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Thursday, 04 July 13
CHALLENGER SIGNS FORMAL EXCLUSIVE MINING AND MARKETING AGREEMENT FOR ABBR PROJECT IN CENTRAL KALIMANTAN
COALspot.com - Challenger Deep Resources Corp., through its subsidiary PT Bestindo Energy has signed the formal exclusive Mining and Marketing agreement for the ABBR Project in Central Kalimantan, Indonesia with an initial term expiring in 2020 with an option to extend beyond that date, the company said in its press release.
The ABBR licence lies adjacent to Challenger’s KEM license where drilling activity is taking place on the initial areas scheduled for production. According to company, Challenger’s due diligence field work on the ABBR Project has confirmed the presence of at least 16 seams which are the strike continuity to the east of seams exposed in the KEM license area.
Due diligence test pitting and outcrop sampling have confirmed coal quality ranging from gross calorific value 6,022 to 6,330 on GAR basis. Average total moisture of coal is around 12.54 per cent, Ash around 3.60 per cent on ADB basis and Sulphur 0.73 per cent on adb basis.
Width of seams (Outcrop) discovered to date vary from 20 cm to 2 m. Drilling is to commence immediately on the extension of seams currently being drilled on the KEM license area. These seams are projected to strike for a distance of 1.8 km through ABBR license area.
Ranjeet Sundher, President of Challenger commented, “The signing of the ABBR project is an integral part of the overall Barito Project for Challenger. With the mining licenses and infrastructure in place, combined with the high quality of coal, we believe we can build a profitable coal production company that is sustainable and highly scaleable.”
About Challenger
Challenger Deep Resources Corp. is an exploration company focused on the Indonesian 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.
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Sunday, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...
Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.
The ...
Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023
Oil prices came under some pressure yesterday with ICE Brent settling a litt ...
Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...
Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...
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- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
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- Georgia Ports Authority, United States
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- Intertek Mineral Services - Indonesia
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- Bahari Cakrawala Sebuku - Indonesia
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- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
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- Sical Logistics Limited - India
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- India Bulls Power Limited - India
- Cement Manufacturers Association - India
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- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
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- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
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- McConnell Dowell - Australia
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- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
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- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
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- Rio Tinto Coal - Australia
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- IHS Mccloskey Coal Group - USA
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- The University of Queensland
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- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
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- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
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- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
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- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
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- Interocean Group of Companies - India
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- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
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- Billiton Holdings Pty Ltd - Australia
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- Tata Chemicals Ltd - India
- Planning Commission, India
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- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
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- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
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- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
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- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Siam City Cement - Thailand
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- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
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- Star Paper Mills Limited - India
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- Parliament of New Zealand
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- PTC India Limited - India
- Anglo American - United Kingdom
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- Coastal Gujarat Power Limited - India
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- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
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