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Wednesday, 01 February 12
2% OF IBPS TOTAL CONCESSION AREA CONTAINS TOTAL COAL RESOURCE OF 56.1 MILLION TON
COALspot.com - PT. Britmindo, a mine consulting firm, has finalized PT. Insani Bara Perkasa (IBP) first JORC (Joint Ore Reserves Committee) resource report which was conducted on a 500 hectare area (Zone A) within IBP’ s 3rd Generation CCoW (Coal Contract of Work) concession, according to a press release from Insani Bara Perkasa.
The press release furhter said, zone A made up 2% of IBP’s total concession area of 24,477 hectare. IBP is a wholly owned subsidiary of PT. Resource Alam Indonesia Tbk (IDX: KKGI). The JORC resource report indicates that Zone A (500 hectare) contains total coal resource of 56.1 million ton with an average calorific value of 4,400 – 4,200 on As Received (AR) basis.
PT. Britmindo stated that it would take approximately 7 to 8 weeks to complete Zone A’s JORC reserve report from here on. This scheduled time frame is slightly longer that initially expected due to long waiting list at the mining & mineral laboratories.
This will be the first out of a series of planned JORC survey that shall be undertaken by IBP as it is hoping to progressively prove up its coal resource and reserve.
Given that JORC survey on Zone A is almost complete, IBP is preparing to proceed with its next JORC survey on another 500 hectare area (Zone B) adjacent to Zone A.
PT. Britmindo pointed out that all major coal seams that were indentified on Zone A runs continuously through Zone B.
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Wednesday, 22 February 12
RAW COMMODITY EXPORT BAN SPARKS SMELTER BUILDING BOOM IN INDONESIA ANTARA / THE JAKARTA GLOBE
Antara / The Jakarta Globe reported that, as the government gears up to ban all exports of unprocessed commodities, Indonesia will see 12 new ...
Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to subm ...
Monday, 20 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU
The dry market experienced one more disappointing week with tonnage oversupply and limited cargo demand that pushes earnings for shipping players to ...
Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES
8000-tonne contract with Singaporean buyer signed for March delivery
50% down payment due in five working days
Production continues at both Jongka ...
Monday, 20 February 12
DIAN SWASTATIKA ACQUIRES ANDALAN LESTARI - INSIDER STORIES
Insider Stories reported that, PT Dian Swastatika Sentosa Tbk (DSSA), controlled by Fuganto Widjaja, son of Indra Widjaja, reported a 99.83% takeove ...
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- Standard Chartered Bank - UAE
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- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
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- Economic Council, Georgia
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- IHS Mccloskey Coal Group - USA
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- New Zealand Coal & Carbon
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- Sarangani Energy Corporation, Philippines
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- Indonesian Coal Mining Association
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- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
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- The University of Queensland
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- Global Coal Blending Company Limited - Australia
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- Eastern Coal Council - USA
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- Mintek Dendrill Indonesia
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- Bhatia International Limited - India
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- Electricity Authority, New Zealand
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- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
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- SMC Global Power, Philippines
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- Orica Australia Pty. Ltd.
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- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Parliament of New Zealand
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- White Energy Company Limited
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- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
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- Bulk Trading Sa - Switzerland
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- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
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- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Deloitte Consulting - India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
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- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
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- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
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- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Videocon Industries ltd - India
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- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
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- Agrawal Coal Company - India
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
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