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Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration forestry permit at its flagship Central Katingan Ria thermal coal project to operational status has been approved, in principle, by the Indonesian Ministry of Forestry (No. S.515/Menhut-VII/2012 dated 7 November 2012).
Katingan Ria (Realm 51% interest, option to increase to 75%), located in Kalimantan, Indonesia, has the potential to be a simple, open-cut operation that will supply low ash coal ideally suited for Indian and Chinese power generation.
- Realm’s Exploration Forestry Permit has been upgraded to an In-Principle Forestry Operations Permit paving the way for the final Forestry Operations Permit and forecast production in 2013
- The In-Principle License was granted over the requested area of 3,058.25 ha with work now focused on satisfying the conditions to commence mining operations in the first 1,000 ha
- Drilling underway to upgrade current 102Mt JORC resource
Commenting on the development, Realm’s chairman, Richard Rossiter said “we are pleased that the final stage in forestry permitting is drawing to a close, after slower than forecast progress. The In-Principle Licence is the last stage prior to the issuance of the “Borrow and Use of Forest Area Permit” or so called Ijin Pinjam Pakai Kawasan Hutan (“IPPKH”) which allows the Company to start mining. This lends strong support to Realm’s ambitions to commence production in 2013”.
The Company recognizes and appreciates the professionalism and procedural discipline of its Indonesian partners in successfully securing this license - a milestone that only a handful of mining companies have achieved this year in Indonesia.
Following granting of the IPPKH the Company will be able to commence mining operations within its concession areas as well as to transport the coal and store it.
The In-Principle License was granted over the requested area of 3,058.25 ha, with work now having commenced on satisfying the conditions to commence mining operations in the first 1,000 ha of this area. Whilst the Company has two years to satisfy the conditions of the In-Principle License and thus be granted the IPPKH, it is expected that the conditions will be satisfied within 6 months.
At present, drilling is advancing to upgrade certainty of the 102Mt JORC compliant resource. The program will form the basis of the feasibility study, with drilling results anticipated in 4Q2012.
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 aluminium dross treatment plant in South Africa.
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Monday, 12 November 12
DRILLING COMPLETED AT THE MOORLANDS DEPOSIT, WEST BOWEN PROJECT
Press Release - Cuesta Coal Limited (ASX: CQC) (“Cuesta”) is pleased to announce it has completed its exploration activities at the Moor ...
Monday, 12 November 12
BARGE-LOAD OF 5K TONNES OF COAL FROM THE ADK JOINT VENTURE SHIPPED LAST WEEK
COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading g ...
Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW and 1.28 percent DoD on Friday, 9 November ...
Sunday, 11 November 12
THE IRON ORE AND COAL PRICES MOVEMENTS REMAINS LOW - VISTAAR
COALspot.com The market remained soft with all the sectors soft.
The BDI and was down by 4.67 pct closing at 940 points, on Friday 9 Novemb ...
Friday, 09 November 12
SHIP OWNERS TURN TO SECOND HAND VESSELS, WHICH COME AT ATTRACTIVE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The attractiveness of modern second hand vessels, which are often priced aggressively can't be ignored by cash-rich ship owners, who are taking adv ...
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- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- The University of Queensland
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Australian Coal Association
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
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