We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
 According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 million tonnes and a JORC Mining Resource of 2.730 billion tonnes.
In accordance with the new Indonesian Mining Law, Churchill has completed the initial stage of its Indonesian restructuring and has converted its 75% beneficial interest in the Ridlatama Tambang license area into a direct equity interest.
The Ridlatama Tambang license area is the larger of the two IUP licenses that make up the East Kutai Coal Project, with a resource of 2.545 billion tonnes, or 93.2% of the 2.730 billion tonne resource of the East Kutai Coal Project. Churchill has also converted to a 75% direct ownership in PT Ridlatama Trade Powerindo, which holds a prospective 5,386 hectare license area adjacent to the Ridlatama Tambang license area, on which no drilling has been done to date.
Churchill Mining Plc and its Indonesian partners the Ridlatama Group intend to increase the project coal production rate by up to 10mtpa to 35mtpa. Coal production from the Northern Pit would increase from 20mtpa to 25-30mtpa and production from the Southern Pit would remain at 5mtpa.
Churchill’s feasibility and development work has identified that planned mine facilities at the Northern Pit have the capacity to support a mining production rate of 40-45mtpa. In this context, Churchill has executed project optimization studies which show that the overland conveyor, which will transport the coal from the Northern Pit, has an enhanced capacity of 25-30mtpa, an increase of 5-10mtpa.
In addition to the Northern Pit production, and further to the MOU signed with PT. Perusahaan Listrik Negara (PLN), the Indonesian state electricity firm, in April 2010, Churchill continues to work on plans for the purchase of 5mtpa of coal from the Southern Pit, which would fulfill Churchill’s Indonesian Domestic Market Obligation (“DMO”). PLN is now reviewing the potential to utilize its coal drying and enhancement technology on the project’s coal, which, in testing, upgraded the coal from subbituminous to bituminous, considerably increasing its value.
Churchill also continues to work closely with its strategic adviser, Credit Suisse, in reviewing development options for the project. The optimized feasibility study will form the platform for Credit Suisse’s work as it evaluates Churchill’s options for the project. Churchill’s CEO, Paul Mazak, commented: “We are delighted with the results of the optimization work performed thus far on this world-class thermal coal project. Our plans to increase production and coal sales by 50% are now being incorporated into the feasibility study and economics. We believe that the significant increase in the production profile will generate considerable additional economic value and further increase the attractiveness of the project for power project developers in Asia.”
Source: Churchill Mining
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 20 July 10
DRY BULK SHIPPING MARKET FINDING SOME SUPPORT, AS OWNERS TAKE CAPE SIZES OFF THE MARKET
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long r ...
Monday, 19 July 10
INDONESIA EXPORTS 24.49 MILLION TONNES OF COAL IN JUNE 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 141.249 million tons of coal in the first half of this year. In June 2010, Indone ...
Monday, 19 July 10
CHINA ONCE AGAIN DOMINATING SHIPPING FREIGHT RATES, WHILE OVERSUPPLY OF TONNAGE RAISES CONCERN
The ending of the week brought a cheerful note among dry bulk ship owners, as the sinking benchmark of the industry, the Baltic Dry Index (BDI) fina ...
Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter ra ...
Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
|
|
|
Showing 5716 to 5720 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Lanco Infratech Ltd - India
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
|
| |
| |
|
