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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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Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...
Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...
Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...
Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...
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- Mintek Dendrill Indonesia
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- Videocon Industries ltd - India
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- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
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- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
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- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
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- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
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- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- ASAPP Information Group - India
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- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
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- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
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- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
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- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
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- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
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