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.
|
|
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
|
|
|
Showing 6036 to 6040 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
|
| |
| |
|
