We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Saturday, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...
Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...
Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...
Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
IPFA TO JOIN INF ...
Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
|
|
|
Showing 6021 to 6025 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- MS Steel International - UAE
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- White Energy Company Limited
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- London Commodity Brokers - England
|
| |
| |
|
