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Tuesday, 07 August 12
REALM RESOURCES COMPLETES STUDY ON ITS KATINGAN RIA COAL PROJECT
COALspot.com - Realm Resources Ltd. has announced that it has completed the Project Study for the Katingan Ria Project in Central Kalimantan, Indonesia.
According to statement, the study, independently reviewed by Xenith Consulting Pty. Limited, supports the undertaking of a further drilling programme to increase geological confidence to assist in completing a bankable feasibility study.
Project - Highlights
The project’s base case open-cut 3 Mtpa mine plan with a designed life of 15 years, is technically viable
The coal deposit is structurally simple and with a large area of relatively homogenous low strip-ratio coal minimizing mining costs and establishing the projected life of mine FOB operating costs at USD39.20/t
The quality of a raw coal product should satisfy the specifications for Indonesian 4,200kcal/kg (GAR) low sulphur coal and be readily accepted in rapidly growing markets in China, India, Korea and Thailand
Low Project start-up capital estimate of USD 23M, implying a capital intensity of less than USD10 / annual tonne, thereby minimizing investment risk
Permitting is well advanced, supporting forecast production and ramp up from mid-2013
The base case mine plan NPV of USD156M (100%) at a 10% discount rate is most sensitive to coal price and least sensitive to capital expenditure
Potential to increase the quantity and quality of the resource definition and to better optimize the mine’s economics through additional exploration and engineering work.
The Project is located near the town of Tumbang Samba in Central Kalimantan, Indonesia, approximately 175 km North West of the regional capital of Palangkaraya. The Project mining concession covers an area of some 4,258 ha within an area that has already been subject to commercial forestry operations.
The statement further said that, the project’s base case is designed to mine 1 to 1.5 Mtpa of coal ramping up to 3.0 Mtpa within three years. It is proposed to use a truck and excavator fleet to produce a thermal coal product for the domestic and export markets, initially over a period of 15 years.
The mined coal would be transported from the mine site to the Pegatan Anchorage at the southern coast of Central Kalimantan for loading to ocean shipping vessels and export. The total transportation distance to the anchorage (including road and barge) is approximately 450kms.
About Realm Resources Ltd
Realm's strategy is to create shareholder value through exploration and development of quality metal and minerals sector projects. The Company’s primary focus is on the acquisition and development of the Katingan Ria thermal coal project coal in Indonesia. On 6th October 2011, Realm announced the acquisition of Kalres Limited and through Kalres acquired 51% of PT Katingan Ria (PTKR), an advanced thermal coal exploration project located in Central Kalimantan, Indonesia, for a total transaction value of US$12.6 million and 15 million Performance Rights. The Katingan Ria Project has the potential to establish Realm as a thermal coal producer within the next 12 months in a nation that has an established coal industry; and is ideally located to export to the high demand southeast Asian markets. Kalres is party to a Master agreement under which Kalres can acquire up to a 75% interest in PTKR.
In addition, Realm has platinum group metals (PGM) in South Africa an aluminium dross treatment plant in South Africa.
Source: Realm Resources Ltd
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Thursday, 20 September 12
DRY BULK INCHES FORWARD AFTER WEEKS OF BELOW PAR PERFORMANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has started to revive from its ashed, as the past couple of days, traders have reported an increased activity from China, result ...
Wednesday, 19 September 12
CHURCHILL STRENGTHENS LITIGATION TEAM WITH APPOINTMENT OF NICHOLAS SMITH AS MANAGING DIRECTOR
COALspot.com - Churchill Mining PLC (AIM: CHL) has announced that, Mr Nicholas Smith has joined the board of the Company and has been appointed as t ...
Wednesday, 19 September 12
DRY BULK TERMINALS SINGAPORE
Press Release - Dry bulk terminals are used all around the world to handle large quantities of bulk materials, like minerals, grains, etc. In today& ...
Tuesday, 18 September 12
JORC CODE REVISION - EXPOSURE DRAFT RELEASED FOR COMMENT
COALspot.com - The Australasian Joint Ore Reserves Committee (JORC) has today released for public comment the exposure draft of the JORC Code (2012) ...
Monday, 17 September 12
YEAR TO DATE, BUMA PRODUCED 231.1 MILLION BCM OF OVERBURDEN
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 31.5 million bcm (+6.0 percent YoY) overburden in August 2012 totaled 31.5 million bcm ( ...
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- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Minerals Council of Australia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- The University of Queensland
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
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