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, 09 December 14
API 8 CFR SOUTH CHINA COAL SWAPS FELL 1.8% MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 1.84 (-2.91%) month over month and US$ 0.95 (-1.52%) we ...
Monday, 08 December 14
GOVERMENT TO WITHDRAW CNC STATUS OVER SUSPECTED FLAWS - THE JAKARTA POST
The Energy and Mineral Resources Ministry’s directorate general for mineral and coal plans to review the clean and clear (CnC) status held by ...
Monday, 08 December 14
FOB NEWCASTLE COAL SWAPS SLIP W-O-W AND M-O-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.10 on 5 December after losing US$ 0.55 (-1.04%) month over ...
Sunday, 07 December 14
SUPRAMAX S8 ROUTE SLIGHTLY INCREASED WEEK ON WEEK
COALspot.com: The BDI continued its fall as cape index fell heavily week on week.
The BDI lost around14.83 pct within last five working day an ...
Saturday, 06 December 14
TANKER FLOATING STORAGE PLAYS COULD COME INTO PLAY IF VLCC RATES STAY AT CURRENT LEVEL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Contango: A phenomenon in commodities futures price curves where the delivery price of a futures contract is greater than the current price. With t ...
|
|
|
Showing 3321 to 3325 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Australian Coal Association
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
|
| |
| |
|
