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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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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at Eur ...
Thursday, 01 March 12
INDO-INDIA, LARGE ECO SUPRA CAN FETCH CLOSE TO USD 9K DOP N.CHINA - FEARNLEYS AS
Handy
The Atlantic Handysize market did not see any signs for recovery this week. It is still a major lack of spot cargoes and an oversupply of pro ...
Wednesday, 29 February 12
69 MINERS AGREE TO RENEGOTIATE CONTRACTS - THE JAKARTA POST
The Jakarta Post, one of the leading English news papaer in Indonesia reported that, as many as 60 coal contracts-of-work (PKP2B) and nine non-coal ...
Wednesday, 29 February 12
PUTTING COAL GASIFICATION TO WORK
Clifford Reese of the SSOE Group looks at practical solutions for district energy leaders who wish to implement clean coal technology.
Coal fuels ...
Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining compani ...
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- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Xindia Steels Limited - India
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
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