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Tuesday, 23 April 13
TIGERS REALM COAL HAS SOME OF THE WORLD'S BEST UNDEVELOPED COKING COAL ASSETS - EXECUTIVE CHAIRMAN
COALspot.com - “ During 2012, your Company has made very significant progress towards meeting its stated objective of becoming a global player in the seaborne coking coal market, and in many ways it has been a year of transformation” said Tony Manini, Executive Chairman of Tigers Realm Coal Limited during annual general meeting today.
According to company’s ASX release, after successfully acquiring the highly promising Amaam North exploration licence early in the year, a comprehensive review of the Company’s assets, resources and funding requirements was completed. A decision was taken to rationalize the project portfolio and re-focus our efforts towards maximising value from the outstanding opportunities presented by our projects in Far East Russia.
According to Executive Chairman of Tigers Realm Coal Limited, the shift to a SINGLE PROJECT, SINGLE COUNTRY STRATEGY enabled a significant reduction in corporate costs, and coupled with the rationalization of the project portfolio, is consistent with the company’s obligations and desire to maximize value for shareholders.
The report further said that, the financial position of the company is solid, with the balance sheet strengthened by successful capital raisings of $ 9.7M and $ 21.2M in August 2012 and February 2013. Funds raised have enabled the completion of the Pre-feasibility Study and ongoing resource definition drilling at Amaam and the completion of an initial drilling program coupled with rapid progression of studies on a low cost, fast track production option at Amaam North.
Tigers Realm Coal Limited is targeting its first production in 2015. The exploration program at Amaam increased total resources by 40% to 412Mt, with 63Mt upgraded from Inferred to Indicated Resource status.
According to the report, the Amaam Pre-feasibility Study completed in March 2013 confirmed an economically robust, large scale, low operating cost combined open pit and underground coking coal project generating an estimated Net Present Value of US$885M and an Internal Rate of Return of 19%.
The compelling investment metrics position Amaam as one of the most attractive coking coal investment opportunities in the world today, the company said in its ASX release. These will be further refined as Bankable Feasibility Studies (BFS) are progressed in 2013-2014.
In April 2013, Tigers Realm Coal Limited proposal to build a 15Mtpa coal terminal at Arinay Lagoon was included in the Russian Federal Government Territorial Planning Scheme, the report said. “ This is a major permitting milestone as it enables the Company to proceed with detailed engineering and design of the coal terminal required for the BFS”, Executive Chairman said in his note.
The potential of mine, longer term, with an Exploration Target of 30-400 million tonnes, Amaam North has the potential to grow the greater Amaam basin coal endowment to over 1 billion tonnes.
“ Tigers Realm Coal has some of the world’s best undeveloped coking coal assets in its project portfolio and after a year of very significant progress in 2012 I am confident that 2013 will be an exciting and defining year as the Company continues its relentless drive towards producer status” the Executive Chairman said in his closing statement .
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- The University of Queensland
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
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