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Coal News

  • Mongolia posts 6.9% economic growth in 2018
    by Reuters on 15th February 2019 at 6:40 pm

    Coal and copper generate almost 70% of Mongolia's total export revenues and most of its mining output is sold to neighboring China. The post Mongolia posts 6.9% economic growth in 2018 appeared first on MINING.com. […]

  • Strike over job losses compounds South Africa blackout woes
    by Bloomberg News on 13th February 2019 at 6:50 pm

    While South Africa has suffered electricity shortages for more than a decade, the utility is at a crisis point and is seen as the biggest threat to the economy. The post Strike over job losses compounds South Africa blackout woes appeared first on MINING.com. […]

  • SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk
    by Bloomberg News on 13th February 2019 at 6:22 pm

    The company said it failed to reach an agreement with a client in a dispute over a mining project in Latin America, prompting it to slash its profit forecast by more than 40% for the year. The post SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk appeared first on MINING.com. […]

  • Colombia coal output likely to hold steady in 2019, companies say
    by Reuters on 13th February 2019 at 5:11 pm

    The Andean nation is the world's fifth-largest exporter of coal. The post Colombia coal output likely to hold steady in 2019, companies say appeared first on MINING.com. […]

  • Operational risks and safety must be a top agenda in mining
    by DuPont on 11th February 2019 at 9:54 pm

    A gap in engagement between company leaders and front-line workers is critical to preventing and mitigating risks. The post Operational risks and safety must be a top agenda in mining appeared first on MINING.com. […]

Nickel News

  • Sherritt International reports higher annual nickel production at Cuban JV
    by Amanda Stutt on 14th February 2019 at 11:05 pm

    The company’s share of finished nickel production at the Moa joint venture (JV) in Cuba and Saskatchewan, Canada was 4,294 tonnes, up 4% from last year. The post Sherritt International reports higher annual nickel production at Cuban JV appeared first on MINING.com. […]

  • South32's Colombia ferronickel unit avoids strike with mine unions
    by Reuters on 14th February 2019 at 7:07 pm

    South32 produces nickel from ferronickel in an open pit mine near the municipality of Montelibano, in the western department of Cordoba. The post South32's Colombia ferronickel unit avoids strike with mine unions appeared first on MINING.com. […]

  • Cost parity by 'early 2020s' will be electric vehicle tipping point
    by Frik Els on 13th February 2019 at 6:17 am

    Improving battery technologies will mean that even long-haul trucks could be economically electrified during the second half of the next decade. The post Cost parity by 'early 2020s' will be electric vehicle tipping point appeared first on MINING.com. […]

  • Nickel rally fades, electric vehicle buzz doesn't
    by Reuters on 12th February 2019 at 6:37 pm

    Was it another false dawn for the nickel market? The post Nickel rally fades, electric vehicle buzz doesn't appeared first on MINING.com. […]

  • Minerals Council of Australia calls for tax, workplace law reform
    by Valentina Ruiz Leotaud on 10th February 2019 at 8:46 pm

    According to the industry group, such reform would encourage additional investment in capital and technology. The post Minerals Council of Australia calls for tax, workplace law reform appeared first on MINING.com. […]

Gold News

  • IBM steps up efforts to help miners improve health and safety records
    by Cecilia Jamasmie on 16th February 2019 at 3:25 pm

    The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure. The post IBM steps up efforts to help miners improve health and safety records […]

  • Kinross stock rallies after reporting record production at Paracatu and Bald Mountain
    by Northern Miner Staff on 15th February 2019 at 9:39 pm

    Operating cash flow reached $790 million in 2018, and cash and equivalents of $349 million, $1.9 billion in liquidity, and no debt maturities until 2021. The post Kinross stock rallies after reporting record production at Paracatu and Bald Mountain appeared first on MINING.com. […]

  • Gold-stock mega-mergers bad
    by Adam Hamilton - Zeal Intelligence on 15th February 2019 at 7:57 pm

    Combining major gold miners already struggling with slowing production doesn’t solve the problem, but only masks it for a single year. The post Gold-stock mega-mergers bad appeared first on MINING.com. […]

