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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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Thursday, 01 November 12
KOMIPO LOOKING FOR 440,000 MT OF 4600 KCAL/KG NAR COAL FOR BORYEONG POWER PLANT
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids from coal producers, marketing companies or traders to supply of 440,000 Metric ...
Thursday, 01 November 12
CAPESIZE RATES FALL, DRY BULK MARKET RETREATS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It was another lackluster session yesterday in the dry bulk markets, with the industry's benchmark, the BDI (Baltic Dry Index) retreating by 1.63 p ...
Thursday, 01 November 12
HANDY : WCI-CHINA RATES ARE AT AROUND USD 5,000 AND ECI-CHINA AROUND USD 4000 - FEARNLEYS AS
Handy
The Atlantic market remains quiet due to a lack of cargoes and an increased supply of ships. Rates from the Continent to east Med were around ...
Tuesday, 30 October 12
COAL PRODUCTION TO RISE BY FIVE PERCENT IN 2013 - TEMPO INTERACTIVE
TEMPO Interactive reported that, Indonesian Coal Mining Association (APBI) chairman Bob Kamandanu has estimated that Indonesian coal production will ...
Tuesday, 30 October 12
NEW BUILDING ORDERING ACTIVITY KEEPS ON RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have refrained from placing any new orders of vessels during the course of the past few days, according to shipbroker reports. According ...
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- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
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- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
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- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- PTC India Limited - India
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Sical Logistics Limited - India
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
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