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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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Tuesday, 11 June 13
COAL: NO SIGN OF RECOVERY - GABRIELLA
COALspot.com: We attended the 19th Annual Coaltrans Asia Conference, where we found most of the speakers were not very optimistic on the outlook for ...
Tuesday, 11 June 13
NEWCASTLE PORT SHIPPED MORE COAL WEEK ENDED 11 JUNE 2013
COALspot.com - Newcastle port in Australia has loaded 3,104,509 tons of coal for the week ended 0700 hours 11 June 2013, Newcastle Port Corp. ...
Tuesday, 11 June 13
OUTLOOK FOR CAPESIZES LOOKS GRIM, DESPITE FALLING IRON ORE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Things aren't looking all that rosy for the dry bulk market, despite a stronger volume of iron ore imports during the months of March and April, as ...
Sunday, 09 June 13
CFR SOUTH CHINA COAL SWAP IS UNDER PRESSURE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have lost 0.03 percent week on week but gained 0.07 pe ...
Sunday, 09 June 13
IRON ORE DEMAND: WEAK; COAL MOVEMENT: STEADY TO INDIA AND CHINA - CAPT. REDDY
COALspot.com - The freight market was fairly steady with BDI up by 0.37 per cent closed at 812 points this week.
The Cape index was also ended in ...
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- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
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- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
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- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
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- Tamil Nadu electricity Board
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- PTC India Limited - India
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- Jorong Barutama Greston.PT - Indonesia
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- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- New Zealand Coal & Carbon
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- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Australian Coal Association
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
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