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Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indonesia, confirming a preferred 20 million tonne per annum production rate. The company anticipates project construction work at EKCP to start in 2010 and take two years to complete.
Churchill Mining Plc's wholly owned subsidiary PT Indonesia Coal Development has been selected as a prospective thermal coal supplier to Indonesia's PT Cirebon Electric Power, which is building a 660 MW power plant in West Java which is due to start operations in 2011.
Churchill has put the project's infrastructure items out to tender and this process is well advanced. To date the bids received have been well below predicted costs due to the resurgence in global manufacturing and engineering capabilities following the global financial downturn.
It anticipates completion of its tender process and final evaluation of the bids by the end of January 2010. It will then be in a position to further inform investors of the expected capital cost and life-of-mine financial returns.
The feasibility study envisages that the EKCP coal will be transported from the mine, ultimately made up of three open pits, using a 160 kilometers overland conveyor system comprising eight flights at a speed of 5 metres per second, powered by a coal-fired plant using EKCP coal.
Churchill is now undertaking final bathymetric and wave, wind and tide studies for the future port facility. Tenders for the port piling and coal loader have been received.
Mr Paul Mazak CEO of Churchill Mining said that "We look forward to announcing the associated results of our economic modeling early next year. Churchill is still evaluating how best to generate value for shareholders. Our options include the sale of the project or company, the development of EKCP with a JV partner or the financing and implementation of the EKCP by Churchill itself. We continue to have discussions with a number of interested parties and the company hopes to be position next year to announce the results from these negotiations."
Source: Steel Guru
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Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...
Wednesday, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...
Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
2009 revenue growth will be hard to beat
Banpu Plc, Asean's largest coal miner, expects coal prices to stay firm at about US$80 per tonne in the f ...
Wednesday, 30 December 09
CIL DELISTS JAGUAR ENERGY FOR KODA LINKS
Coal India Ltd (CIL) has dropped Indonesia-based Jaguar Energy & Power Ltd from the list of companies, it intended to forge partnerships with to ...
Wednesday, 30 December 09
COAL PRICE RISE REQUEST DENIED
A proposal by the Viet Nam National Coal and Mineral Industries Group to double the price of coal has been turned down by the Ministry of Industry a ...
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- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Planning Commission, India
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- White Energy Company Limited
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Parliament of New Zealand
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Economic Council, Georgia
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
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