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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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Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- Alfred C Toepfer International GmbH - Germany
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- Central Java Power - Indonesia
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- Romanian Commodities Exchange
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
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- Eastern Coal Council - USA
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- Essar Steel Hazira Ltd - India
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- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
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- The University of Queensland
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- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
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- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
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- Indian Oil Corporation Limited
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- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
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- Ind-Barath Power Infra Limited - India
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- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
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- Latin American Coal - Colombia
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- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
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- Directorate Of Revenue Intelligence - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
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- Planning Commission, India
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- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
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- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
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- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
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- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
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- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
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- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
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- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
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