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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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Thursday, 27 June 13
US COAL EXPORTS BEATS CHINESE COAL IMPORTS AS THE MOST INFLUENTIAL COAL TRADE - BIMCO
The influence of American coal exports on seaborne transportation has grown significantly over the past decade. In 2002, the US exported 20.1 millio ...
Thursday, 27 June 13
HANDY : USD 12000 FOR SPOT COAL INDO/CHINA AND AROUND USD 13000 INDO/ECI - FEARNLEYS
Handy
Atlantic rates hold well. Continent to Far East is worth more than USD 14k daily whilst USG to Far East pay 23/24k a day. On the route from B ...
Thursday, 27 June 13
DRY BULK CARRIERS DOMINATE NEWBUILDING ORDERS AS SHIP OWNERS ARE ENCOURAGED BY LATEST FREIGHT RATE RALLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding orders for dry bulk carriers were already high, compared to last year, prior to the latest rally of the Baltic Dry Index (BDI), which ha ...
Tuesday, 25 June 13
CAPESIZE MARKET TO REMAIN BULLISH SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been experiencing its long-awaited rally, with the Baltic Dry Index, the industry's benchmark rising to healthier levels fo ...
Tuesday, 25 June 13
NEWCASTLE PORT SHIPPED OUT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 3,101,378 tons of coal for the week ended 0700 hours 24 June 2013, Newcastle Port Corp. ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- White Energy Company Limited
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
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