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Last Update: 2012-05-07
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Reference: Wikipedia

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Churchill Mining Plc (“Churchill” or “the Company”) listed on the Alternative Investment Market (AIM) of the London Stock Exchange in April 2005. Churchill’s growth path accelerated following the discovery of a world-class thermal coal deposit in the East Kutai Regency of Kalimantan, Indonesia following an intensive and targeted exploration program. The Company has a 75% ownership and controlling interest in the East Kutai Coal Project (“EKCP”), with the balance being held by its Indonesian partners, the Ridlatama Group. Recently, Churchill has taken the EKCP discovery through to feasibility in readiness for funding and the commencement of construction. Unfortunately the project has been delayed whilst the Company defends its rights in the licenses that make up the EKCP following a negative decision in the Administrative tribunal in Samarinda (refer below). In addition to the East Kutai Coal Project, Churchill has a strategic holding in Spitfire Resources (15.99%), who are developing the South Woodie Woodie Manganese Project in Western Australia.

Last Update: 2012-05-07
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Last Update: 2012-05-07
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