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
Wednesday, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA


Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected the appeal by Churchill/Ridlatama, according to a statement posted on company's website.

The statement further said,
1. The notations only provide an indication as to what the Supreme Court's decision will be and are not the same as the Supreme Court handing down its decision.
2. Until the Supreme Court hands down its decision there is no binding and enforceable judgment. The 'handing down' is when the Supreme Court provides its written judgment. The Company does not know when this will happen.

The appeal was launched to overturn the decision by the Administrative Tribunal in Samarinda, East Kalimantan in relation to the revocation of the four mining licenses that comprise the East Kutai Coal Project  (Churchill 75% interest).

Churchill Mining’s Chairman, David Quinlivan commented, “It’s disappointing to see this notation on the case register. We are determined to continue to seek a legitimate remedy for our shareholders and protect our rights as a foreign investor in Indonesia.”

When further information is available, the Company will provide an update on the Supreme Court's decision and, as appropriate, its steps in relation to the Civil Review of that decision, the statement further said.

International Arbitration under the United Kingdom - Indonesia Bilateral Investment Treaty
Churchill will now look to accelerate the filing of its claim at the International Centre for Settlement of Investment Disputes in Washington D.C. against the Republic of Indonesia. The Company has not received any response to its formal letter sent 22 November, 2011 to the Republic of Indonesia seeking an amicable and commercial resolution.

The letter highlighted that following a significant investment in exploration, Churchill identified a world class thermal coal deposit in East Kalimantan, only to be subjected to a sustained campaign designed to expropriate Churchill’s legitimate rights to develop this deposit.

The Company will now move its attention to preparing and filing a claim against the Republic of Indonesia for direct breaches of Indonesia’s investment laws and Indonesia’s obligations under international investment treaties.

The Company’s solicitors are already well advanced in the claim preparation and expect to file the Request for Arbitration shortly.
Source:Churchill Mining



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...


Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target. According to Irwan Budiarto analyst at Bahana Securities, US ...


Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts. The API 5 index represents 5,50 ...


Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points. The Cape index also was down by 5.78 pct closing a ...


Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...


   938 939 940 941 942   
Showing 4696 to 4700 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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