  • India, Japan demand falls; holiday hangover dulls trade elsewhere
    by Reuters on 15th February 2019 at 5:53 pm

    Until there is a solution to what is happening globally with Brexit and trade talks, we might see no clear direction. The post India, Japan demand falls; holiday hangover dulls trade elsewhere appeared first on MINING.com. […]

  • Zimbabwe set to retrieve trapped illegal miners, more casualties expected
    by Reuters on 15th February 2019 at 5:16 pm

    The miners were trapped on Tuesday night when the shafts they were working in were flooded after a nearby dam burst. The post Zimbabwe set to retrieve trapped illegal miners, more casualties expected appeared first on MINING.com. […]

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Asia Strategic Mining Corporation (ASMC) is a boutique mining and energy company based in Singapore. We provide customised solutions to your mining challenges.

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APT
© 2018 ASMC | All Rights Reserved

COAL

Coal remains the cheapest and most reliable source of energy. Its abundance and low cost to operate makes it a sustainable energy source.

YEAR

2035

Indonesia will become the largest
exporter of thermal coal globally.

Growing demand in 10 ASEAN countries. 49% of their power will come from coal by 2035.
TWICE the global average.

Southeast Asian coal demand is set to triple in the next 25 years*.

* Source according to IEA

East Kalimantan produces 2/3 of Indonesia coal output
Plans to develop its generation capacity as domestic consumption increase.

WHAT IS NICKEL

Nickel is silvery white and takes on a high polish. It is hard, malleable, ductile, somewhat ferromagnetic, and a fair conductor of heat and electricity.

EXPLORATION

ASMC has an experienced team of explorers comprising of three nationalities, who under expert guidance are working on projects throughout ASEAN. Current exploration efforts are focussed on West Java, Sulawesi, Kalimantan and Sumatra in Indonesia; looking at high quality coal, gold and base metals prospects; Mindanao, Mindoro and Luzon in Philippines; Malaysia.

We are also evaluating other projects throughout South East Asia on an ad hoc basis.

ASEAN Countries

Technical Details

Our exploration focus is on precious metals foremost but we will evaluate other commodities based on project quality measured against current and long-term market status. ASMC is open to negotiate various scenarios from take-over, Joint Venture to exploring and developing for fee or earn-in.

MAMUJU

The license is in the final stages of resource and reserve evaluation and production planning, an exploration program aimed to expand the already 1,087 ha manganese license is ongoing. Exploration for high CV coal as well as Gold is ongoing on several other licences.

Mamuju Regency, Indonesia

Technical Details

Two licence blocks of 1097 ha and 2291 ha respectively are under exploration for multiple commodities.
We are also supporting local communities with small gold licences doing resource evaluation and designing best practice glean-gold operations.

KENDARI

Kendari is a PT Sambas ASMC Global nickel laterite project awarded export rights on the 31st of October 2017. The project has a license to export 2.97-million MT of nickel-laterite ore per year. The mine license of 1,008 ha has an ongoing mining and mine expansion program throughout the license. The Kendari project also includes the constructing of a Ferro-nickel smelter of which the first line of 10 is expected to be operational in the first quarter of 2019.

Southeast Sulawesi, Indonesian Province

Technical Details

Mine Owner: PT. Sambas Minerals Mining
IUP OP Number: 745 Tahun 2010
IUP OP Validity: 2020 (Renewable)
IUP OP Area: 1008 hectares
Location: Kendari
Mine Coordinates: 4°23’41.41”S 122°21’45.09”E
Concentration Ni: 1.3% < Ni < 1.7%
Hauling Distance: 8 km
Inventory Inferred Resources: 14.275.000 Ton
Inventory Indicated Resources: 13.500.000 Ton
Inventory Measured Resources: 117.394.000 Ton
Distance between jetty and
stockpile area:
700 metres
Jetty to anchorage: 3.32 km
Barge Capacity: 4 x 300ft barge
Jetty Name: PT. Sambas
Loading Rate: 5 Ships per month
Loading Capacity: 500 – 600 MT/hours

BERAU JAYA PERKASA

The Tarakan Basin is the main coal-bearing basin in East Kalimantan, with the Berau Sub-basin, as its main coal-bearing basin.

