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.
|
|
Sunday, 18 August 13
SUB-BIT FOB INDONESIA COAL SWAP : ON POSITIVE DIRECTION ON DAY, WEEK AND MONTH
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery US$ 1.83 up month on month. The swap was moved positive ...
Sunday, 18 August 13
INDO - INDIA FREIGHT EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The freight market was up this week with the BDI gaining more than 10 pct due to strong Cape Sector.
The BDI was closed at 1,102 p ...
Friday, 16 August 13
US COAL PRODUCTION SLIGHTLY UP ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.10 million short tons (mmst) of ...
Thursday, 15 August 13
CAPESIZE : TRENDS SOMETIMES SHIFT WITH NO PRIOR WARNING - FEARNRESEARCH
Handy
The influence of the summer holidays across Europe was felt in the Atlantic basin this week. Very little activity and a growing list of avail ...
Wednesday, 14 August 13
ANOTHER WEEK IN THE RED FOR DRY BULK CARRIERS - INTERMODAL
Chartering (Wet: Stable- / Dry: Stable- )
Another week in the red for Dry Bulk carriers with the market losing further steam as fewer an ...
|
|
|
Showing 4161 to 4165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Central Electricity Authority - India
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- The University of Queensland
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- MS Steel International - UAE
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
|
| |
| |
|
