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, 15 February 13
2ND ANNUAL INDONESIA MINING 2013 CONFERENCE
Bringing Indonesia's Mining Stakeholders Together Towards Improving Mining Investment Climate & Operations
Following the success of th ...
Friday, 15 February 13
SCRAPPING TO RISE AS BULKER OWNERS SUFFER - DREWRY MARITIME RESEARCH
Drewry's latest Dry Bulk Forecaster report suggests that cash-strapped shipowners will scrap younger and younger ships this year as the dry bulk ma ...
Thursday, 14 February 13
HANDY: ATLANTIC "STABLE"; PACIFIC "QUIET" - FEARNLEYS
Handy
The Atlantic remain stable with rates for FH from USG around USD 18k. The Pacific remains quiet due to Chinese New Year holidays. Rates were ...
Thursday, 14 February 13
BIMCO FORECASTS MOSTLY HIGHER DRY BULK RATES FOR THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Higher steel demand is expected to keep dry bulk rates elevated during the next six weeks, according to the latest BIMCO forecast. The Organization ...
Wednesday, 13 February 13
6TH ANNUAL CBM CONFERENCE
The 6th Annual CBM conference which will be held in Singapore on 18-21 June 201 offers comprehensive insights into leading CBM projects in the Asia- ...
|
|
|
Showing 4381 to 4385 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Planning Commission, India
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
|
| |
| |
|
