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.
|
|
Friday, 02 May 14
US WEEKLY COAL PRODUCTION RELATIVELY FLAT AT -0.1%, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
Friday, 02 May 14
DRY BULK MARKET SHOWING SIGNS OF COMEBACK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market which has been hovering below the 1,000-point market (BDI) during the past couple of weeks, could be exhibiting signs of a s ...
Thursday, 01 May 14
INDONESIA EXPORT BAN POINTS TO QUESTIONS OVER CHINA'S LONG-TERM BAUXITE SUPPLY - WOOD MACKENZIE
China’s Bauxite demand forecast to reach 240 million tonnes by 2030
In light of the Indonesian mineral ore ban that came into force o ...
Thursday, 01 May 14
DRY BULK MARKET STILL REELING UNDER PRESSURE FROM VARIOUS FACTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market's revival is still overdue, as the industry's benchmark, the BDI is still lagging below the 1,000-point mark. In fac ...
Wednesday, 30 April 14
FREIGHT MARKET FOR DRY BULKERS STILL REMAINS WEAK - INTERMODAL
One week after the Easter holiday and the celebration for the resurrection of Christ, everybody expected to see a similar sign of a revival in t ...
|
|
|
Showing 3726 to 3730 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
|
| |
| |
|
