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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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Thursday, 01 November 12
KOMIPO LOOKING FOR 440,000 MT OF 4600 KCAL/KG NAR COAL FOR BORYEONG POWER PLANT
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids from coal producers, marketing companies or traders to supply of 440,000 Metric ...
Thursday, 01 November 12
CAPESIZE RATES FALL, DRY BULK MARKET RETREATS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It was another lackluster session yesterday in the dry bulk markets, with the industry's benchmark, the BDI (Baltic Dry Index) retreating by 1.63 p ...
Thursday, 01 November 12
HANDY : WCI-CHINA RATES ARE AT AROUND USD 5,000 AND ECI-CHINA AROUND USD 4000 - FEARNLEYS AS
Handy
The Atlantic market remains quiet due to a lack of cargoes and an increased supply of ships. Rates from the Continent to east Med were around ...
Tuesday, 30 October 12
COAL PRODUCTION TO RISE BY FIVE PERCENT IN 2013 - TEMPO INTERACTIVE
TEMPO Interactive reported that, Indonesian Coal Mining Association (APBI) chairman Bob Kamandanu has estimated that Indonesian coal production will ...
Tuesday, 30 October 12
NEW BUILDING ORDERING ACTIVITY KEEPS ON RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have refrained from placing any new orders of vessels during the course of the past few days, according to shipbroker reports. According ...
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- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Australian Coal Association
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
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