COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA


Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected the appeal by Churchill/Ridlatama, according to a statement posted on company's website.

The statement further said,
1. The notations only provide an indication as to what the Supreme Court's decision will be and are not the same as the Supreme Court handing down its decision.
2. Until the Supreme Court hands down its decision there is no binding and enforceable judgment. The 'handing down' is when the Supreme Court provides its written judgment. The Company does not know when this will happen.

The appeal was launched to overturn the decision by the Administrative Tribunal in Samarinda, East Kalimantan in relation to the revocation of the four mining licenses that comprise the East Kutai Coal Project  (Churchill 75% interest).

Churchill Mining’s Chairman, David Quinlivan commented, “It’s disappointing to see this notation on the case register. We are determined to continue to seek a legitimate remedy for our shareholders and protect our rights as a foreign investor in Indonesia.”

When further information is available, the Company will provide an update on the Supreme Court's decision and, as appropriate, its steps in relation to the Civil Review of that decision, the statement further said.

International Arbitration under the United Kingdom - Indonesia Bilateral Investment Treaty
Churchill will now look to accelerate the filing of its claim at the International Centre for Settlement of Investment Disputes in Washington D.C. against the Republic of Indonesia. The Company has not received any response to its formal letter sent 22 November, 2011 to the Republic of Indonesia seeking an amicable and commercial resolution.

The letter highlighted that following a significant investment in exploration, Churchill identified a world class thermal coal deposit in East Kalimantan, only to be subjected to a sustained campaign designed to expropriate Churchill’s legitimate rights to develop this deposit.

The Company will now move its attention to preparing and filing a claim against the Republic of Indonesia for direct breaches of Indonesia’s investment laws and Indonesia’s obligations under international investment treaties.

The Company’s solicitors are already well advanced in the claim preparation and expect to file the Request for Arbitration shortly.
Source:Churchill Mining



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 11 April 12
TWO PERCENT OF IBP CONCESSION CONTAINS 42 MMT OF COAL
COALspot.com - 42.35 million ton of coal found in just 2% of  PT Insani Bara Perkasa’s total concession area of 24,477 hectare. Accord ...


Wednesday, 11 April 12
DRY BULK MARKET STILL SUBDUED, RECOVERY NOT YET SEEN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market entered the new week after the past days of easter holidays in western countries in a subdued mood. The industry’s benchma ...


Monday, 09 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first week of April ended with the Baltic Dry Index falling below 950 points, before Catholic Easter, and capesizes showing a modest upturn with ...


Sunday, 08 April 12
CHARTER RATES COULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI was almost at same levels closing slightly lower by 0.64 pct at 928 points. The Cape index was up by 6.73 pct closing at ...


Friday, 06 April 12
INDONESIAN HBA FALL TO LOWEST LEVEL SINCE JANUARY 2011
COALspot.com -  Indonesian HBA fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in April fal ...


