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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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Monday, 06 August 12
COAL EXPORTS COULD ADD $2B TO $6B ANNUALLY TO U.S. ECONOMY - HELLENIC SHIPPING
Business groups backing Pacific Northwest coal export proposals on Thursday lauded a new report that claims increased U.S. coal exports could bring ...
Sunday, 05 August 12
SUB-BIT INDONESIA COAL SWAPS ARE WAY UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.36 percent on Friday (3 August 2012) closing W-o-W but gained& ...
Sunday, 05 August 12
INDONESIA'S ADARO TRIMS PRODUCTION FORECAST, CITES BAD ECONOMY - THE JAKARTA GLOBE
The Jakarta globe reported that, Adaro Energy, the country’s second-largest coal producer, has cut its annual production forecast to between ...
Sunday, 05 August 12
DRY BULK FREIGHT MARKET TO STAY WEAK NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com - The freight market continued to soften further in all segments.
The BDI was down by 8.68 pct closing at 852 points. The cape index ...
Friday, 03 August 12
INDIA - LIGHTS OUT! - SALVA
The Indian power sector hit global headlines this week for all the wrong reasons. Firstly, on Monday, over 350 million people lost power across nort ...
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- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- White Energy Company Limited
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Australian Coal Association
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- London Commodity Brokers - England
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
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