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Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's disclosure, the Agreement relates to two exploration licences (PT. Tata Borneo Wikajaya (5500 ha) & PT. Tata Buana Kharisma (10000 ha)) in the Long Bagun District, Kutai Barat Regency in East Kalimantan Indonesia.
The Project lies to the south west of the Mahakam River and in close proximity to the Mamahak Village, an area known to produce semi soft coking coal.
Highlights:
Potential to acquire up to 100% ownership in two coal exploration licences in East Kalimantan
Vendors to be paid A$800,000 via an issue of 4,000,000 Shares at a deemed issue price of A$0.20, a 90% premium to the last traded price for the acquisition of the initial Stage 1 Interest
Exploration licences are in close proximity to the Mamahak semi-soft coking coal mine
The exploration licences cover a total land area of 15,500Ha (155km2)
The Company will undertake a technical due diligence work program on the exploration licences
Company remains fully funded with approximately A$3.75m as at December 2011
About EPIC
Epic Resources is an Australian-based exploration company that was initially established to acquire, explore, evaluate and exploit uranium-REE deposits and explore prospective uranium tenements and other minerals.
Epic Resources entered into a Farm-in Agreement with Cazaly Iron Pty Ltd (Cazaly), pursuant to which the Company has a right to earn a 75% interest in the Quartz Hill Project.|
In addition to seeking to earn a 75% interest in the Quartz Hill Project and as outlined in the Company’s Prospectus, the Company intends to pursue new projects in the resources sector, both in Australia and overseas, by way of acquisition or investment.
These projects may include other types of minerals including, without limitation, coal, iron ore, copper, gold, manganese, tin, nickel, potash and tungsten.
For more information, visit www.epicresources.com.au
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Planning Commission, India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- GMR Energy Limited - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
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