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Thursday, 05 November 09
SAM'S SEAFOOD HOLDINGS MOVES STEP CLOSER TO COAL EXPLORATION IN INDONESIA
Sam’s Seafood Holdings Limited, which is proposed to be renamed Pan Asia Corporation Limited, is moving closer to becoming an exploration and development company with the acquisition of prime coal and manganese assets.
Further progress has been made on the acquisition of Innovation West.
This contains the TCM Coal project and manganese assets in Indonesia.
The 4,180Ha TCM project area is situated immediately adjacent to the ATA open pit coal mining operation owned and operated by PT Arutmin - one of Indonesia’s largest coal producers. High calorific value coal is currently being mined on a large scale at ATA.
Technical and legal due diligence on the TCM Coal Project confirmed the technical merits and valid legal titles of the project, located in Mentewe District, South Kalimantan, Indonesia.
A review of the extensive manganese project is progressing with site visits to West Timor and Flores Island just completed.
The TCM Coal Project is located in Southern Kalimantan, approximately 250km south-south-west of Balikpapan.
Coal seams being mined by PT Arutmin are seen to dip at a shallow angle (~100) into the TCM concession. ATA coal is typically high quality thermal coal with high calorific values, low ash and low-medium sulphur.
Four main seams are being mined at ATA and there remains potential to discover additional coal seams higher in the sequence within the TCM concession area.
The TCM Coal Project is located only 16.5km from the Company’s Roda Niaga thermal coal concession and the acquisition of TCM is seen as highly complementary to the company’s growing portfolio of thermal coal projects in Southern Kalimantan.
Source: Proactive Investors
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Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.
B ...
Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.
The effort was ...
Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...
Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...
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- Electricity Authority, New Zealand
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- Eastern Energy - Thailand
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- Indian Oil Corporation Limited
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- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
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- Sojitz Corporation - Japan
- Planning Commission, India
- London Commodity Brokers - England
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- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
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- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
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- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
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- Kohat Cement Company Ltd. - Pakistan
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- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
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- The University of Queensland
- Bhoruka Overseas - Indonesia
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- Economic Council, Georgia
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- European Bulk Services B.V. - Netherlands
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- Minerals Council of Australia
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- Directorate General of MIneral and Coal - Indonesia
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- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
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- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- MS Steel International - UAE
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