INDONESIA - Funds boost for Randu Kuning project

Augur Resources has announced a potential $6.75 million placement by the Rajawali Group into the company. This injection into the company will be used to complete a scoping study of the Randu Kuning Gold-Copper Project, further exploration and for ongoing working capital.

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INDONESIA - Kalimantan Gold identifies new KSK targets

Several new possible targets have been identified at Kalimantan Gold’s KSK Copper Project in Kalimantan following an airborne survey over the area. The company has also restarted field work at the Mansur, Tumbang Huoi and Baroi prospects to finalize drill targets for 2014’s planned drill programs.  1

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INDONESIA - Killara secures BEH offtake deal

Killara Resources has secured a 100% coal output offtake deal for its BEH project in East Kalimantan. The ASX-listed company has entered into a coal sale agreement with Coal Operations & Assets (COPA) for 100% of coal output from its PT Borneo Emas Hitam (BEH) project.  1

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INDONESIA - Pan Asia gains loan extension from Kopex

Pan Asia Corporation will proceed with its financing arrangements after Kopex agreed to extend its US$2.53 million loan to November 30, 2014, according to company officials seeking to consolidate development funding for their South Kalimantan TCM coal project.

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