   953 954 955 956 957   
Showing 4771 to 4775 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Miang Besar Coal Terminal - Indonesia
  • ETA - Dubai
  • Electricity Authority, New Zealand
  • Sucofindo - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Indika Energy - Indonesia
  • RBS Sempra - UK
  • Parry Sugars Refinery, India
  • Manunggal Multi Energi - Indonesia
  • Gresik Semen - Indonesia
  • SASOL - South Africa
  • Bahari Cakrawala Sebuku - Indonesia
  • Medco Energi Mining Internasional
  • SGS (Thailand) Limited
  • Samtan Co., Ltd - South Korea
  • Lanco Infratech Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Carbofer General Trading SA - India
  • Siam City Cement PLC, Thailand
  • Neyveli Lignite Corporation Ltd, - India
  • India Bulls Power Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Asian Development Bank
  • Gupta Coal India Ltd
  • Mitra SK Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • Makarim & Taira - Indonesia
  • Jatenergy - Australia
  • Tata Chemicals Ltd - India
  • Uttam Galva Steels Limited - India
  • Shree Cement - India
  • Toyota Tsusho Corporation, Japan
  • Australian Coal Association
  • APGENCO India
  • Sree Jayajothi Cements Limited - India
  • BNP Paribas - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Energy Link Ltd, New Zealand
  • SMG Consultants - Indonesia
  • Renaissance Capital - South Africa
  • BRS Brokers - Singapore
  • SMC Global Power, Philippines
  • Clarksons - UK
  • IHS Mccloskey Coal Group - USA
  • Therma Luzon, Inc, Philippines
  • Dalmia Cement Bharat India
  • Platts
  • WorleyParsons
  • Platou - Singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Vijayanagar Sugar Pvt Ltd - India
  • Ministry of Finance - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Baramulti Group, Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Orica Australia Pty. Ltd.
  • Mitsubishi Corporation
  • Thiess Contractors Indonesia
  • Cement Manufacturers Association - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • New Zealand Coal & Carbon
  • Wilmar Investment Holdings
  • Enel Italy
  • Deloitte Consulting - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Coal and Oil Company - UAE
  • South Luzon Thermal Energy Corporation
  • Arch Coal - USA
  • Bank of China, Malaysia
  • GNFC Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Shenhua Group - China
  • Riau Bara Harum - Indonesia
  • Larsen & Toubro Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Edison Trading Spa - Italy
  • The India Cements Ltd
  • Binh Thuan Hamico - Vietnam
  • Vitol - Bahrain
  • Idemitsu - Japan
  • Xindia Steels Limited - India
  • Iligan Light & Power Inc, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Bulk Trading Sa - Switzerland
  • Bhatia International Limited - India
  • Runge Indonesia
  • TNPL - India
  • Anglo American - United Kingdom
  • Marubeni Corporation - India
  • Gujarat Electricity Regulatory Commission - India
  • Kepco SPC Power Corporation, Philippines
  • Eastern Coal Council - USA
  • Sical Logistics Limited - India
  • PLN - Indonesia
  • Cardiff University - UK
  • TNB Fuel Sdn Bhd - Malaysia
  • Bayan Resources Tbk. - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Coeclerici Indonesia
  • Borneo Indobara - Indonesia
  • Heidelberg Cement - Germany
  • Aboitiz Power Corporation - Philippines
  • Metalloyd Limited - United Kingdom
  • Kaltim Prima Coal - Indonesia
  • UOB Asia (HK) Ltd
  • GB Group - China
  • Thai Mozambique Logistica
  • Ambuja Cements Ltd - India
  • TANGEDCO India
  • Maybank - Singapore
  • Argus Media - Singapore
  • Kobe Steel Ltd - Japan
  • EMO - The Netherlands
  • Siam City Cement - Thailand
  • Bangkok Bank PCL
  • Mechel - Russia
  • Krishnapatnam Port Company Ltd. - India
  • McKinsey & Co - India
  • Energy Development Corp, Philippines
  • Central Java Power - Indonesia
  • TeaM Sual Corporation - Philippines
  • ANZ Bank - Australia
  • Merrill Lynch Bank
  • Minerals Council of Australia
  • VISA Power Limited - India
  • IEA Clean Coal Centre - UK
  • Alfred C Toepfer International GmbH - Germany
  • EIA - United States
  • Vizag Seaport Private Limited - India
  • Merrill Lynch Commodities Europe
  • Ceylon Electricity Board - Sri Lanka
  • PTC India Limited - India
  • Tamil Nadu electricity Board
  • Timah Investasi Mineral - Indoneisa
  • Oldendorff Carriers - Singapore
  • Latin American Coal - Colombia
  • London Commodity Brokers - England
  • Straits Asia Resources Limited - Singapore
  • Cemex - Philippines
  • Mjunction Services Limited - India
  • Sojitz Corporation - Japan
  • Simpson Spence & Young - Indonesia
  • Agrawal Coal Company - India
  • Samsung - South Korea
  • IBC Asia (S) Pte Ltd
  • Maersk Broker
  • Sindya Power Generating Company Private Ltd
  • Holcim Trading Pte Ltd - Singapore
  • Mitsui
  • Bhushan Steel Limited - India
  • Thriveni
  • Mercator Lines Limited - India
  • Petrosea - Indonesia
  • Maruti Cements - India
  • Credit Suisse - India
  • Goldman Sachs - Singapore
  • Russian Coal LLC
  • Videocon Industries ltd - India
  • Aditya Birla Group - India
  • Wood Mackenzie - Singapore
  • Meenaskhi Energy Private Limited - India
  • Reliance Power - India
  • Indian Energy Exchange, India
  • Price Waterhouse Coopers - Russia
  • TGV SRAAC LIMITED, India
  • Kohat Cement Company Ltd. - Pakistan
  • Total Coal South Africa
  • Directorate General of MIneral and Coal - Indonesia
  • TRAFIGURA, South Korea
  • Indonesian Coal Mining Association
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • J M Baxi & Co - India
  • Chettinad Cement Corporation Ltd - India
  • ING Bank NV - Singapore
