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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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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 re ...
Thursday, 27 September 12
HANDY: THE PACIFIC MARKET IS GETTING WEAKER WITH UPCOMING GOLDEN WEEK HOLIDAYS - FEARNLEYS AS
Handy
Yet another week with rates softening in all trades. Especially owners with ships open Continent struggle to find employment paying decent mo ...
Thursday, 27 September 12
DRY BULK MARKET LOSES STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The rise of the BDI (Baltic Dry Index), the dry bulk industry’s benchmark during the course of the previous week, proved to be short-lived, as ...
Wednesday, 26 September 12
NEWBUILDING ORDERING ACTIVITY REMAINS SUBDUED ON GLOBAL MARKET UNCERTAINTY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding ordering activity has been on the down side during the past few weeks, a trend also noticeable during the course of the past few days, a ...
Sunday, 23 September 12
AN ANOTHER UNSTABLE WEEK FOR INDONESIAN COAL SWAPS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.10 percent and 0.916 percent WOW and DOD respectively ...
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- Larsen & Toubro Limited - India
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- The University of Queensland
- Romanian Commodities Exchange
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- Eastern Coal Council - USA
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- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
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- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
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- Energy Development Corp, Philippines
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- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
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- Siam City Cement - Thailand
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- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
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- Marubeni Corporation - India
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- Global Coal Blending Company Limited - Australia
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- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
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- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
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- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
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- Mercator Lines Limited - India
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- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Australian Coal Association
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- Price Waterhouse Coopers - Russia
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- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Commonwealth Bank - Australia
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- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
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- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Latin American Coal - Colombia
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- CNBM International Corporation - China
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- Ministry of Transport, Egypt
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- Iligan Light & Power Inc, Philippines
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- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
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- The Treasury - Australian Government
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- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
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- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- MS Steel International - UAE
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- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
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