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Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the project. Initial shipment will come at Q2 201, says Realm Resources Ltd.
Realm focus is on platinum group metals ( PGM) in South Africa as well as bulk commodities abroad. In addition, the Company has an aluminium dross treatment plant located in Pietermaritzburg, South Africa.
The project has the potential to transform Realm into a thermal coal producer within the next 12 months in a nation that has an established coal industry and ideally located to export to the high demand Southeast Asian markets, Realm said in its sttement posted company's website.
Realm announced on 12 April 2011 that it has secured an exclusive option to acquire all of the issued capital in Kalres, a company incorporated in the Cayman Islands for an aggregate consideration of US$ 29.6 million and the issue of 15 million performance rights. Kalres is a party to a Master Agreement with PT SMAA, under which Kalres can acquire up to a 75% interest in an Indonesian coal company, PTKR, which holds the Katingan Ria concession (Katingan Ria Project).
The Katingan Ria Project covers 5,053 hectares under Mining Business Permit for Exploration (IUP Exploration) No. 274 and is located in Central Kalimantan within the Katingan Hulu district, approximately 175km North West of the regional capital of Palangkaraya. Approximately 30- 45 km haulage logging roads will be used to haul the coal from the project site to the Katingan River. The barge to port route is approximately 420km on river to the coast.
A conceptual plan for a 3Mtpa open pit project with capital expenditure estimated at about US$41 million (100%) and operating costs in the order of US $40/t FOB (on mother vessel) are envisaged for Katingan. This includes overheads, mining and haulage, crushing, barge transport and transhipping operations, the statment further said.
A marketing agency agreement has been established with Coeclerici Asia (Pte) Ltd (“ CCA” ) with Realm’s coal to be marketed as midium CV, low sulphur, sub bituminous coal will be marketed as a Katingan product.
There is potential for first shipments as early as early next year.
Katingan product would be sold primarily into the power generation markets in India, China and domestically within Indonesia.
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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
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- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
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