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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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Wednesday, 29 August 12
SECOND HAND VESSELS IN HIGH DEMAND DESPITE SUMMER SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the slow summer season, ship owners appear to be rather keen in acquiring some modern second hand tonnage at "knock-down" prices. ...
Monday, 27 August 12
BUMI BOOKS $322.1 MILLION NET LOSS IN 1H 2012 IN SPITE OF 8.6 PERCENT INCREASE IN SALES REVENUE
PT Bumi Resources Tbk, the single largest coal producer and exporter in Indonesia announces its first half financial report for the ...
Monday, 27 August 12
OVER 200 FOREIGN COMPANIES AND ENERGY MAJORS EXPECTED AT 2ND MOGP SUMMIT IN YANGON
Singapore based CMT and Machinery & Solutions Co. Ltd (M&S) announce that the 2nd MOGP Summit will be held on 3-6 September at the Sedona ho ...
Sunday, 26 August 12
SOUTH AFRICAN COAL OVERVIEW
South Africa's indigenous energy resource base is dominated by coal.
Internationally, coal is the most widely used primary fuel, accounting for ...
Saturday, 25 August 12
FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week the indices showed some signs of improvement will all the segments moving up except for the handy size.
The BDI was marg ...
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- Agrawal Coal Company - India
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- Electricity Authority, New Zealand
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- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
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- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
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- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
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- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
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- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
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- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
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- Attock Cement Pakistan Limited
- Parliament of New Zealand
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- Meralco Power Generation, Philippines
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- The University of Queensland
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- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
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- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Singapore Mercantile Exchange
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- Economic Council, Georgia
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- MS Steel International - UAE
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- Antam Resourcindo - Indonesia
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