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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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Tuesday, 27 November 12
NEWCASTLE PORT HAS SHIPPED 1.79 MILLION TONS OF COAL W/E 26 NOVEMBER
COALspot.com - Newcastle port in Australia has loaded 1,793,841 MT of thermal and coking coal for week ended 0700 hours 26 November 2012, Newc ...
Sunday, 25 November 12
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO BE FIRM - VISTAAR
COALspot.com - The freight market was buoyant this week with all sectors up except for the Cape size index. The BDI was up by 5.21 pct closing at 10 ...
Sunday, 25 November 12
INDONESIAN SUB BITUMINOUS COAL SWAP CONTRACTS SLIDE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for February 2013 delivery lost 0.76percent WoW but gained 0.16 percent DoD on Friday ...
Saturday, 24 November 12
DELTA DUNIA MAKMUR PRODUCES 3.2 MILLION TONS OF COAL IN OCTOBER
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 31.1 million bcm* (-4.0% YoY) of Overburden in October 2012 totaled while coal production was ...
Friday, 23 November 12
CHOOSING THE RIGHT TIME TO INVEST IN NEW VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Shipping is all about timing, a process often rising to the height of artform, as ship owners are having to pick the exact moment of selling most of ...
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- Oldendorff Carriers - Singapore
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- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
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- Holcim Trading Pte Ltd - Singapore
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- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
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- VISA Power Limited - India
- Cement Manufacturers Association - India
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- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
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- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
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- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- CNBM International Corporation - China
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- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
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- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
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- Agrawal Coal Company - India
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- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
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- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
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- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
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- Thai Mozambique Logistica
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- Standard Chartered Bank - UAE
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- Global Green Power PLC Corporation, Philippines
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- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
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- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
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- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
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- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
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- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
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- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
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- Sical Logistics Limited - India
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- San Jose City I Power Corp, Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
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- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
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- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
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- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
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- Vijayanagar Sugar Pvt Ltd - India
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- Wood Mackenzie - Singapore
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- Bangladesh Power Developement Board
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- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
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- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
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- Xindia Steels Limited - India
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- Port Waratah Coal Services - Australia
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- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
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