Churchill says it has been subjected to a sustained campaign to expropriate its rights as a legitimate foreign investor in Indonesia. It’s now looking to international arbitration as it appears set to lose an appeal in Jakarta’s Supreme Court.
16/05/12
Second Price Monitoring Extn16/05/12
Price Monitoring Extension10/05/12
Directorate Change04/05/12
Update on International Arbitration03/04/12
Update on Appeal to Supreme Court10/05/12
Churchill Mining appoints John Nagulendran as non-exec director04/05/12
Churchill Mining files new formal letter to Indonesia president in East Kutai coal project dispute03/04/12
Churchill Mining to accelerate international arbitration as Indonesia’s Supreme Court rejects appeal16/03/12
Churchill Mining to consider international arbitration in Indonesia dispute23/01/12
Churchill Mining: Three judges chosen for appeal at Supreme Court of IndonesiaPress: 03.04.12: -2.12, (10.13) Press: Churchill Mining fell after Indonesia?s Supreme Court had rejected an appeal to overturn the revoking of... read more
Press: Churchill Mining rose after it sent a letter to senior figures in the Indonesian government trying to conclude a disagreement over the... read more
Press: 19.08.11: -6.75, (18.25) Press: Churchill Mining fell after an appeal launched against the revocation of four mining licenses for the... read more
Press: Churchill Mining rose after saying it had raised GBP7.7m via a private placement of shares at 40p apiece. The shares are being placed... read more
Press: Churchill Mining rose after saying it had appealed the decision of a regional administrative Tribunal on the revocation of its licences... read more
11/04/12
Churchill says it has been subjected to a sustained campaign to expropriate its rights as a legitimate foreign investor in Indonesia. It’s now looking to international arbitration as it appears set to lose an appeal in Jakarta’s Supreme Court.
03/05/11
Shares in Churchill Mining shot up more than 40 per cent in opening deals after it was revealed that the group is bringing on board two Indonesian partners who are subscribing for £7.7 million-worth of shares.
13/03/11
It has been a difficult week for Churchill Mining, which has been caught up in a legal battle in Indonesia. A regional administrative tribunal ruled against the company, which has been trying to protect the legal standing of its mining licences for the East Kutai coal project – a 2.73 billion tonne coal resources. Churchill has already announced it is appealing the decision. Below chairman David Quinlivan answers our questions about the litigation.
23/09/10
The company this morning unveiled the long-awaited feasibility study on its world class coal deposit in Indonesia. Judging from the comments of managing director Paul Mazak there ought to be no shortage of interest when it casts the net for joint venture partners and potential buyers of the asset.
21/04/10
Having secured Credit Suisse as strategic advisor for developing East Kutai, the company is poised for the leap into a higher league
04/05/12
COMPANY SNAPSHOT: Rolls-Royce, RBS, HMV Group, Tullow Oil, Cove Energy, Valiant Petroleum, Hummingbird Resources04/05/12
Churchill Mining, Hummingbird Resources, Cove Energy, Sefton Resources, and others feature in Fox-Davies Newsflash18/04/12
Views from the Trading Floor - Featuring Borders and Southern, Lochard Energy, Range Resources and Greatland Gold 18th April11/04/12
PROACTIVE NEWS SUMMARY: Kincora Copper, Forte Energy, Churchill Mining, Specialist Energy Group, Aminex, Solo Oil03/04/12
Views from the Trading Floor - featuring Gulfsands Petroleum, Heritage Oil and Berkeley Minerals Resources - 3rd April| Date | Director | Trans | Amount | Type | Price(p) | Value (£) | Holding | % |
|---|---|---|---|---|---|---|---|---|
| 06/06/11 | R. Gobel | TAKE | 19,345,000 | ORD | 40.00 | 7,738,000 | 0,000 | N/A |
| 23/05/11 | J.A. Castro | EX | 359,086 | OPT | 35.00 | 125,680 | 31,492,388 | 31.42 |
| 23/05/11 | D.F. Quinlivan | EX | 650,000 | OPT | 35.00 | 227,500 | 1,454,092 | 1.45 |
| 31/03/10 | D.F. Quinlivan | EX | 104,140 | OPT | 35.00 | 36,449 | 804,092 | N/A |
| 31/03/10 | D.F. Quinlivan | EX | 100,000 | OPT | 20.00 | 20,000 | 0,000 | N/A |
| Date | Type | Turnover | Profit | EPS (p) | Dividend (p) | Currency |
|---|---|---|---|---|---|---|
| 31/12/11 | Interim | 0.00 | -6.41 | -5.30 | 0.00 | USD |
| 30/06/11 | Full year | 0.00 | -38.28 | -38.57 | 0.00 | USD |
| 31/12/10 | Interim | 0.00 | -3.03 | -3.13 | 0.00 | USD |
| 30/06/10 | Full year | 0.00 | -6.68 | -8.25 | 0.00 | USD |
| 31/12/09 | Interim | 0.00 | -3.06 | -3.91 | 0.00 | USD |