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.
|
|
Monday, 19 November 12
GOVT PREPARES TO FACE ANOTHER SUIT ON MINING LAW - THE JAKARTA POST
The government is gearing up to face a complaint on the 2009 Mining Law prepared by the same organization that previously brought down upstream oil ...
Monday, 19 November 12
IHS MCCLOSKEY ASIA PACIFIC COAL OUTLOOK CONFERENCE 2012
With the current global oversupply of thermal coal showing no signs of abating and spot prices falling to a two-year low, concerns are growing that ...
Sunday, 18 November 12
INDONESIAN SUB BITUMINOUS COAL SWAPS FOR JANUARY 2013 DELIVERY GAINS 1.29 PERCENT WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 1.29 percent WoW and 0.25 percent DoD on Friday, 16 Novembe ...
Saturday, 17 November 12
THE SUPRAMAX FREIGHT RATES FROM INDONESIA TO INDIA ARE EXPECTED TO BE UP NEXT WEEK - VISTAAR
COALspot.com - This week market sentiments ended positive with all the segments ending higher except for handy size which was almost at same levels ...
Saturday, 17 November 12
RECORD DEMOLITION ACTIVITY SEEKS TO CURB TONNAGE OVERSUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
This year will prove to be another record-breaker in terms of scrapping of older vessels across all shipping segments, as the equally feverish pace ...
|
|
|
Showing 4496 to 4500 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- White Energy Company Limited
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
|
| |
| |
|
