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Wednesday, 25 July 12
BUMI RESOURCES MINERALS SECURED PINJAM PAKAI FOR ITS ZINC AND LEAD PROJECT
 COALspot.com - PT Bumi Resources Minerals Tbk. ("BRMS" or "the Company") today reported that its 80% owned subsidiary, PT Dairi Prima Mineral (DPM), has secured the Borrow & Use Permit for the Mining and Exploitation works for its zinc and lead concession in North Sumatera, from the Ministry of Forestry on 23 July 2012.
According to company, DPM has one of the highest grade of zinc deposits in the world (zinc and lead grades of 11.5% and 6.8% respectively), and is to be developed as an underground mining operation. DPM currently has JORC (Joint Ore Reserves Committee) standard reserve and resource estimates of 11 millions tonnes and 25 million tonnes of ores respectively.
Previously, in November 2011, DPM received the In-Principle License for the underground mining works within the same concession from the Ministry of Forestry. The recently approved Borrow & Use Mining and Exploitation Permit adds significant value to the zinc and lead project as it gives better certainty to the DPM's production profile. The permit is good for 8 years and can be extended.
BRMS also looks forward to completing the exploration drilling works on the several sites within its copper and gold concessions which are operated by the Company's subsidiaries, PT Gorontalo Minerals and PT Citra Palu Minerals in Sulawesi. Following which the JORC resource estimates from the respective sites will be announced by end of this year.
About Bumi Resources Minerals
PT Bumi Resources Minerals Tbk. (“BRM”) is majority owned by PT Bumi Resources Tbk. (“BUMI”).
BRM is incorporated in Indonesia and holds various non-coal mineral operating, development and exploration properties in Indonesia and in West Africa. BRM has a diverse portfolio of minerals, including copper, gold, zinc, lead, iron ore, diamonds, etc. and holds security of tenure for its exploration and development properties.
Given the strong commodity demand in the medium to long term, BRM provides a unique opportunity to be part of a diverse mineral company. The management team has sound business experience in resource development and operating activities. The team has the ability to manage in developing countries.
BRM strives to deliver positive results and add value to its stakeholders by monetizing its reserves into commercial production.
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Saturday, 28 July 12
CAL 2013 COAL SWAPS ARE HIGHER COMPARED TO SEPT 2012 PRICES
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 0.47 percent on Friday (27 July 2012) closing DoD but lost 0.90 ...
Friday, 27 July 12
PACIFIC MARKET REMAINED FLAT - FEARNLEYS AS
Handy
The Atlantic market continued its downward trend from last week with what appears to be a summer lull across the board. A trip from the USG t ...
Wednesday, 25 July 12
BUKIT ASAMS H1 REVENUE JUMPED BY 13 PERCENT
COALspot.com - PT Bukit Asam (Persero), Tbk., the state owned coal miner's revenue in H1 2012, has jumped 13 percent to IDR 5.79 trillion (approxim ...
Tuesday, 24 July 12
SHIP OWNERS WAITING FOR SHIP PRICES TO FALL FURTHER BEFORE MOVING IN MORE AGGRESSIVELY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the summer season already well under way and many ship owners getting ready for the autumn, the sale & purchasing activity of second hand v ...
Monday, 23 July 12
NTPC INVITES BIDS FOR 2.6 MILLION TONS OF LOW MOISTURE IMPORTED COAL
COALspot.com - India’s largest electricity generator, NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government ...
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- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Planning Commission, India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
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