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

Friday, 15 January 10
ADARO INDONESIA STILL TOPS IN INDONESIAN COAL EXPORT RANKING
COALspot.com (Indonesia): PT. Adaro Indonesia, the world first Envirocoal producer and Indonesia's second largest thermal coal producer is top coal ...


Friday, 15 January 10
NTPC TO ADD 6,000 MW EACH YEAR IN 12TH PLAN
Will raise total generation capacity to 75,000 Mw by 2017, up from 30,644 Mw at present. India's largest power generator NTPC, which will launch ...


Friday, 15 January 10
POSCO SAYS 2010 COKING COAL AGREEMENT MAY BE DELAYED - BLOOMBERG
Posco, South Korea’s biggest steelmaker, said an agreement on coking coal prices for this year may be delayed because major suppliers of the s ...


Friday, 15 January 10
CHINA POWER FIRMS SEEK COAL IMPORTS, SUPPLY SCARCE
China's coal-hungry power plants have turned to imported coal to cope with widespread shortages, but spot supply is scarce, traders said on Thursda ...


Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...


   1216 1217 1218 1219 1220   
Showing 6086 to 6090 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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