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Tuesday, 05 February 13
CHALLENGER DEEP RESOURCES CORP HAS ENTERED INTO AN EXCLUSIVE MINING AND MARKETING AGREEMENT WITH KEM
.jpg) COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, PT Bestindo Energy, has entered into an Exclusivity Agreement relating to the right to mine and market coal from the KEM coal project in Central Kalimantan, Indonesia.
According to company’s press release, the Exclusivity Agreement with CV Kara Elmas Madenleri ("KEM") gives Challenger the exclusive right, for a period of sixty days, to conduct due diligence on the KEM coal project and to enter into a Mining Operation - Production Agreement for the project. Once Challenger Deep Resources Corp entered in to the Mining Operation - Production Agreement, then it will be benefited of full control of all coal production and marketing within the KEM project area.
KEM owns 100% of the KEM Coal Project in the Murah Teweh district of Central Kalimantan. The KEM Project is located just 12 kilometers east of the Barito River, the main river which transport coal to nearest anchorage position in South Kalimantan.
The KEM Project covers 335ha with an IUP OP license in place. KEM is a multi-seam high-quality thermal coal project with existing infrastructure in place to enable an early start to production. Infrastructure in place includes a 12km haul road and loading jetty, the report further said.
"This is a very important development for Challenger", states Ranjeet Sunder, President and CEO of Challenger. "The KEM Project gives us the potential to generate near-term cash flow which will provide funding for our Tabang Project development and will enable us to capitalize on other high-quality opportunities, while minimizing dilution to our shareholders during these difficult capital markets. We view this project as having very low risk and relatively low capital requirements which are both key elements in our Indonesian coal strategy", the press release says.
About Challenger
Challenger Deep Resources Corp. is an exploration company focused on the Asian coal industry. Challenger's business plan is to acquire, explore and to bring its viable coal projects into production. Challenger has an experienced Indonesian exploration and mining team with offices in Calgary, Singapore and Jakarta.
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Thursday, 31 January 13
DRY BULK RATES ON A FALLING PATTERN DUE TO ADVERSE WEATHER CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The seasonal factor has emerged as the latest catalyst in determining the course of the dry bulk market, as the floods in eastern Australia, the big ...
Thursday, 31 January 13
NEWCASTLE PORT SHIPPED 2.70 MMT OF COAL W/E 28 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 2,703,921 MT of thermal and coking coal for week ended 0700 hours 28 January 2013, Newca ...
Thursday, 31 January 13
MMTC TO IMPORT 2.68 MMT OF COAL FOR ARAVALI POWER CORPORATION LTD
COALspot.com: The tender floated by MMTC on behalf of Aravali Power Corporation Ltd, a Joint venture between NTPC and State of Haryana for supply of ...
Wednesday, 30 January 13
TNPL TO SECURE 300K MT OF IMPORTED COAL SUPPLIES AT US$ 75.95 PMT FOR MARCH - AUGUST 2013 DELIVERY
COALspot.com – Chennai based Coastal Energy Private Limited (C&O Group of companies) offered lowest price of US$ 75.95 per met ...
Monday, 28 January 13
BAYAN RESOURCES TO SELL 18 MILLION TONS OF COAL TO GNPOWER MARIVELES COAL PLANT
Publicly-listed PT Bayan Resources announced on Friday that it had signed an agreement on coal sales with Philippine-based GNPower Mariveles Coal Pl ...
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- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- The University of Queensland
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Marubeni Corporation - India
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- ICICI Bank Limited - India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
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