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Thursday, 04 July 13
CHALLENGER SIGNS FORMAL EXCLUSIVE MINING AND MARKETING AGREEMENT FOR ABBR PROJECT IN CENTRAL KALIMANTAN
COALspot.com - Challenger Deep Resources Corp., through its subsidiary PT Bestindo Energy has signed the formal exclusive Mining and Marketing agreement for the ABBR Project in Central Kalimantan, Indonesia with an initial term expiring in 2020 with an option to extend beyond that date, the company said in its press release.
The ABBR licence lies adjacent to Challenger’s KEM license where drilling activity is taking place on the initial areas scheduled for production. According to company, Challenger’s due diligence field work on the ABBR Project has confirmed the presence of at least 16 seams which are the strike continuity to the east of seams exposed in the KEM license area.
Due diligence test pitting and outcrop sampling have confirmed coal quality ranging from gross calorific value 6,022 to 6,330 on GAR basis. Average total moisture of coal is around 12.54 per cent, Ash around 3.60 per cent on ADB basis and Sulphur 0.73 per cent on adb basis.
Width of seams (Outcrop) discovered to date vary from 20 cm to 2 m. Drilling is to commence immediately on the extension of seams currently being drilled on the KEM license area. These seams are projected to strike for a distance of 1.8 km through ABBR license area.
Ranjeet Sundher, President of Challenger commented, “The signing of the ABBR project is an integral part of the overall Barito Project for Challenger. With the mining licenses and infrastructure in place, combined with the high quality of coal, we believe we can build a profitable coal production company that is sustainable and highly scaleable.”
About Challenger
Challenger Deep Resources Corp. is an exploration company focused on the Indonesian 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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Sunday, 07 July 13
COAL PRICES REMAIN UNDER PRESSURE
COALspot.com – Coal swaps for the year 2014 indicate that, the pressure on coal prices will continue at least until next year. Ave ...
Friday, 05 July 13
THE DRY BULK MARKET IS GOING FROM STRENGTH TO STRENGTH - INTERMODAL
The Capesize sector has been one that has gone through a wild rollercoaster of emotions this past decade, ranging from the exuberance witnessed duri ...
Thursday, 04 July 13
ASX LISTED QBL TO ACQUIRE INTERESTS IN MOZAMBIQUE COAL EXPLORATION LICENSES
- QBL to acquire interests in two Mozambique exploration licences prospective for coal
- Licenses located in the highly prospective Zambezi basin, ...
Thursday, 04 July 13
HANDY : INDO/CHINA, CHARTERERS RATING AROUND US$ 10,000 - FEARNLEYS AS
Handy
The Feast market firmed slightly up as mid-July cargos entered the market, but charterers seems not in hurry to cover them and looking for ch ...
Wednesday, 03 July 13
NEWCASTLE COAL EXPORTS DIP 24.79 PER CENT WOW
COALspot.com - Newcastle Coal exports fell 24.79% to 2.33 million tons WoW.
Newcastle port in Australia has loaded 2,332,513 tons of coal for the ...
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- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- MS Steel International - UAE
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- White Energy Company Limited
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
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