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Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
 Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration forestry permit at its flagship Central Katingan Ria thermal coal project to operational status has been approved, in principle, by the Indonesian Ministry of Forestry (No. S.515/Menhut-VII/2012 dated 7 November 2012).
Katingan Ria (Realm 51% interest, option to increase to 75%), located in Kalimantan, Indonesia, has the potential to be a simple, open-cut operation that will supply low ash coal ideally suited for Indian and Chinese power generation.
- Realm’s Exploration Forestry Permit has been upgraded to an In-Principle Forestry Operations Permit paving the way for the final Forestry Operations Permit and forecast production in 2013
- The In-Principle License was granted over the requested area of 3,058.25 ha with work now focused on satisfying the conditions to commence mining operations in the first 1,000 ha
- Drilling underway to upgrade current 102Mt JORC resource
Commenting on the development, Realm’s chairman, Richard Rossiter said “we are pleased that the final stage in forestry permitting is drawing to a close, after slower than forecast progress. The In-Principle Licence is the last stage prior to the issuance of the “Borrow and Use of Forest Area Permit” or so called Ijin Pinjam Pakai Kawasan Hutan (“IPPKH”) which allows the Company to start mining. This lends strong support to Realm’s ambitions to commence production in 2013”.
The Company recognizes and appreciates the professionalism and procedural discipline of its Indonesian partners in successfully securing this license - a milestone that only a handful of mining companies have achieved this year in Indonesia.
Following granting of the IPPKH the Company will be able to commence mining operations within its concession areas as well as to transport the coal and store it.
The In-Principle License was granted over the requested area of 3,058.25 ha, with work now having commenced on satisfying the conditions to commence mining operations in the first 1,000 ha of this area. Whilst the Company has two years to satisfy the conditions of the In-Principle License and thus be granted the IPPKH, it is expected that the conditions will be satisfied within 6 months.
At present, drilling is advancing to upgrade certainty of the 102Mt JORC compliant resource. The program will form the basis of the feasibility study, with drilling results anticipated in 4Q2012.
About Realm
Realm’s strategy is to create shareholder value through exploration and development of bulk commodity projects, primarily in coal. In addition, the Company has platinum group metals, advanced exploration projects and an aluminium dross treatment plant in South Africa.
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Friday, 30 November 12
IS INDONESIAN COAL INDUSTRY DEPENDS HEAVILY ON INDIA AND CHINA?
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 35,143,587* tons of coal in October 2012. October exports are 19 ...
Thursday, 29 November 12
BUMI TO PRODUCE 100 MILLION TONS OF COAL BY 2014
COALspot.com - Expansions on both BUMI’ s subsidiaries, PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia ( Arutmin) , are ...
Thursday, 29 November 12
PANAMAX : A FAIRLY STEADY MARKET WITH USD 8.5-9K/DAY FOR 2 LADEN LEGS IN ATLANTIC - FEARNLEYS
Handy
The Atlantic market continues to remain quiet due to more supply of ships. Rates from USG to Far East were around USD 18k and Black Sea to Fa ...
Thursday, 29 November 12
DRY BULK MARKET SLIGHTLY HIGHER DESPITE LULL ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market was marginally higher yesterday, according to the industry's benchmark, the Baltic Dry Index (BDI), which rose by 7 points to 1 ...
Wednesday, 28 November 12
NEWBUILDING ORDERING PICKS UP AS SHIP OWNERS LOOK TO CLOSE DEALS BEFORE THE END OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners are active once again in the newbuilding ordering market, as they look to clinch deals ahead of the end of the year. Once again their fo ...
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- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Parliament of New Zealand
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Posco Energy - South Korea
- GMR Energy Limited - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
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