COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 12 November 12
BARGE-LOAD OF 5K TONNES OF COAL FROM THE ADK JOINT VENTURE SHIPPED LAST WEEK


COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading group.

According to a note from Orpheus Energy, this shipment, the first since the recent unseasonal heavy rain and major flooding in the Kintap area, is a trial shipment for the trading group, which is negotiating with Orpheus to enter into a regular supply contract. The coal has a typical South Kalimantan product specification of 5500-5300 Kcal/Kg (ADB), and is low in ash and sulphur.

This trial shipment earns the ADK Joint Venture a ~$5 per tonne net margin (OEG has a 50% equity interest in ADK). Long-term and spot contracts are under negotiation for the current 50,000+ tonne stockpile and ongoing production.

- First coal sales achieved after recent flooding of South Kalimantan Kintap area
- Barge-load of 5000 tonnes from the ADK Joint Venture shipped last week
- 50,000+ tonnes on coal stockpile awaiting delivery to buyers this month

The SKJM port is located approximately 6km from the ADK coal mine. Travel time is about two hours by barge to ships offshore where the loading time is then about 6-7 hours per barge. There is sufficient infrastructure capacity at SKJM and the nearby SSDK port for Orpheus to achieve its initial production target of 50,000 tonnes per month.

Executive Chairman Wayne Mitchell said: “We are very pleased to report to shareholders that our ADK mine is operational again and that we are selling coal. Despite the current challenging trading conditions, Orpheus is still able to make a profit on sales, and as we ramp up production to our target 50,000 tonnes per month, the net margin is expected to increase. We are on target to becoming a cash-flow positive company in the near term”.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...


Saturday, 29 December 12
SHIPBREAKING YARDS IN INDIA DEMOLISH A TOTAL OF 527 VESSELS IN 2012, BREAKING ALL PREVIOUS RECORDS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
India's ship demolition experts of Star Matrix contemplated this week on the issue of why ships in the range of 1,000 and up to 6,500 liquid tons ( ...


Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 199 ...


Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
COALspot.com:  Indonesia, the world largest multi grade coal exporter has shipped  33.578* million tons of coal in November 2012. thi ...


Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO
COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by R ...


