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Wednesday, 28 March 12
ORPHEUS ENERGY TO COMMENCE JORC DRILLING AT ADK PROJECT
COALspot.com - Indonesian coal explorer and producer, Orpheus Energy (ASX:OEG), have today announced that the company is about to commence a drilling exploration program of 7 cored holes at the ADK Project in South Kalimantan, Indonesia.
Highlights include:
JORC drilling program at ADK due to commence by 31 March 2012
Drilling two zones of up to 2.2Mt and up to 1.5Mt respectively, totalling up to 3.7Mt outside current mine pits
Past drilling of the current mine pit areas is also being re-assesses and new mine plans have been formulated to more efficiently extract coal
ADK mine and other Orpheus/Mega projects unaffected by proposed Indonesian foreign ownership changes
Executive Chairman Wayne Mitchell said: “The ADK JORC drilling program will confirm our understanding of the resource potential of this project. Together with the production plans we announced on 20 March, this new information will assist us in longer term mine planning for ADK.
“We would like to reassure shareholders that the company is unaffected by the recent commentary on the Indonesian Government’s plans to limit foreign ownership to 49% over 10 years. With our strategic local JV partner, PT Mega Coal, our strategy has always been to maintain our 50 to 51% equity in each project via a local Indonesian PMA company.”
About Orpheus:
Orpheus Energy Limited (“OEG”) is a coal company focusing on coal production and exploration in Indonesia. OEG also owns some Australian coal and industrial minerals projects.
Orpheus has signed a strategic alliance with PT Mega Coal International (‘Mega’) which is an existing coal producer and exporter. Orpheus is on a fast track to growth through moving its B26/34 projects into production, increasing production at the recently acquired ADK project, definitive exploration programmes at the Papua project and acquiring near term production assets.
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Thursday, 26 April 12
BUKIT ASAMS 1Q OPERATING PROFIT MARGIN HAS INCREASED BY 6% TO RP. 1 TRILLION
COALspot.com - PT. Bukit Asam (Persero), the Indonesia’s state owned coal miner's 1Q, 2012 revenue has increased by 31% to Rp. 3.02 trillion ...
Thursday, 26 April 12
TAIPOWER TO BUY 1.15 MILLION TONS OF 5000 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 1.125million tons of sub-bituminous coal for Taipower thermal power plant through open tender ...
Thursday, 26 April 12
TAIPOWER TO BUY 375,000 MT OF 4800 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 375,000 metric tons of low sulfur sub-bituminous coal for Taipower thermal power plant ...
Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta K ...
Thursday, 26 April 12
DRY BULK CARRIERS RENTER FLEET AFTER IDLING, ON MARKETS RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be back on track, not only solidifying the gains of the past couple of weeks, but also racing to new heights, recuperra ...
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- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- The University of Queensland
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