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Thursday, 06 October 11
REALM SECURES 51% OF KATINGAN RIA COAL PROJECT IN CENTRAL KALIMANTAN
•Realm secures 51% of PT Katingan Ria Thermal Coal Project in Central Kalimantan
•Realm takes ownership of Kalres Limited
•Acquisition finalization (to 75%) and project development work begins
COALspot.com - Realm Resources Ltd announces that it has completed the acquisition of Kalres Limited and through Kalres acquired 51% of PT Katingan Ria (PTKR), an advanced thermal coal exploration project located in Central Kalimantan, Indonesia, for a total transaction value of US$12.6 million and 15 million Performance Rights.
The Katingan Ria Project has the potential to establish Realm as a thermal coal producer within the next 12 months in a nation that has an established coal industry; and is ideally located to export to the high demand southeast Asian markets. Kalres is party to a Master agreement under which Kalres can acquire up to a 75% interest in PTKR.
Commenting on the acquisition, Realm's Managing Director Richard Rossiter said, “ This is a company transforming acquisition. We are excited to have reached this significant milestone in the company’s progress as a coal developer. Work now begins to accelerate the path to production and complete the acquisition to the agreed 75% owner ship level .”
According to the company's report to ASX Australia, A feasibility study on the Katingan Ria Project will be refined with the aim of bringing the Katingan Ria Project into production by mid CY2012. In addition, PTKR will progress the Pinjam Pakai Exploitation license (which allows mining) in respect of 1,500 hectares in the southern part of the Katingan Ria Project as part of Tranche 2 under the Master Agreement. Tranche 2 acquisition is scheduled to be completed by 31 March 2012 subject to satisfactory feasibility study results.
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Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...
Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...
Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...
Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...
Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...
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- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Australian Coal Association
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
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