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, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...


Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...


Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...


Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves. T ...


Monday, 15 March 10
CIL BOARD CLEARS 10 PROPOSALS FOR STRATEGIC PARTNERSHIP OR JVS
Economic Times reported that, Towards achieving a global footprint, state-owned Coal India (CIL) is eyeing strategic partnership or joint ventures w ...


   1186 1187 1188 1189 1190   
Showing 5936 to 5940 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 ...

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