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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$12.6 million and 15 million Performance Rights. The Katingan Ria Project has the potential to establish Realm as a thermal coal producer within the next 12 months in a nation that has an established coal industry; and is ideally located to export to the high demand southeast Asian markets. Kalres is party to a Master agreement under which Kalres can acquire up to a 75% interest in PTKR.
In addition, Realm has platinum group metals (PGM) in South Africa an aluminium dross treatment plant in South Africa.
Source: Realm Resources Ltd
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Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...
Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...
Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.
The Cape Size ...
Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...
Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...
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- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Planning Commission, India
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
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