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Tuesday, 09 October 12
REALM RESOURCES RECOMMENCES DRILLING AT KATINGAN RIA COAL PROJECT
COALspot.com : Realm Resources Ltd. (ASX) has announced that it has commenced work on the phase three technical programme at its Katingan Project in Central Kalimantan, Indonesia.
According to announcement, this programme, designed in conjunction with Xenith Consulting, aims to increase the size of the JORC compliant coal resource and allow for conversion of some of this resource to a JORC compliant reserve estimate and the production of a bankable feasibility study (“BFS”). In addition, the Company is conducting additional engineering studies and optimization work aimed at reducing FOB cash costs and enhancing the project’s economics.
The exploration programme commenced on the 17th of September with one medium size track mounted drill rig with HQ size capability mobilized to site, by Indonesian drilling firm Arbico, the announcement said.
The drilling has initially focused on the South Eastern quadrant of the project area, which was identified in the recently completed Project Study as the best potential mining start-up area given the low strip ratios and favorable coal quality results.
As of the 3rd of October, 554m of drilling had been completed with 467m of chip and 87m of HQ size core.
A total of 10 holes have been drilled out of the total 16 planned sites, being 5 cores and 5 chip holes. All holes have been geophysically logged.
The announcement further said that, results to date support the original model predictions with one exception. The average Main Seam borehole thickness of 4.90m is thicker than the 4.34m average in previous Indicated Resource model. The depths to the Main Seam have varied slightly from the predictions, however this will allow the structural model to be further enhanced moving forward.
The first batch of coal quality samples have been forwarded to the accredited laboratory at Banjarmarsin for testing to build on the coal quality database.
With solid progress to date of this latest field programme, the Company anticipates completion of the BFS before year-end.
About Realm
Realm’s strategy is to create shareholder value through exploration and development of bulk commodity projects, primarily in coal. In addition, the Company has platinum group metals, advanced exploration projects and an aluminum dross treatment plant in South Africa.
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Tuesday, 04 December 12
JATENERGY SIGNS MOU FOR INDONESIAN COAL ASSET
COALspot.com - Jatenergy Limited has announced that its fully-owned Indonesian subsidiary, PT Barata Energy (BE), has signed an exclusive, non-bindi ...
Tuesday, 04 December 12
NEWCASTLE PORT SHIPPED 55.88 PERCENT MORE COAL W/E 3 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,796,341 MT of thermal and coking coal for week ended 0700 hours 3 December 2012, Newca ...
Sunday, 02 December 12
YEAR 2013, YEAR OF SUPPLY OR DEMAND?
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1 2013 delivery gained 2.87 & 0.83 percent MoM and WoW respectively ...
Saturday, 01 December 12
TIGHT SUPPLY, DEMAND PUSH INDO-INDIA SUPRAMAX FREIGHT RATES HIGHER - VISTAAR
COALspot.com - The freight market was mixed this week as cape and Panamax indices are closing softer.
The BDI was down 0.37 pct closing at 1,086 ...
Friday, 30 November 12
FUTURE TREND OF SECOND HAND SHIP VALUES PUZZLING SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the major challenges that ship owners are facing today is whether or not to invest in a second hand vessel at any given time. For instance, i ...
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- Romanian Commodities Exchange
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
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- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
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- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
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- Simpson Spence & Young - Indonesia
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- White Energy Company Limited
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- Electricity Generating Authority of Thailand
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- Bhoruka Overseas - Indonesia
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- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Ministry of Finance - Indonesia
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- Coal and Oil Company - UAE
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- Deloitte Consulting - India
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- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
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- Directorate General of MIneral and Coal - Indonesia
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- IHS Mccloskey Coal Group - USA
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- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
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- Australian Coal Association
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- Economic Council, Georgia
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- AsiaOL BioFuels Corp., Philippines
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- Barasentosa Lestari - Indonesia
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- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
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- Parliament of New Zealand
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- Latin American Coal - Colombia
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- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
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- Petron Corporation, Philippines
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- Wilmar Investment Holdings
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- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
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- Star Paper Mills Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
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- MS Steel International - UAE
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- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Minerals Council of Australia
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- Bharathi Cement Corporation - India
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- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Ministry of Transport, Egypt
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