COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS


• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds to be used primarily to rapidly advance Orpheus’ portfolio of near term production assets in the South Kalimantan Kintap area

COALspot.com - Orpheus Energy (ASX:OEG) has today announced that it has raised $2.24 million through a share placement to international and domestic institutional and sophisticated investors.

Orpheus also said in its statement that, it will issue 17,227,198 shares at 13 cents per share. The placement will be made within Orpheus’ available 15 per cent capacity as defined under ASX listing rule 7.1.

Proceeds of the capital raising will be used for the acquisition and development of satellite mines in the South Kalimantan Kintap area, drilling and exploration for the B34 Project in East Kalimantan and for working capital.

Executive Chairman Wayne Mitchell said: “We are very pleased to be able to welcome a range of new international investors to Orpheus, as we continue our strategy of developing a quality portfolio of production and near term production assets in Indonesia.”

About Orpheus Energy Limited
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 increasing production at the recently acquired ADK project, moving its B26/34 projects into production, definitive exploration programmes at the Papua project and acquiring near term production assets.

About PT Mega Coal
PT Mega Coal is a privately-held coal mining company with an extensive local network and mining experience in Indonesia. OEG has an existing strategic alliance with PT Mega Coal, notably including its joint ventures for ADK, B26/B34 and Papua. The strategic alliance with PT Mega Coal enables the opportunity for continued additional coal concessions in Indonesia.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...


Saturday, 07 July 12
BALTIC INDEX UP ON STRONG CAPE, PANAMAX RATES - VISTAAR
COALspot.com - This week all the segments were firmed up with BDI up by 15.23 pct (up by 153 points) closing at 1,157 points. The cape index also ...


Saturday, 07 July 12
DRY BULK MARKET NOT ABLE TO FIND SOLID GROUND SAY EXPERTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the second half of each, traditionally looking the most active one, especially in terms of newbuildings being delivered, it's highly unlikely ...


Thursday, 05 July 12
GOVT GETS READY FOR $1.8B SUIT - THE JAKARTA POST
The Jakarta Post, one of the leading Indonesian English new papers reported that, several ministries and the Attorney General’s Office held a ...


Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 p ...


