Shenhua Group - China
  • Interocean Group of Companies - India
  • Vedanta Resources Plc - India
  • Semirara Mining Corp, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • IOL Indonesia
  • SASOL - South Africa
  • Ambuja Cements Ltd - India
  • WorleyParsons
  • Krishnapatnam Port Company Ltd. - India
  • TNB Fuel Sdn Bhd - Malaysia
  • ETA - Dubai
  • Reliance Power - India
  • HSBC - Hong Kong
  • Tata Power - India
  • ICICI Bank Limited - India
  • Port Waratah Coal Services - Australia
  • Makarim & Taira - Indonesia
  • Central Electricity Authority - India
  • Tanito Harum - Indonesia
  • Rudhra Energy - India
  • Samtan Co., Ltd - South Korea
  • JPMorgan - India
  • Simpson Spence & Young - Indonesia
  • Electricity Generating Authority of Thailand
  • Binh Thuan Hamico - Vietnam
  • Wood Mackenzie - Singapore
  • The State Trading Corporation of India Ltd
  • World Coal - UK
  • CoalTek, United States
  • Heidelberg Cement - Germany
  • Salva Resources Pvt Ltd - India
  • Merrill Lynch Commodities Europe
  • GNFC Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Total Coal South Africa
  • KPMG - USA
  • Sical Logistics Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Global Coal Blending Company Limited - Australia
  • Lanco Infratech Ltd - India
  • Vitol - Bahrain
  • Sarangani Energy Corporation, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • CIMB Investment Bank - Malaysia
  • Indonesian Coal Mining Association
  • Gujarat Mineral Development Corp Ltd - India
  • NTPC Limited - India
  • ANZ Bank - Australia
  • J M Baxi & Co - India
  • Pendopo Energi Batubara - Indonesia
  • Arutmin Indonesia
  • Platou - Singapore
  • Larsen & Toubro Limited - India
  • Bukit Baiduri Energy - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • PowerSource Philippines DevCo
  • Core Mineral Indonesia
  • Bank of America
  • Holcim Trading Pte Ltd - Singapore
  • Kideco Jaya Agung - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Orica Australia Pty. Ltd.
  • Billiton Holdings Pty Ltd - Australia
  • Humpuss - Indonesia
  • NALCO India
  • U S Energy Resources
  • Petrochimia International Co. Ltd.- Taiwan
  • Therma Luzon, Inc, Philippines
  • Malco - India
  • Straits Asia Resources Limited - Singapore
  • ASAPP Information Group - India
  • Ministry of Transport, Egypt
  • Gujarat Electricity Regulatory Commission - India
  • Africa Commodities Group - South Africa
  • Qatrana Cement - Jordan
  • Japan Coal Energy Center
  • Sojitz Corporation - Japan
  • Romanian Commodities Exchange
  • IEA Clean Coal Centre - UK
  • Kapuas Tunggal Persada - Indonesia
  • Vale Mozambique
  • Merrill Lynch Bank
  • Vizag Seaport Private Limited - India
  • Marubeni Corporation - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Jindal Steel & Power Ltd - India
  • Latin American Coal - Colombia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Videocon Industries ltd - India
  • MEC Coal - Indonesia
  • Maruti Cements - India
  • Bangkok Bank PCL
  • Banpu Public Company Limited - Thailand
  • Commonwealth Bank - Australia
  • Adani Power Ltd - India
  • Gujarat Sidhee Cement - India
  • Semirara Mining and Power Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Maersk Broker
  • Bulk Trading Sa - Switzerland
  • Platts
  • Indogreen Group - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Mjunction Services Limited - India
  • Petron Corporation, Philippines
  • OCBC - Singapore
  • Thermax Limited - India
  • World Bank
  • Chamber of Mines of South Africa
  • Kepco SPC Power Corporation, Philippines
  • TNPL - India
  • Lafarge - France
  • Credit Suisse - India
  • Global Business Power Corporation, Philippines
  • Riau Bara Harum - Indonesia
  • Siam City Cement - Thailand
  • Eastern Energy - Thailand
  • bp singapore
  • Kartika Selabumi Mining - Indonesia
  • Runge Indonesia
  • Attock Cement Pakistan Limited
  • KPCL - India
  • TANGEDCO India
  • Malabar Cements Ltd - India
  • CNBM International Corporation - China
  • Thiess Contractors Indonesia
  • The Treasury - Australian Government
  • Sindya Power Generating Company Private Ltd
  • SGS (Thailand) Limited
  • PTC India Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • EMO - The Netherlands
  • Xindia Steels Limited - India
  • Medco Energi Mining Internasional
  • Ind-Barath Power Infra Limited - India
  • Australian Commodity Traders Exchange
  • Shree Cement - India
  • SN Aboitiz Power Inc, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mechel - Russia
  • Savvy Resources Ltd - HongKong
  • GMR Energy Limited - India
  • Posco Energy - South Korea
  • Sucofindo - Indonesia
  • Metalloyd Limited - United Kingdom
  • IBC Asia (S) Pte Ltd
  • Indian Energy Exchange, India
  • Thriveni
  • Bangladesh Power Developement Board
  • New Zealand Coal & Carbon
  • South Luzon Thermal Energy Corporation
  • Maybank - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Directorate Of Revenue Intelligence - India
  • UOB Asia (HK) Ltd
  • Arch Coal - USA
  • CCIC - Indonesia
  • KEPCO - South Korea