We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 26 April 12
AUSTRALIAS COKAL EXPANDS MET COAL POTENTIAL INTO WEST KALIMANTAN
 COALspot.com - Global metallurgical coal group Cokal Limited (Cokal) (ASX:CKA) announced today it has completed the acquisition of 75.2% of PT Silangkop Nusa Raya (SNR), which holds three exploration licenses in West Kalimantan near the Malaysian border (SNR Licences). The SNR Licenses cover an area of approximately 13,000 hectares, according to the company 's statement posted on company's website.
Cokal’s Executive Chairman, Peter Lynch said “that while recent exploratory work for metallurgical coal in the area was limited, surface samples of coal from surrounding areas had shown good coking coal properties and I am excited by the possibility of opening up a new area”. The table below shows the analytical results of surfaces samples taken from weathered outcropping coal seams from areas surrounding the SNR License area that are believed to continue into the SNR License area.
While little work has been done recently, earlier work in the area identified potential coking coal in the region. A review of the geological records of the area found that work done by a major Japanese coal company had identified coking coal bearing formations close to the western border of the SNR Licenses.
CEO, Mr James Middleton, said that the company intends to start a greenfield exploration programme in West Kalimantan to further determine the potential of the region. Cokal believes that the SNR properties are strategically placed within the region and have the potential to yield high value coking coal.
The final administrative details associated with the proposed acquisition are expected to be finalized in the June quarter of 2012 with initial mapping and preliminary geological work to start shortly after. As this is in effect a greenfield exploration programme, significant base line exploration (scout work and mapping) and approvals will be required before moving into drilling and subsequent phases of exploration. The acquisition cost is A$722,000 cash. Under the agreement, Cokal has acquired 75.2% of the equity of PT Silangkop Nusa Raya, the Indonesian Company owning the exploration licenses. Local Indonesian partners will hold the balance of the equity in PT Silangkop Nusa Raya. Cokal's local Indonesian partners have an option to finance their share of the project exploration and development costs through a loan from Cokal, at commercial interest rates, repayable out of their share of the future profits of PT Silangkop Nusa Raya.
The proposed acquisition has received Indonesian regulatory approval and PT Silangkop Nusa Raya has been converted to a PMA Company. Under Indonesian law a PMA Company is able to have up to 100% foreign ownership.
About Cokal Limited
Cokal (ASX:CKA) is an Australian listed company with the objective of becoming a metallurgical coal producer with a global presence. Cokal has interests in four projects in Central Kalimantan, Indonesia considered prospective for metallurgical coal. Cokal has also signed a joint venture with Tanzoz Resources to explore for coal in Tanzania and a cooperation agreement with Mozambique Government Mining Corporation, EMEM, to explore for coking coal in the emerging coal province of Mozambique.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 ...
Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped 28.21* mln mt of coal in January 2012, slightly lower than its December 2011 ...
|
|
|
Showing 4831 to 4835 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- The University of Queensland
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
|
| |
| |
|
