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Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in East Kalimantan. The IUP permit has been granted for an area 2,960 hectares on Challenger’s 100% owned Tabang project.
Challenger is an exploration company from Canada that focused on the Indonesian coal industry. Challenger’s business plan is to acquire, explore, and to bring its viable coal projects into production. Challenger offices’ is Calgary, Singapore, and Jakarta. This company listed on Toronto Stock Exchange.
“We are, of course, very pleased to receive the IUP Permit for this property,” Ranjeet Sundher, President of Challenger says. “One of our key strengths is our ability to identify, acquire, and manage the regulatory process related to our exploration projects,” he added via press release.
The Tabang Project area covers both the Batuayau and Ujoh Bilang geological formations. The typical coal quality of the Ujoh Bilang and Batuayau formations from producing coal mines in the region is CV 5,500-6,000 kcal/kg (ADB) with coal seam thicknesses varying from 0.5-6 meters.
This permit gives the rights to the holder to carry out full coal exploration activities within the concession area for a period of three years until May 13, 2014, which may be extended if required. This permit also gives the rights to obtain coal exploitation license (IUP Operation-Production) if the prospects proved to be economical for commercial production.
On approval of a mine feasibility study, the Challenger will be able to transition the IUP into the exploitation stage under an IUP Operation-Production, with the right to conduct mining production on this property for 20 years, with the potential for two further ten-year extension periods.
Challenger’s work on the Tabang project to date has confirmed the presence of at least seven flat-dipping seams of CVC (adb) 5,500-6,500 kcal/kg coal. All of the coal seams discovered to date are located on the northern half of the property.
Challenger’s exploration team is currently conducting more extensive surface exploration of the southern half of the property. Challenger’s initial reconnaissance drilling program confirmed coal quality and the coal seam orientation and consistency on the Tabang program with 14 shallow holes (25-50 metres) for a total of 521 metres of drilling.
Challenger has now commenced a more extensive exploration drilling program of the previously discovered multiple coal seams upon the issuance of this IUP. Challenger plans to conduct an environmental assessment and a pre-feasibility study later this year as part of the prerequisites for the application to obtain the IUP Operation-Production (coal mining production) license.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
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- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Eastern Energy - Thailand
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- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
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- Ministry of Finance - Indonesia
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- McConnell Dowell - Australia
- Siam City Cement - Thailand
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- Vizag Seaport Private Limited - India
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- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Economic Council, Georgia
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- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
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- Savvy Resources Ltd - HongKong
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- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
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- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
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- Indonesian Coal Mining Association
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- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
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- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
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- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
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