  • Berau Coal - Indonesia
  • CCIC - Indonesia
  • Pinang Coal Indonesia
  • Kobexindo Tractors - Indoneisa
  • U S Energy Resources
  • Posco Energy - South Korea
  • Orica Mining Services - Indonesia
  • CESC Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Grasim Industreis Ltd - India
  • IMC Shipping - Singapore
  • Fearnleys - India
  • Bukit Makmur.PT - Indonesia
  • Jindal Steel & Power Ltd - India
  • Cargill India Pvt Ltd
  • Jaiprakash Power Ventures ltd
  • Thomson Reuters GRC
  • Thailand Anthracite
  • Billiton Holdings Pty Ltd - Australia
  • IOL Indonesia
  • The University of Queensland
  • globalCOAL - UK
  • Bharathi Cement Corporation - India
  • Africa Commodities Group - South Africa
  • Gujarat Sidhee Cement - India
  • San Jose City I Power Corp, Philippines
  • Standard Chartered Bank - UAE
  • PetroVietnam Power Coal Import and Supply Company
  • Coalindo Energy - Indonesia
  • Trasteel International SA, Italy
  • Chamber of Mines of South Africa
  • Commonwealth Bank - Australia
  • Global Green Power PLC Corporation, Philippines
  • Sarangani Energy Corporation, Philippines
  • Parliament of New Zealand
  • KEPCO - South Korea
  • Central Electricity Authority - India
  • OCBC - Singapore
  • Indonesia Power. PT
  • MEC Coal - Indonesia
  • Surastha Cement
  • Bank of America
  • Georgia Ports Authority, United States
  • Star Paper Mills Limited - India
  • Coal Orbis AG
  • Coastal Gujarat Power Limited - India
  • Moodys - Singapore
  • Arutmin Indonesia
  • Port Waratah Coal Services - Australia
  • Indian School of Mines
  • Barasentosa Lestari - Indonesia
  • Salva Resources Pvt Ltd - India
  • Meralco Power Generation, Philippines
  • Bhoruka Overseas - Indonesia
  • Inspectorate - India
  • Essar Steel Hazira Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Global Coal Blending Company Limited - Australia
  • KPCL - India
  • Bangladesh Power Developement Board
  • MS Steel International - UAE
  • Xstrata Coal
  • Peabody Energy - USA
  • ACC Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • ICICI Bank Limited - India
  • Formosa Plastics Group - Taiwan
  • Globalindo Alam Lestari - Indonesia
  • Rio Tinto Coal - Australia
  • Indian Oil Corporation Limited
  • Intertek Mineral Services - Indonesia
  • CNBM International Corporation - China
  • Geoservices-GeoAssay Lab
  • DBS Bank - Singapore
  • NALCO India
  • ASAPP Information Group - India
  • bp singapore
  • GVK Power & Infra Limited - India
  • Semirara Mining Corp, Philippines
  • Ministry of Transport, Egypt
  • JPower - Japan
  • Cosco
  • Humpuss - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Qatrana Cement - Jordan
  • Indorama - Singapore
  • Deutsche Bank - India
  • Savvy Resources Ltd - HongKong
  • World Coal - UK
  • Directorate Of Revenue Intelligence - India
  • Tanito Harum - Indonesia
  • Ministry of Mines - Canada
  • Attock Cement Pakistan Limited
  • PowerSource Philippines DevCo
  • Semirara Mining and Power Corporation, Philippines
  • Britmindo - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Japan Coal Energy Center
  • HSBC - Hong Kong
  • GHCL Limited - India
  • Coaltrans Conferences
  • KOWEPO - South Korea
  • Vale Mozambique
  • Pipit Mutiara Jaya. PT, Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Antam Resourcindo - Indonesia
  • Infraline Energy - India
  • Coal India Limited
  • The State Trading Corporation of India Ltd
  • Indogreen Group - Indonesia
  • Malabar Cements Ltd - India
  • Sakthi Sugars Limited - India
  • Petron Corporation, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Permata Bank - Indonesia
  • NTPC Limited - India
  • JPMorgan - India
  • GAC Shipping (India) Pvt Ltd
  • Maheswari Brothers Coal Limited - India
  • Altura Mining Limited, Indonesia
  • GMR Energy Limited - India
  • KPMG - USA
  • Global Business Power Corporation, Philippines
  • Rudhra Energy - India
  • Mintek Dendrill Indonesia
  • Adaro Indonesia
  • Planning Commission, India
  • Cigading International Bulk Terminal - Indonesia
  • Noble Europe Ltd - UK
  • Interocean Group of Companies - India
  • PNOC Exploration Corporation - Philippines
  • Ind-Barath Power Infra Limited - India
  • LBH Netherlands Bv - Netherlands
  • Electricity Generating Authority of Thailand
  • AsiaOL BioFuels Corp., Philippines
  • Kideco Jaya Agung - Indonesia
  • Panama Canal Authority
  • Malco - India
  • Glencore India Pvt. Ltd
  • Kumho Petrochemical, South Korea
  • Karbindo Abesyapradhi - Indoneisa
  • Mercuria Energy - Indonesia
  • SRK Consulting
  • Ince & co LLP
  • Tata Power - India
  • Indo Tambangraya Megah - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Asmin Koalindo Tuhup - Indonesia
  • Thermax Limited - India
  • Vedanta Resources Plc - India
  • Power Finance Corporation Ltd., India
  • Asia Cement - Taiwan
  • Barclays Capital - USA
  • Inco-Indonesia
  • Madhucon Powers Ltd - India
  • Economic Council, Georgia
  • Banpu Public Company Limited - Thailand
  • CIMB Investment Bank - Malaysia
  • PetroVietnam
  • White Energy Company Limited
  • World Bank
  • SUEK AG - Indonesia
  • The Treasury - Australian Government
  • Core Mineral Indonesia
  • McConnell Dowell - Australia
  • Karaikal Port Pvt Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Adani Power Ltd - India
  • CoalTek, United States
  • PLN Batubara - Indonesia
  • Romanian Commodities Exchange
  • Freeport Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Cebu Energy, Philippines
  • Eastern Energy - Thailand
  • Lafarge - France
  • Independent Power Producers Association of India
  • UBS Singapore
  • Singapore Mercantile Exchange