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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, 02 August 12
OIL & GAS COMPANIES TO MEET IN MYANMAR FOR UPDATES ON NEW ROUND OF BIDDING AND INVESTMENT POTENTIAL IN UPSTREAM OIL, GAS, AND POWER GENERATION
Press Release - 2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 – 6 September 2012, to unveil new round of biddin ...
Thursday, 02 August 12
DRY BULK MARKET RATES CONTINUE SLUMP AMID SLOWER DEMAND NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on its downward path Wednesday, as the BDI (Baltic Dry Index) kept retreating to new lows. The index was down by 2.12 perce ...
Monday, 30 July 12
DRY BULK MARKET TO REMAIN UNDER PRESSURE FOR THE REST OF 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In an interview with Hellenic Shipping News Worldwide, Mr. Yannis Pachoulis, President of the Hellenic Shipbrokers' Association, remains cautiously ...
Sunday, 29 July 12
FREIGHT MARKET MOMENTUM CONTINUES TO WEAK
COALspot.com - The freight market continued to soft this week with all the segments dropped and the BDI fell below 1,000 points and closed at 933 po ...
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 ...
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- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Planning Commission, India
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
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