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

Thursday, 22 March 12
DRY BULK MARKET KEEPS SURGING, CAPESIZES FALLING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what seems to be an establishing pattern, the dry bulk market has kept its upward momentum, edging closer to the 900 point-mark, but the larger s ...


Wednesday, 21 March 12
BUMA HAS PRODUCED 2.3 MILLION TONS OF COAL IN FEBRUARY 2012
COALspot.com - PT. Delta Dunia Makmur's overburden removal in February 2012 has reached totaled 23.8 million bcm (+2.4% YoY) while coal production ...


Tuesday, 20 March 12
SMALLER DRY BULK VESSELS STILL LEADING DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been growing during the past couple of weeks, but contrary to the usual practice, it’s not the larger Capesizes which ...


Monday, 19 March 12
WEEKLY DRY MARKET OVERVIEW: SMALLER VESSELS LEAD RATES HIGHER - MARIA BERTZELETOU, HELLENIC SHIPPING
The upward trend of the Baltic Dry Index persists strong from the end of February, spurred from the supramax market that offsets the weakness in the ...


Sunday, 18 March 12
BUKIT ASAM'S NET PROFIT IN 2011 ROSE 54% TO US$ 339.56 MILLION
COALspot.com - Company revenue for the period January - December 2011 amounting to Rp 10.6 trillion (approximately US$ 1,164,835,164.84) recorded an ...


   958 959 960 961 962   
Showing 4796 to 4800 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 ...

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