BERAU JAYA PERKASA is a coal mining licence in which ASMC is a joint venture partner. The mine license of 1,368 ha, is located on the western flank of the Berau Sub Basin. In addition to the coal seam being more than 10m thick, it is a low-ash coal containing extremely low levels of sulphur, ensuring a clean product with minimal environmental impacts. The licence is in the final stages of resource and reserve estimation and mine infrastructure planning, with production estimated to begin H2, 2018.

East Kalimantan, Indonesia

Technical Details

Mine Owner: PT. BERAU JAYA PERKASA
IUP OP Number: 503/947/IUP-OP/DPMPTSP/VI/2017
IUP OP Validity: 17 February 2027
IUP OP Area: 1,368 Ha
Location: Gunung Sari Village, Segah Sub-district, Berau district. East Kalimantan Province
Mine Coordinates: 2°22’19.5″N 117°14’04.2″E
GCV: 5658 – 5872 kcal/kg adb
Distance: 137 km
Mineable Deposit: 3.7 million MT
Reserve Deposit: 40 million MT
Distance between jetty and stockpile area: 11 km
Barge capacity: 270 feet
Jetty Name: PT Berau Jaya Perkasa
Loading Rate: 1000 Ton/Hour

Why Asia

The 10 booming economies of Southeast Asia are rapidly emerging as energy-consuming giants. However as indigenous fuel production dwindles and competition for resources mounts, they all face a number of energy uncertainties.

Consensus is that the focus of world energy demand has shifted away from the U.S. and Europe to Asia, driven by the soaring economies of the 10 countries that make up the Association of Southeast Asian Nations (ASEAN), along with China and India.

  • Coal giant, Indonesia – not the biggest producer but it is the largest exporter of thermal coal globally – to almost double output by 2035.
  • East Kalimantan produces two thirds of Indonesia coal output
  • Indonesia produces 44% of its electricity from coal
  • Indonesia is developing significant plans to expand its generation capacity and much of this will be based on its extensive domestic coal resources.
  • The five largest coal importers are all Asian – Japan, China, S Korea, India & Taiwan.
  • The IEA predicts that Australia will surpass Indonesia as the world’s largest thermal coal exporter again by 2020, regaining a position it gave up in 2006.
  • Malaysia buys 68%of its coal for electricity generation from Indonesia and 17% from Australia
  • With some 70 gigawatts of new coal-fired power stations to be opened across Asia in the next five years, requiring another 150 million to 180 million tonnes of coal a year the region is set for a supply crunch!

South-east Asian coal demand is set to triple in the next 25 years.

  • Coal will replace natural gas as the dominant fuel for producing electricity in Southeast Asia as the region almost doubles its energy consumption in the next two decades, according to the IEA.
  • The 10 members of ASEAN, with energy demand growing at more than twice the global average, will get 49% of their power from coal by 2035, up from 31% in 2011.

There’s a big push to boost coal in the energy sector instead of natural gas across Southeast Asia.

  • lack of gas resources
  • coal-fired power offers the cheapest and most reliable alternative to all other energy sources
  • cost to run coal is still relatively lower than other resources
  • Fukushima nuclear disaster of 2011 made countries rethink the nuclear alternative, some have dropped their nuclear power concepts

South-east Asia’s embrace of coal comes with a geopolitical twist – As Western financial institutions such as the World Bank and European and American development banks walk away from funding coal, the IEA predicts that Chinese-led institutions such as the recently formed Asian Infrastructure Investment Bank will step into the breach to help south-east Asia meet the higher cost of low-emission coal technology.

On their own, China, India, Indonesia and Vietnam account for three-quarters of new coal-fired power plants expected to be built around the world in the next five years. In India alone, about 300 million people live without access to electricity.

FUTURE OF NICKEL

The future for electric vehicles is real and trending. Policies are being developed to push New Energy Vehicles (NEV) adoption to over 10% share in new vehicles sales by 2020.

Usage of nickel

Nickel plays a crucial role in some of our key technologies.

