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
Tuesday, 05 February 13
CHALLENGER DEEP RESOURCES CORP HAS ENTERED INTO AN EXCLUSIVE MINING AND MARKETING AGREEMENT WITH KEM


COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, PT Bestindo Energy, has entered into an Exclusivity Agreement relating to the right to mine and market coal from the KEM coal project in Central Kalimantan, Indonesia.

According to company’s press release, the Exclusivity Agreement with CV Kara Elmas Madenleri ("KEM") gives Challenger the exclusive right, for a period of sixty days, to conduct due diligence on the KEM coal project and to enter into a Mining Operation - Production Agreement for the project.  Once Challenger Deep Resources Corp entered in to the Mining Operation - Production Agreement, then it will be benefited of full control of all coal production and marketing within the KEM project area.

KEM owns 100% of the KEM Coal Project in the Murah Teweh district of Central Kalimantan. The KEM Project is located just 12 kilometers east of the Barito River, the main river which transport coal to nearest anchorage position in South Kalimantan.

The KEM Project covers 335ha with an IUP OP license in place. KEM is a multi-seam high-quality thermal coal project with existing infrastructure in place to enable an early start to production. Infrastructure in place includes a 12km haul road and loading jetty, the report further said.

"This is a very important development for Challenger", states Ranjeet Sunder, President and CEO of Challenger. "The KEM Project gives us the potential to generate near-term cash flow which will provide funding for our Tabang Project development and will enable us to capitalize on other high-quality opportunities, while minimizing dilution to our shareholders during these difficult capital markets. We view this project as having very low risk and relatively low capital requirements which are both key elements in our Indonesian coal strategy", the press release says.

About Challenger
Challenger Deep Resources Corp. is an exploration company focused on the Asian coal industry. Challenger's business plan is to acquire, explore and to bring its viable coal projects into production. Challenger has an experienced Indonesian exploration and mining team with offices in Calgary, Singapore and Jakarta.



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

Recent News

Friday, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...


Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...


Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...


Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...


Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...


   877 878 879 880 881   
Showing 4391 to 4395 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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