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.
|
|
Thursday, 05 September 13
DRY BULK MARKET ON A HIGH ROLL, MAINLY THANKS TO CAPESIZE APPETITE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize owners have been rejoycing on the back of renewed optimism for the further rise in the dry bulk market's freight rates, especially when on ...
Wednesday, 04 September 13
RBCT SHIPPED 16.18 PERCENT MORE COAL IN JULY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest coal export terminal South African as well as in the world has shipped 6,162, ...
Wednesday, 04 September 13
SUPRAS AND HANDIES : INDONESIAN COAL CARGOES ARE SUPPORTING HEALTHY ACTIVITY LEVELS - INTERMODAL
The Dry Bulk market has pooled back a bit this week after firming for two weeks in a row. The BDI is s holding above 1,100 points and despite the sm ...
Tuesday, 03 September 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 22.93 PER CENT MORE COAL W-O-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 22.93 per cent week on week to 3.39 million mt for ...
Sunday, 01 September 13
COAL SWAP SHOWS MIXED TREND
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery 1.25 percent up month on month. The swap was moved posit ...
|
|
|
Showing 4141 to 4145 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Eastern Coal Council - USA
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
|
| |
| |
|
