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, 29 October 12
US COAL EXPORTS ARE EXPECTED TO REACH 125 MILLION TONS THIS YEAR - EIA
COALspot.com - US coal exports are expected to reach 125 million tons this year, surpassing the old record of about 113 million tons set in 1981, sa ...


Sunday, 28 October 12
SUB-BIT INDONESIA COAL SWAPS (FOB ) FOR DECEMBER 2012 DELIVERY STAYED FLAT D-D
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery flat on D-D but gained 0.38 percent on W-W on Friday, 26 October 2012, ...


Sunday, 28 October 12
INDONESIA TO INDIA SUPRAMAX FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - The Cape size sector continued to remain active with iron ore movement being steady. All other sectors were down. The BDI was up b ...


Friday, 26 October 12
SHIPPING MARKETS HEADING FOR DIVISION AND MULTI-TIER WILL BECOME THE NORM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It seems that something is expected to be fundamentally different in the way that the shipping markets will be operating in the future, according to ...


Friday, 26 October 12
DRY BULK MARKET FALLS ON WORRIES THAT RECENT RALLY WILL BE SHORTLIVED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market retreated yesterday as a result of a plunge of the Capesize dry bulk carriers' segment, after their latest rally. As a result, ...


   904 905 906 907 908   
Showing 4526 to 4530 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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