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Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
 COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in East Kalimantan. The IUP permit has been granted for an area 2,960 hectares on Challenger’s 100% owned Tabang project.
Challenger is an exploration company from Canada that focused on the Indonesian coal industry. Challenger’s business plan is to acquire, explore, and to bring its viable coal projects into production. Challenger offices’ is Calgary, Singapore, and Jakarta. This company listed on Toronto Stock Exchange.
“We are, of course, very pleased to receive the IUP Permit for this property,” Ranjeet Sundher, President of Challenger says. “One of our key strengths is our ability to identify, acquire, and manage the regulatory process related to our exploration projects,” he added via press release.
The Tabang Project area covers both the Batuayau and Ujoh Bilang geological formations. The typical coal quality of the Ujoh Bilang and Batuayau formations from producing coal mines in the region is CV 5,500-6,000 kcal/kg (ADB) with coal seam thicknesses varying from 0.5-6 meters.
This permit gives the rights to the holder to carry out full coal exploration activities within the concession area for a period of three years until May 13, 2014, which may be extended if required. This permit also gives the rights to obtain coal exploitation license (IUP Operation-Production) if the prospects proved to be economical for commercial production.
On approval of a mine feasibility study, the Challenger will be able to transition the IUP into the exploitation stage under an IUP Operation-Production, with the right to conduct mining production on this property for 20 years, with the potential for two further ten-year extension periods.
Challenger’s work on the Tabang project to date has confirmed the presence of at least seven flat-dipping seams of CVC (adb) 5,500-6,500 kcal/kg coal. All of the coal seams discovered to date are located on the northern half of the property.
Challenger’s exploration team is currently conducting more extensive surface exploration of the southern half of the property. Challenger’s initial reconnaissance drilling program confirmed coal quality and the coal seam orientation and consistency on the Tabang program with 14 shallow holes (25-50 metres) for a total of 521 metres of drilling.
Challenger has now commenced a more extensive exploration drilling program of the previously discovered multiple coal seams upon the issuance of this IUP. Challenger plans to conduct an environmental assessment and a pre-feasibility study later this year as part of the prerequisites for the application to obtain the IUP Operation-Production (coal mining production) license.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...
Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...
Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...
Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...
Thursday, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...
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- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- MS Steel International - UAE
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
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