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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, 23 May 23
INDIA: COAL OUTPUT UP 8.9%, SUPPLY RISES 11.7% IN APRIL - FINANCIAL EXPRESS
India’s coal production jumped 8.85% to 73.14 million tonne (MT) in April 2023 and the total coal despatch during the month went up 11.66% to ...
Tuesday, 23 May 23
CHINA COAL OUTPUT UP 4.5 PCT IN APRIL - XINHUA
China’s raw coal output posted stable expansion in April, official data showed.
The country produced 380 million tonnes of raw ...
Saturday, 20 May 23
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
In 2022, non-OPEC supply is estimated to have increased by 1.9 mb/d y-o-y. Out of this, US liquids production increased by 1.2 mb/d, mainly on the ...
Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coa ...
Saturday, 20 May 23
MARKET INSIGHT - INTERMODAL
India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for power ...
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- Semirara Mining Corp, Philippines
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- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
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- Global Coal Blending Company Limited - Australia
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- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
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- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
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- Baramulti Group, Indonesia
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- White Energy Company Limited
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- McConnell Dowell - Australia
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- Indian Energy Exchange, India
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- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
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- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
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- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
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- Commonwealth Bank - Australia
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- IEA Clean Coal Centre - UK
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- Indian Oil Corporation Limited
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- Minerals Council of Australia
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- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
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- Ministry of Transport, Egypt
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- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
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- Mintek Dendrill Indonesia
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- MS Steel International - UAE
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- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
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- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Parliament of New Zealand
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- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
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- Australian Coal Association
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- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
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- Coalindo Energy - Indonesia
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- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
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