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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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Friday, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...
Thursday, 29 March 12
DRY BULK EDGED FURTHER UP, ON HEALTHY DEMAND FOR MOST SHIP TYPES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With capesize vessels finally reappearing in demand, the dry bulk market had an easier task of rising yesterday, as the BDI (Baltic Dry Index) reach ...
Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share. ...
Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 m ...
Tuesday, 27 March 12
DRY BULK MARKET KEEP RISING FOLLOWING THE SAME TREND OF LAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum this week, on the same reasons of those last week. That is, the smaller ship types are still on the ris ...
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Showing 4786 to 4790 news of total 6871 |
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- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
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