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

Sunday, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR
COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points. The Cape Si ...


Sunday, 27 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS HEADING TO SOUTH DIRECTION
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries have dropped this week by 5.43 percent an ...


Saturday, 26 May 12
DRY BULK SHIP OWNERS LOOKING TO CUT BACK ON TONNAGE SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of dry bulk carriers has been the most prominent problem in the market today, pushing down rates and ‘strangling’ profita ...


Thursday, 24 May 12
DRY BULK MARKET RETREATS ON LACK OF CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated yesterday on the back of lower Chinese demand for commodities such as coal and iron ore, typically hauled by dry bulk ...


Tuesday, 22 May 12
NEW ONE-YEAR TIME CHARTERS FOR TWO VESSELS OF EXCEL MARITIME CARRIERS LTD.
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportat ...


   942 943 944 945 946   
Showing 4716 to 4720 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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