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

Friday, 07 March 14
INDONESIA TO PRODUCE 421 MMT OF COAL IN 2014
Coalspot.com: Indonesia finally agreed to increased 2014 coal output by as much as 6 percent to 421 million metric tons from its previous plan, a se ...


Friday, 07 March 14
US PRODUCED 19.4 MMST OF COAL IN PAST 7 DAYS, SAYS EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.4 million short tons (mmst) of coal in ...


Thursday, 06 March 14
PANAMAX MARKET IS STRUGGLING IN BOTH HEMISPHERES - FEARNRESEARCH
Handy The Handy/Supra market experienced a rate increase in the Pacific. The activity itself is not too big, but spot tonnage is clearing up and ow ...


Wednesday, 05 March 14
THE BIG BULKERS HAVE IN FACT WITNESSED SIGNIFICANT IMPROVEMENTS IN BOTH BASINS
The BDI continues to  gain  back some of the lost ground,  although in  reality  there isn't a lot to  celebrate abou ...


Wednesday, 05 March 14
LEAVE IT TO CAPES TO CHANGE THE DIRECTION OF THE DRY BULK MARKET - INTERMODAL
Chartering (Wet: Stable- / Dry: Stable+) Leave it to Capes to change the direction of the Dry Bulk market. The big bulkers managed to drag the BDI ...


   762 763 764 765 766   
Showing 3816 to 3820 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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