   932 933 934 935 936   
Showing 4666 to 4670 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Bukit Baiduri Energy - Indonesia
  • Petron Corporation, Philippines
  • Vale Mozambique
  • Africa Commodities Group - South Africa
  • Platou - Singapore
  • Shree Cement - India
  • Arutmin Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Tamil Nadu electricity Board
  • Eastern Coal Council - USA
  • SN Aboitiz Power Inc, Philippines
  • MS Steel International - UAE
  • Glencore India Pvt. Ltd
  • JPMorgan - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Maruti Cements - India
  • Cardiff University - UK
  • Chamber of Mines of South Africa
  • Ministry of Transport, Egypt
  • Reliance Power - India
  • Adaro Indonesia
  • Commonwealth Bank - Australia
  • Metalloyd Limited - United Kingdom
  • Thiess Contractors Indonesia
  • Bangladesh Power Developement Board
  • Star Paper Mills Limited - India
  • Fearnleys - India
  • Indian Oil Corporation Limited
  • Vijayanagar Sugar Pvt Ltd - India
  • Moodys - Singapore
  • World Coal - UK
  • Bank of America
  • Global Green Power PLC Corporation, Philippines
  • Thriveni
  • Indorama - Singapore
  • Essar Steel Hazira Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • GVK Power & Infra Limited - India
  • KOWEPO - South Korea
  • Carbofer General Trading SA - India
  • SRK Consulting
  • ING Bank NV - Singapore
  • White Energy Company Limited
  • Cemex - Philippines
  • Vizag Seaport Private Limited - India
  • Kepco SPC Power Corporation, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Independent Power Producers Association of India
  • Coal India Limited
  • Planning Commission, India
  • Agrawal Coal Company - India
  • Directorate Of Revenue Intelligence - India
  • World Bank
  • Meralco Power Generation, Philippines
  • McConnell Dowell - Australia
  • Posco Energy - South Korea
  • Alfred C Toepfer International GmbH - Germany
  • Samsung - South Korea
  • Altura Mining Limited, Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Cosco
  • Energy Link Ltd, New Zealand
  • Asian Development Bank
  • Asia Cement - Taiwan
  • Sinarmas Energy and Mining - Indonesia
  • IOL Indonesia
  • Indogreen Group - Indonesia
  • Deloitte Consulting - India
  • European Bulk Services B.V. - Netherlands
  • Krishnapatnam Port Company Ltd. - India
  • Adani Power Ltd - India
  • Anglo American - United Kingdom
  • Bulk Trading Sa - Switzerland
  • Bahari Cakrawala Sebuku - Indonesia
  • ANZ Bank - Australia
  • Mitsubishi Corporation
  • Leighton Contractors Pty Ltd - Australia
  • Britmindo - Indonesia
  • Barclays Capital - USA
  • Maersk Broker
  • Bank of China, Malaysia
  • Antam Resourcindo - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Sindya Power Generating Company Private Ltd
  • Sical Logistics Limited - India
  • Tata Power - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Heidelberg Cement - Germany
  • Asmin Koalindo Tuhup - Indonesia
  • Grasim Industreis Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Gresik Semen - Indonesia
  • IEA Clean Coal Centre - UK
  • Rudhra Energy - India
  • Banpu Public Company Limited - Thailand
  • Pinang Coal Indonesia
  • Maybank - Singapore
  • Attock Cement Pakistan Limited
  • Salva Resources Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • OCBC - Singapore
  • Simpson Spence & Young - Indonesia
  • Thailand Anthracite
  • The State Trading Corporation of India Ltd
  • CESC Limited - India
  • Tata Chemicals Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Savvy Resources Ltd - HongKong
  • Kapuas Tunggal Persada - Indonesia
  • Geoservices-GeoAssay Lab
  • New Zealand Coal & Carbon
  • Eastern Energy - Thailand
  • Pendopo Energi Batubara - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • KEPCO - South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • International Coal Ventures Pvt Ltd - India
  • SASOL - South Africa
  • Manunggal Multi Energi - Indonesia
  • Electricity Authority, New Zealand
  • Price Waterhouse Coopers - Russia
  • EMO - The Netherlands
  • Larsen & Toubro Limited - India
  • Berau Coal - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Panama Canal Authority
  • Electricity Generating Authority of Thailand
  • Kideco Jaya Agung - Indonesia
  • Wood Mackenzie - Singapore
  • Thai Mozambique Logistica
  • Shenhua Group - China
  • Australian Coal Association
  • Core Mineral Indonesia
  • Straits Asia Resources Limited - Singapore
  • Kumho Petrochemical, South Korea
  • Timah Investasi Mineral - Indoneisa
  • Marubeni Corporation - India
  • Arch Coal - USA
  • Cement Manufacturers Association - India
  • AsiaOL BioFuels Corp., Philippines
  • HSBC - Hong Kong
  • Humpuss - Indonesia
  • Runge Indonesia
  • Formosa Plastics Group - Taiwan
  • BRS Brokers - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Bhoruka Overseas - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Lanco Infratech Ltd - India
  • Intertek Mineral Services - Indonesia
  • Indonesia Power. PT
  • The University of Queensland
  • WorleyParsons
  • LBH Netherlands Bv - Netherlands
  • GB Group - China
  • GMR Energy Limited - India
  • Minerals Council of Australia
  • Jaiprakash Power Ventures ltd
  • Kobexindo Tractors - Indoneisa
  • Indonesian Coal Mining Association
  • Baramulti Group, Indonesia
  • Xstrata Coal
  • Malabar Cements Ltd - India
  • Cebu Energy, Philippines
  • Global Business Power Corporation, Philippines
  • CCIC - Indonesia
  • RBS Sempra - UK
  • Infraline Energy - India
  • South Luzon Thermal Energy Corporation
  • Noble Europe Ltd - UK
