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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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Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
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- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- GMR Energy Limited - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
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