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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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Saturday, 26 November 11
THE FREIGHT MARKETS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market were down probably with the sentiments of global financial markets and all segments were down.
The BDI was up down by 4 ...
Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...
Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...
Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD ...
Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...
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- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
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- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
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- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- The University of Queensland
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- PTC India Limited - India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- White Energy Company Limited
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
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