  • Kalimantan Lumbung Energi - Indonesia
  • TGV SRAAC LIMITED, India
  • Permata Bank - Indonesia
  • JPower - Japan
  • PNOC Exploration Corporation - Philippines
  • Jindal Steel & Power Ltd - India
  • Bhatia International Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Ministry of Finance - Indonesia
  • Merrill Lynch Bank
  • UOB Asia (HK) Ltd
  • Mercuria Energy - Indonesia
  • PowerSource Philippines DevCo
  • Coal Orbis AG
  • Edison Trading Spa - Italy
  • Holcim Trading Pte Ltd - Singapore
  • PLN Batubara - Indonesia
  • Malco - India
  • Globalindo Alam Lestari - Indonesia
  • NTPC Limited - India
  • Siam City Cement PLC, Thailand
  • Georgia Ports Authority, United States
  • Maharashtra Electricity Regulatory Commission - India
  • Wilmar Investment Holdings
  • NALCO India
  • CIMB Investment Bank - Malaysia
  • Parliament of New Zealand
  • CNBM International Corporation - China
  • Thermax Limited - India
  • Mjunction Services Limited - India
  • Australian Commodity Traders Exchange
  • Sojitz Corporation - Japan
  • Sree Jayajothi Cements Limited - India
  • Lafarge - France
  • SUEK AG - Indonesia
  • Makarim & Taira - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Surastha Cement
  • KPCL - India
  • Romanian Commodities Exchange
  • Borneo Indobara - Indonesia
  • Aditya Birla Group - India
  • Economic Council, Georgia
  • U S Energy Resources
  • GNFC Limited - India
  • Indian Energy Exchange, India
  • Bhushan Steel Limited - India
  • Karaikal Port Pvt Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • J M Baxi & Co - India
  • bp singapore
  • Siam City Cement - Thailand
  • Mitsui
  • Freeport Indonesia
  • Interocean Group of Companies - India
  • Enel Italy
  • Clarksons - UK
  • Central Electricity Authority - India
  • Thomson Reuters GRC
  • Ind-Barath Power Infra Limited - India
  • Bukit Makmur.PT - Indonesia
  • The India Cements Ltd
  • Russian Coal LLC
  • Mitra SK Pvt Ltd - India
  • IMC Shipping - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • MEC Coal - Indonesia
  • EIA - United States
  • SMG Consultants - Indonesia
  • Japan Coal Energy Center
  • Barasentosa Lestari - Indonesia
  • DBS Bank - Singapore
  • GHCL Limited - India
  • Energy Development Corp, Philippines
  • Videocon Industries ltd - India
  • Bharathi Cement Corporation - India
  • Sakthi Sugars Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Coalindo Energy - Indonesia
  • Therma Luzon, Inc, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Ambuja Cements Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Trasteel International SA, Italy
  • Sucofindo - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Peabody Energy - USA
  • Orica Australia Pty. Ltd.
  • India Bulls Power Limited - India
  • Latin American Coal - Colombia
  • Dalmia Cement Bharat India
  • Global Coal Blending Company Limited - Australia
  • globalCOAL - UK
  • Orica Mining Services - Indonesia
  • Oldendorff Carriers - Singapore
  • TANGEDCO India
  • London Commodity Brokers - England
  • Toyota Tsusho Corporation, Japan
  • Coaltrans Conferences
  • Indian School of Mines
  • The Treasury - Australian Government
  • SGS (Thailand) Limited
  • Renaissance Capital - South Africa
  • ACC Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Jatenergy - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • TeaM Sual Corporation - Philippines
  • Mechel - Russia
  • Petrosea - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Inspectorate - India
  • IBC Asia (S) Pte Ltd
  • KPMG - USA
  • PTC India Limited - India
  • Tanito Harum - Indonesia
  • PetroVietnam
  • Rashtriya Ispat Nigam Limited - India
  • Ministry of Mines - Canada
  • Goldman Sachs - Singapore
  • SMC Global Power, Philippines
  • Binh Thuan Hamico - Vietnam
  • VISA Power Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CoalTek, United States
  • PLN - Indonesia
  • TNPL - India
  • ICICI Bank Limited - India
  • Maheswari Brothers Coal Limited - India
  • IHS Mccloskey Coal Group - USA
  • ETA - Dubai
  • Indika Energy - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • TRAFIGURA, South Korea
  • San Jose City I Power Corp, Philippines
  • Riau Bara Harum - Indonesia
  • Credit Suisse - India
  • Cargill India Pvt Ltd
  • Billiton Holdings Pty Ltd - Australia
  • Sarangani Energy Corporation, Philippines
  • Idemitsu - Japan
  • Mercator Lines Limited - India
  • Inco-Indonesia
  • Vedanta Resources Plc - India
  • Total Coal South Africa
  • Kobe Steel Ltd - Japan
  • Mintek Dendrill Indonesia
  • BNP Paribas - Singapore
  • McKinsey & Co - India
  • Semirara Mining Corp, Philippines
  • Coastal Gujarat Power Limited - India
  • Deutsche Bank - India
  • Madhucon Powers Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Power Finance Corporation Ltd., India
  • Central Java Power - Indonesia
  • Merrill Lynch Commodities Europe
  • Platts
  • Uttam Galva Steels Limited - India
  • ASAPP Information Group - India
  • APGENCO India
  • Singapore Mercantile Exchange
  • Meenaskhi Energy Private Limited - India
  • Parry Sugars Refinery, India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Xindia Steels Limited - India
  • Kaltim Prima Coal - Indonesia
  • Vitol - Bahrain
  • Argus Media - Singapore
  • Samtan Co., Ltd - South Korea
  • Coeclerici Indonesia
  • Bangkok Bank PCL
  • Ince & co LLP
  • Port Waratah Coal Services - Australia
  • Standard Chartered Bank - UAE
  • Rio Tinto Coal - Australia
  • UBS Singapore
  • Coal and Oil Company - UAE
  • Qatrana Cement - Jordan
  • Gupta Coal India Ltd
  • Medco Energi Mining Internasional