   888 889 890 891 892   
Showing 4446 to 4450 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Jorong Barutama Greston.PT - Indonesia
  • Barasentosa Lestari - Indonesia
  • Inspectorate - India
  • Toyota Tsusho Corporation, Japan
  • Siam City Cement - Thailand
  • Sindya Power Generating Company Private Ltd
  • PowerSource Philippines DevCo
  • PLN Batubara - Indonesia
  • IOL Indonesia
  • San Jose City I Power Corp, Philippines
  • Cosco
  • Malco - India
  • Anglo American - United Kingdom
  • PetroVietnam Power Coal Import and Supply Company
  • ING Bank NV - Singapore
  • LBH Netherlands Bv - Netherlands
  • Oldendorff Carriers - Singapore
  • Vale Mozambique
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Ind-Barath Power Infra Limited - India
  • Uttam Galva Steels Limited - India
  • Kumho Petrochemical, South Korea
  • Gresik Semen - Indonesia
  • NALCO India
  • ICICI Bank Limited - India
  • Coal India Limited
  • Georgia Ports Authority, United States
  • Jindal Steel & Power Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Billiton Holdings Pty Ltd - Australia
  • Meralco Power Generation, Philippines
  • Bukit Makmur.PT - Indonesia
  • Tata Power - India
  • Samsung - South Korea
  • PTC India Limited - India
  • Eastern Energy - Thailand
  • European Bulk Services B.V. - Netherlands
  • Thailand Anthracite
  • KPMG - USA
  • bp singapore
  • Simpson Spence & Young - Indonesia
  • The State Trading Corporation of India Ltd
  • Madhucon Powers Ltd - India
  • Bank of China, Malaysia
  • Manunggal Multi Energi - Indonesia
  • McKinsey & Co - India
  • Britmindo - Indonesia
  • Arutmin Indonesia
  • Cement Manufacturers Association - India
  • Energy Development Corp, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Jaiprakash Power Ventures ltd
  • Iligan Light & Power Inc, Philippines
  • PNOC Exploration Corporation - Philippines
  • Bangladesh Power Developement Board
  • Directorate General of MIneral and Coal - Indonesia
  • Vizag Seaport Private Limited - India
  • Merrill Lynch Commodities Europe
  • World Bank
  • Mercator Lines Limited - India
  • Siam City Cement PLC, Thailand
  • Cebu Energy, Philippines
  • Glencore India Pvt. Ltd
  • Therma Luzon, Inc, Philippines
  • Sakthi Sugars Limited - India
  • Larsen & Toubro Limited - India
  • Tamil Nadu electricity Board
  • Rudhra Energy - India
  • Timah Investasi Mineral - Indoneisa
  • Africa Commodities Group - South Africa
  • The India Cements Ltd
  • Coaltrans Conferences
  • Semirara Mining and Power Corporation, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Goldman Sachs - Singapore
  • Permata Bank - Indonesia
  • Bhatia International Limited - India
  • South Luzon Thermal Energy Corporation
  • Minerals Council of Australia
  • ETA - Dubai
  • TRAFIGURA, South Korea
  • Ministry of Mines - Canada
  • Infraline Energy - India
  • Shree Cement - India
  • Marubeni Corporation - India
  • Riau Bara Harum - Indonesia
  • globalCOAL - UK
  • APGENCO India
  • UOB Asia (HK) Ltd
  • Indonesia Power. PT
  • Indonesian Coal Mining Association
  • Kapuas Tunggal Persada - Indonesia
  • SMG Consultants - Indonesia
  • Sucofindo - Indonesia
  • Posco Energy - South Korea
  • Intertek Mineral Services - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Australian Coal Association
  • Dalmia Cement Bharat India
  • CESC Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Globalindo Alam Lestari - Indonesia
  • Moodys - Singapore
  • Lafarge - France
  • Jatenergy - Australia
  • Shenhua Group - China
  • Mitra SK Pvt Ltd - India
  • Kobe Steel Ltd - Japan
  • Salva Resources Pvt Ltd - India
  • TeaM Sual Corporation - Philippines
  • DBS Bank - Singapore
  • Kobexindo Tractors - Indoneisa
  • Binh Thuan Hamico - Vietnam
  • Petrosea - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Baramulti Group, Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Maybank - Singapore
  • Pinang Coal Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Gujarat Electricity Regulatory Commission - India
  • JPower - Japan
  • London Commodity Brokers - England
  • Core Mineral Indonesia
  • Mercuria Energy - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • The University of Queensland
  • BRS Brokers - Singapore
  • Central Electricity Authority - India
  • Malabar Cements Ltd - India
  • Mitsui
  • Bayan Resources Tbk. - Indonesia
  • Antam Resourcindo - Indonesia
  • Deutsche Bank - India
  • SGS (Thailand) Limited
  • TANGEDCO India
  • Ministry of Transport, Egypt
  • MS Steel International - UAE
  • WorleyParsons
  • TNPL - India
  • Rio Tinto Coal - Australia
  • New Zealand Coal & Carbon
  • CNBM International Corporation - China
  • Petrochimia International Co. Ltd.- Taiwan
  • Latin American Coal - Colombia
  • Bangkok Bank PCL
  • J M Baxi & Co - India
  • White Energy Company Limited
  • Tanito Harum - Indonesia
  • Vedanta Resources Plc - India
  • Mechel - Russia
  • Holcim Trading Pte Ltd - Singapore
  • JPMorgan - India
  • International Coal Ventures Pvt Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Aditya Birla Group - India
  • Clarksons - UK
  • Mintek Dendrill Indonesia
  • BNP Paribas - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Port Waratah Coal Services - Australia
  • GNFC Limited - India
  • Sical Logistics Limited - India
  • PLN - Indonesia
  • Reliance Power - India
  • Wilmar Investment Holdings
  • Metalloyd Limited - United Kingdom
  • Thermax Limited - India
  • Heidelberg Cement - Germany
  • Bhushan Steel Limited - India
  • Coalindo Energy - Indonesia
  • Standard Chartered Bank - UAE
  • Commonwealth Bank - Australia
