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
Thursday, 26 April 12
AUSTRALIAS COKAL EXPANDS MET COAL POTENTIAL INTO WEST KALIMANTAN


COALspot.com - Global metallurgical coal group Cokal Limited (Cokal) (ASX:CKA) announced today it has completed the acquisition of 75.2% of PT Silangkop Nusa Raya (SNR), which holds three exploration licenses in West Kalimantan near the Malaysian border (SNR Licences). The SNR Licenses cover an area of approximately 13,000 hectares, according to the company 's statement posted on company's website.

Cokal’s Executive Chairman, Peter Lynch said “that while recent exploratory work for metallurgical coal in the area was limited, surface samples of coal from surrounding areas had shown good coking coal properties and I am excited by the possibility of opening up a new area”. The table below shows the analytical results of surfaces samples taken from weathered outcropping coal seams from areas surrounding the SNR License area that are believed to continue into the SNR License area.

While little work has been done recently, earlier work in the area identified potential coking coal in the region. A review of the geological records of the area found that work done by a major Japanese coal company had identified coking coal bearing formations close to the western border of the SNR Licenses.

CEO, Mr James Middleton, said that the company intends to start a greenfield exploration programme in West Kalimantan to further determine the potential of the region. Cokal believes that the SNR properties are strategically placed within the region and have the potential to yield high value coking coal.

The final administrative details associated with the proposed acquisition are expected to be finalized in the June quarter of 2012 with initial mapping and preliminary geological work to start shortly after. As this is in effect a greenfield exploration programme, significant base line exploration (scout work and mapping) and approvals will be required before moving into drilling and subsequent phases of exploration. The acquisition cost is A$722,000 cash. Under the agreement, Cokal has acquired 75.2% of the equity of PT Silangkop Nusa Raya, the Indonesian Company owning the exploration licenses. Local Indonesian partners will hold the balance of the equity in PT Silangkop Nusa Raya. Cokal's local Indonesian partners have an option to finance their share of the project exploration and development costs through a loan from Cokal, at commercial interest rates, repayable out of their share of the future profits of PT Silangkop Nusa Raya.

The proposed acquisition has received Indonesian regulatory approval and PT Silangkop Nusa Raya has been converted to a PMA Company. Under Indonesian law a PMA Company is able to have up to 100% foreign ownership.

About Cokal Limited
Cokal (ASX:CKA) is an Australian listed company with the objective of becoming a metallurgical coal producer with a global presence. Cokal has interests in four projects in Central Kalimantan, Indonesia considered prospective for metallurgical coal. Cokal has also signed a joint venture with Tanzoz Resources to explore for coal in Tanzania and a cooperation agreement with Mozambique Government Mining Corporation, EMEM, to explore for coking coal in the emerging coal province of Mozambique.



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

Recent News

Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...


Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...


Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...


Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...


Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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