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
Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT


According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 million tonnes and a JORC Mining Resource of 2.730 billion tonnes. 

In accordance with the new Indonesian Mining Law, Churchill has completed the initial stage of its Indonesian restructuring and has converted its 75% beneficial interest in the Ridlatama Tambang license area into a direct equity interest. 

The Ridlatama Tambang license area is the larger of the two IUP licenses that make up the East Kutai Coal Project, with a resource of 2.545 billion tonnes, or 93.2% of the 2.730 billion tonne resource of the East Kutai Coal Project. Churchill has also converted to a 75% direct ownership in PT Ridlatama Trade Powerindo, which holds a prospective 5,386 hectare license area adjacent to the Ridlatama Tambang license area, on which no drilling has been done to date.

Churchill Mining Plc and its Indonesian partners the Ridlatama Group intend to increase the project coal production rate by up to 10mtpa to 35mtpa. Coal production from the Northern Pit would increase from 20mtpa to 25-30mtpa and production from the Southern Pit would remain at 5mtpa.

Churchill’s feasibility and development work has identified that planned mine facilities at the Northern Pit have the capacity to support a mining production rate of 40-45mtpa. In this context, Churchill has executed project optimization studies which show that the overland conveyor, which will transport the coal from the Northern Pit, has an enhanced capacity of 25-30mtpa, an increase of 5-10mtpa.

In addition to the Northern Pit production, and further to the MOU signed with PT. Perusahaan Listrik Negara (PLN), the Indonesian state electricity firm, in April 2010, Churchill continues to work on plans for the purchase of 5mtpa of coal from the Southern Pit, which would fulfill Churchill’s Indonesian Domestic Market Obligation (“DMO”). PLN is now reviewing the potential to utilize its coal drying and enhancement technology on the project’s coal, which, in testing, upgraded the coal from subbituminous to bituminous, considerably increasing its value. 

Churchill also continues to work closely with its strategic adviser, Credit Suisse, in reviewing development options for the project.   The optimized feasibility study will form the platform for Credit Suisse’s work as it evaluates Churchill’s options for the project.   Churchill’s CEO, Paul Mazak, commented:  “We are delighted with the results of the optimization work performed thus far on this world-class thermal coal project. Our plans to increase production and coal sales by 50% are now being incorporated into the feasibility study and economics.  We believe that the significant increase in the production profile will generate considerable additional economic value and further increase the attractiveness of the project for power project developers in Asia.” 
Source: Churchill Mining



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...


Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...


Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...


Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today. According to our market sources, Coas ...


Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...


   1117 1118 1119 1120 1121   
Showing 5591 to 5595 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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