  • AsiaOL BioFuels Corp., Philippines
  • IEA Clean Coal Centre - UK
  • Bharathi Cement Corporation - India
  • Vijayanagar Sugar Pvt Ltd - India
  • McConnell Dowell - Australia
  • Mjunction Services Limited - India
  • Total Coal South Africa
  • Mitsubishi Corporation
  • Chettinad Cement Corporation Ltd - India
  • EIA - United States
  • The Treasury - Australian Government
  • Wood Mackenzie - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Planning Commission, India
  • Power Finance Corporation Ltd., India
  • Platou - Singapore
  • KOWEPO - South Korea
  • Straits Asia Resources Limited - Singapore
  • Economic Council, Georgia
  • KPCL - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Peabody Energy - USA
  • Maersk Broker
  • Formosa Plastics Group - Taiwan
  • Xindia Steels Limited - India
  • ANZ Bank - Australia
  • IMC Shipping - Singapore
  • Bulk Trading Sa - Switzerland
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • India Bulls Power Limited - India
  • Thriveni
  • Romanian Commodities Exchange
  • Trasteel International SA, Italy
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Ernst & Young Pvt. Ltd.
  • Maruti Cements - India
  • Indorama - Singapore
  • HSBC - Hong Kong
  • Thai Mozambique Logistica
  • Arch Coal - USA
  • Asia Cement - Taiwan
  • Sarangani Energy Corporation, Philippines
  • Energy Link Ltd, New Zealand
  • RBS Sempra - UK
  • Xstrata Coal
  • Lanco Infratech Ltd - India
  • Global Business Power Corporation, Philippines
  • Petron Corporation, Philippines
  • KEPCO - South Korea
  • Bhoruka Overseas - Indonesia
  • SUEK AG - Indonesia
  • Panama Canal Authority
  • GB Group - China
  • Samtan Co., Ltd - South Korea
  • Parry Sugars Refinery, India
  • Vitol - Bahrain
  • Bukit Baiduri Energy - Indonesia
  • Surastha Cement
  • Attock Cement Pakistan Limited
  • Sinarmas Energy and Mining - Indonesia
  • Deloitte Consulting - India
  • Coal and Oil Company - UAE
  • Indian School of Mines
  • GMR Energy Limited - India
  • Savvy Resources Ltd - HongKong
  • Independent Power Producers Association of India
  • Indika Energy - Indonesia
  • NTPC Limited - India
  • MEC Coal - Indonesia
  • Grasim Industreis Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Platts
  • Price Waterhouse Coopers - Russia
  • Cargill India Pvt Ltd
  • Asian Development Bank
  • Directorate Of Revenue Intelligence - India
  • Tata Chemicals Ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • Enel Italy
  • World Coal - UK
  • UBS Singapore
  • Agrawal Coal Company - India
  • Credit Suisse - India
  • Ministry of Finance - Indonesia
  • Maheswari Brothers Coal Limited - India
  • VISA Power Limited - India
  • Thiess Contractors Indonesia
  • Fearnleys - India
  • Berau Coal - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Borneo Indobara - Indonesia
  • Humpuss - Indonesia
  • SRK Consulting
  • Inco-Indonesia
  • Singapore Mercantile Exchange
  • Merrill Lynch Bank
  • Pendopo Energi Batubara - Indonesia
  • Australian Commodity Traders Exchange
  • Noble Europe Ltd - UK
  • Karbindo Abesyapradhi - Indoneisa
  • Runge Indonesia
  • TGV SRAAC LIMITED, India
  • Bank of America
  • Adani Power Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Videocon Industries ltd - India
  • Star Paper Mills Limited - India
  • Indian Oil Corporation Limited
  • TNB Fuel Sdn Bhd - Malaysia
  • Coal Orbis AG
  • ACC Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Argus Media - Singapore
  • Cemex - Philippines
  • SMC Global Power, Philippines
  • GVK Power & Infra Limited - India
  • Russian Coal LLC
  • Electricity Authority, New Zealand
  • Asmin Koalindo Tuhup - Indonesia
  • Barclays Capital - USA
  • Miang Besar Coal Terminal - Indonesia
  • Parliament of New Zealand
  • Coastal Gujarat Power Limited - India
  • Orica Australia Pty. Ltd.
  • CCIC - Indonesia
  • Cardiff University - UK
  • Indogreen Group - Indonesia
  • Medco Energi Mining Internasional
  • Idemitsu - Japan
  • Eastern Coal Council - USA
  • Sojitz Corporation - Japan
  • Bahari Cakrawala Sebuku - Indonesia
  • U S Energy Resources
  • Gujarat Sidhee Cement - India
  • Kalimantan Lumbung Energi - Indonesia
  • Interocean Group of Companies - India
  • Indian Energy Exchange, India
  • SASOL - South Africa
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Japan Coal Energy Center
  • IBC Asia (S) Pte Ltd
  • Ince & co LLP
  • Gupta Coal India Ltd
  • PetroVietnam
  • Carbofer General Trading SA - India
  • Electricity Generating Authority of Thailand
  • CIMB Investment Bank - Malaysia
  • Makarim & Taira - Indonesia
  • Chamber of Mines of South Africa
  • Banpu Public Company Limited - Thailand
  • Meenaskhi Energy Private Limited - India
  • Renaissance Capital - South Africa
  • IHS Mccloskey Coal Group - USA
  • Kartika Selabumi Mining - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Kideco Jaya Agung - Indonesia
  • Ambuja Cements Ltd - India
  • Central Java Power - Indonesia
  • Adaro Indonesia
  • Global Coal Blending Company Limited - Australia
  • Kaltim Prima Coal - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • GHCL Limited - India
  • ASAPP Information Group - India
  • Altura Mining Limited, Indonesia
  • CoalTek, United States
  • Essar Steel Hazira Ltd - India
  • Geoservices-GeoAssay Lab
  • Edison Trading Spa - Italy
  • Thomson Reuters GRC
  • EMO - The Netherlands
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Coeclerici Indonesia
  • Qatrana Cement - Jordan
  • Freeport Indonesia
  • Orica Mining Services - Indonesia
  • Semirara Mining Corp, Philippines
  • OCBC - Singapore