INDONESIA - SEAE to manage and market PT PAR coal

South East Asia Energy Resources (SEAE) has signed an agreement to manage, operate and market the coking coal from the PT PAR project in East Kalimantan. SEAE, formerly known as Victory West Metals, says the agreement with PT Debbia Mining gives it full ownership of all coal and production to existing jetty port facilities 34km from the mine.  1

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INDONESIA - Tembang secures forestry permit

Sumatra Copper & Gold has achieved a major milestone at its Tembang project in Indonesia’s southern Sumatra, with the granting of an in-principle forestry license which outlines which conditions need to be met at the site prior to the project’s final approval.  1

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INVESTMENT - DPM secures Chinese pyrite contract

Canadian-based Dundee Precious Metals (DPM) has secured a major supply contract with China’s Xiangguang Copper (XGC), for up to 200,000 tonnes of pyrite concentrate annually from its Chelopech mine in Bulgaria.

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