Churchill Mining still appealing Kutai decision
31st Jan 2017 15:36
(ShareCast News) - Churchill Mining announced on Tuesday that, further to its announcement on 23 December, it was continuing to work with the its solicitors Clifford Chance on a detailed analysis of the award and a review of potential grounds to seek revision or annulment of the award pursuant to se
Read moreChurchill Mining's $1bn claim against Indonesia struck off
7th Dec 2016 11:59
(ShareCast News) - A tribunal has struck out a claim by Churchill Mining for damages after Indonesia's government revoked its licence for a coal project. The AIM-listed miner said it was "extremely disappointed" by the decision by a tribunal from the International Centre for Settlement of Investment
Read moreChurchill mining expects ruling on Indonesia case in 2 weeks
16th Nov 2016 15:20
(ShareCast News) - Indonesia-focused coal miner Churchill Mining said the International Centre for Settlement of Investment Disputes (ICSID) would be issuing a ruling on its claim against the Indonesian government within two weeks. In a statement, the AIM-listed firm said the ICSID was in the proces
Read moreChurchill Mining losses widen as Indonesia arbitration drags on
19th Oct 2016 14:35
(ShareCast News) - Along with an increased loss, final results from Churchill Mining carried a detailed account of its ongoing arbitration claim against the Indonesian government after it revoked the licence to mine the East Kutai coal project coal project. The AIM-listed company spent $1.54m on leg
Read moreTribunal date set for Churchill Mining's spat with Indonesia
21st Jun 2016 16:35
(ShareCast News) - The tribunal ruling on Churchill Mining's dispute with Indonesia expects to pass down a ruling in September 2016. Churchill Mining, a British mining corporation, has been in a dispute with Indonesia since March 2013 for damages related to an unlawful seizure of the East Kutai C
Read moreChurchill Mining still in the dark over Indonesia disengagement
5th May 2016 15:32
(ShareCast News) - Churchill Mining was still in the dark as to a the recent disengagement by Indonesia in ongoing arbitration on Thursday, though it was pleased the International Centre for the Settlement of Investment Disputes had received Indonesia's share of the fifth advance payment - albeit si
Read moreIndonesia goes quiet on dispute with Churchill Mining
20th Apr 2016 15:09
(ShareCast News) - The long-running dispute between AIM-listed Churchill Mining and the Indonesian government over a coal project took another turn on Wednesday when the company reported that its opponent had failed to make its latest payment in the arbitration process. The case is being handled at
Read moreRurelec extends bridging loan as Argentina adds to cash crunch
13th Apr 2016 14:13
(ShareCast News) - Rurelec has increased its short-term loan to provide more access to working cash for the power plant developer and its operations in Chile and Peru, after short-term cash generated by its Argentinian joint venture came in lower than expected. The AIM-listed company, whose chairman
Read moreChurchill Mining appoints Hari Kiran Vadlamani as non-exec director
25th Aug 2015 13:20
(ShareCast News) - Churchill Mining has appointed Hari Kiran Vadlamani as a non-executive director with immediate effect. Vadlamani is a non-executive director of Greenko Group, which is an AIM-listed owner and operator of clean energy projects in India. He was previously a co-founder of KSK Power V
Read moreChurchill Mining flags but does not fail as East Kutai hearing continues
14th Aug 2015 12:58
(ShareCast News) - Shares in Churchill Mining slipped despite the company providing an optimistic update on its arbitration case against the Government of Indonesia, whose key witness failed to attend. The AIM-listed company brought the hearing against the Indonesian government to protest against wh
Read moreChurchill Mining soars after Indonesian authorities withdraw allegations against it
4th Jun 2015 13:08
AIM-listed miner Churchill saw its shares rocket after announcing that Indonesia has changed its allegations and agrees with the company that it did not participate in an alleged scheme to defraud the state. The country had accused the firm of obtaining licences for its 75%-owned East Kutai Coal Pro
Read moreChurchill Mining sees H1 losses widen as Indonesian court case continues
31st Mar 2015 15:51
AIM-listed coal miner Churchill Mining reported a widening of losses in the first half and said that a continued court case in Indonesia will carry on for several months, causing shares to lose over a fifth of their value on Tuesday. The group also announced that it would be putting aside $140,000 i
Read moreWork Group Chief continues to build stake
13th Jan 2014 16:09
Staffing company Work Group on Monday announced its Chief Executive, Rose Colledge, had enlarged her stake in the firm with the purchase of 284,844 shares, while her husband bought a further 441,014. All of the shares were bought for 4.53p each, giving a total trade value of £32,881. Colledge's st
Read moreChurchill Mining says court decision on Indonesian claim due early 2014
27th Dec 2013 13:20
The share price of Churchill Mining jumped by over a fifth on Friday after the firm said that a tribunal decision on claims for damages in Indonesia should be expected in early 2014. The coal miner had filed a claim in May 2012 against the Republic of Indonesia (ROI) for breaches of Indonesia's obl
Read moreLegal fees impact half-yearly results at Churchill Mining
22nd Mar 2013 10:38
Legal and professional fees impacted the financial results of AIM-listed Churchill Mining in the six months ended December 31st, but the company was able to narrow its loss on the year before. Churchill Mining posted a pre-tax loss for the half year of $4.5m, or 3.69c per ordinary share. Other admi
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