Ferry Indra

Ferry is one of ASMC’s most critical “on the ground” managers. He graduated from Gadjah Mada University with a Masters of Business Administration, and has always had a talent for developing streamlined, flexible organizational systems. His ability to rectify and refine organizational processes has served several companies well, and he excelled in his last appointment as Regional Manager at PT. Anugrah Karunia Alam before joining ASMC Indonesia.

Previously, he also distinguished himself with stints at HSBC Indonesia, and at Standard Chartered Bank in Jarkarta.

Ferry’s tenacity is an example to his subordinates and peers being one of ASMC’s most tireless front line workers. He is often the first to be consulted for solutions on daily operational needs.

JEFFREY SIM

Asia Strategic Mining Corporation Pte Ltd
PT SAMBAS ASMC GLOBAL
Business Development Manager

Jeffrey is a Business Development Manager with Asia Strategic Mining Corporation Pte Ltd

Expertise and Experience:

Jeffrey is a highly driven professional with substantial experience in all aspect of mining investment, sales/marketing/business development for coal, mineral and precious metal. Graduated in building construction, with keen interests, he moved into the mining industry and worked with a major Indonesian coal miner, top commodity trading houses developing sales to a wide range of customers such as cement, power generation, textile, stockpile port terminal and other industrial factories in China, India and within South East Asia. His entrepreneurial and commercially astute skills are a substantial asset to serving our international customers with different cultural background.

Core Competencies:

  • Experience in coal industry.
  • Good knowledge of contact terms (Commercial terms/Credit terms/Inco terms/Shipping terms/Legal clauses).
  • Draft / review sales contract and coordinate trade finance documentations.
  • Coordinate with operation department on loading/shipment matters.
  • Analyzing/editing/checking and comparison/amending contracts.
  • Taking responsibility for accuracy of contracts and filing.
  • Hedge and Swap Coal Seminar by SGX, Indonesia, 2012.
  • Sucofindo Draft Surveying Course, Indonesia, 2009.

Other Directorships and Offices (current and recent):

  • Head of Business Development at PT KTC Coal Mining & Energy Indonesia – Coal Origination/Trading/Mine Investment (from 2014 to 2017).
  • Jakarta Chief Representative at Sara Minerco Pte Ltd Indoneisa – Coal/Mineral Trading/Mine Investment (from 2011 to 2013).
  • Marketing Director at PT Rudhra Global Energy Indonesia – Coal/Mineral Trading (from 2009 to 2011).
  • Marketing Manager at Brooklyn Enetrprise Pte Ltd (Baramulti Group Indonesia) – Sales/business development of coal production and third party coal (from 2007 to 2010).

Board Committee memberships:

  • Member of the Risk and Audit Committee

DR. WILLEM JACOBUS SMUTS PR.SCI.NAT.

Asia Strategic Mining Corporation Pte Ltd
Chief Geologist
Director of Mining

Dr Willem has been a Mining Director of Asia Strategic Mining Corporation since May 2016.

Expertise and Experience:

Dr Willem Smuts is a geologist with a master’s degree in sedimentology from the University of Port Elizabeth and a PhD from Pretoria University. He is a registered professional earth scientist and has authored and co-authored over 79 scientific and technical papers. Also, he is recognised as a Qualified Person pursuant to NI 43-101 and a Competent Person under the JORC and SAMREC codes respectively.

Willem has 30 years of technical and management experience in the fields of research, exploration, mining and consulting. During that period he was a director of several private companies and CEO and President of a Canadian listed junior miner. He has edited several leading mining magazines, independently consults on coal, diamond, gold and base metals exploration and has been delivering hands-on mining courses and workshops for mining and financial companies and individuals around the globe.

Core Competencies:

  • Resource Management,
  • Operations Management,
  • Exploration project design & execution,
  • Coal bed Methane Assessment,
  • Rural Development,
  • Tertiary Teaching,
  • Investor Relations,
  • Permaculture design,
  • Environmental Remediation,
  • Editing and publishing.
  • Experience in diamonds, coal, gold, iron ore, base metals.

Accomplishments:

  • Nomination for Pica Columnist of the Year (2010. MPASA)
  • Member of SEG, AAPG

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