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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 September 12
ORPHEUS SECURES ADDITIONAL SIGNIFICANT KINTAP COAL PROJECT IN SOUTH KALIMANTAN
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...
Monday, 03 September 12
SHIPOWNERS TO WAIT FOR FURTHER PRICE REDUCTIONS IN THE SECOND HAND VESSEL MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With September now upon us, shipbrokers are looking towards an interesting winter season, as ship owners are looking to capitalize on more second ha ...
Sunday, 02 September 12
ADAROS COAL ROYALTIES TO THE GOVERNMENT INCREASED BY 10.5 PERCENT Y-O-Y TO US$196.8 MILLION
COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...
Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070 percent and 0.422 percent respectively on W-o-W and D- ...
Saturday, 01 September 12
PANAMAX FREIGHT RATES UNDER PRESSURE FROM LOW DEMAND - VISTAAR
COALspot.com - This week the freight market was weak with mixed results.
The BDI was down by 1.95 pct closing at 703 points, however there was so ...
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- Electricity Generating Authority of Thailand
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- IEA Clean Coal Centre - UK
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- Central Electricity Authority - India
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- Planning Commission, India
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- Ministry of Mines - Canada
- Anglo American - United Kingdom
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- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
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- OPG Power Generation Pvt Ltd - India
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- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
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- Kohat Cement Company Ltd. - Pakistan
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- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
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- Romanian Commodities Exchange
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- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
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- PowerSource Philippines DevCo
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- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
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- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
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- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- MS Steel International - UAE
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- Goldman Sachs - Singapore
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- SMC Global Power, Philippines
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- Edison Trading Spa - Italy
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- Economic Council, Georgia
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- Coal and Oil Company - UAE
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- The State Trading Corporation of India Ltd
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- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
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- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
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- PTC India Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
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- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
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- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Australian Coal Association
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- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
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- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
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