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Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion tonnes of thermal coal.
Included in this global resource was the previously reported joint ore reserves committee compliant resource of 1.4 billion tonnes. The balance was likely to be upgraded into Jorc compliant categories within a month, once final digital survey data has been processed.
Mr Paul Mazak MD of Churchill Mining said that “The new EKCP global resource catapults Churchill Mining to a new level in the coal mining industry in Indonesia. This result confirms our first impression since we started drilling in Kalimantan, that Churchill has discovered a huge new coal system, which ultimately will have a significant strategic value to power providers who require big volumes of coal supply.”
He added that the company continued to actively engage energy groups to progress its plans to mine the resource.
The new resource figure has exceeded Churchill’s initial 500 million tonnes target by more than 600%. Thus far, the company has defined a coal system 18 kilometers long and about 3 kilometers wide.
To date, 30% of the EKCP area has been drilled and the existing resource remains open along strike. The latest resource update was derived from a total cumulative drilling of 40,900 meters including 14,200 meters of open hole and 26,700 meters coring in 287 drill hole locations.
Source: Steel Guru
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Tuesday, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...
Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009
Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...
Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...
Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...
Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...
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- Bangladesh Power Developement Board
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- SMC Global Power, Philippines
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- Chamber of Mines of South Africa
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- Energy Link Ltd, New Zealand
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- Tamil Nadu electricity Board
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- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
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- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
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- Bhushan Steel Limited - India
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- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
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- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
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- Eastern Energy - Thailand
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- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
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- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
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- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- London Commodity Brokers - England
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- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
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