• INDONESIA - Randu Kuning scoping study nears completion

    Augur Resources expects to complete a scoping study on the Randu Kuning deposit at its Wonogiri Gold-Copper Project in central Java by the end of this quarter.  1

  • MINING CLUBS - Two new clubs in Indonesia

    Mining Media International, The Asia Miner and Coal Age Indonesia are proud to announce the formation of two new Indonesian mining clubs - the Djakarta Mining Club and Coal Club Indonesia. Designed to support the growing mining industry in Indonesia, these new clubs will play an important role in the responsible development of natural resources and business opportunities.  1

  • INDONESIA - Cokal to acquire additional coal tenement

    Cokal Limited has entered into an agreement to acquire 75% of Indonesian company PT Tambung Benua Alam Raya (TBAR) which holds tenements adjoining its Bumi Barito Mineral Coal Project (BBM). This is another major step for Cokal which is on track to begin construction of BBM mine in Central Kalimantan later this year.

  • INDONESIA - New prospect identified at Sumba project

    Rock chip sampling and trenching has resulted in a new gold zone being identified at the Majapahit prospect of Hillgrove Resources’ Sumba project. Best assays from this work are 6 metres @ 12.3 grams/tonne gold and 3.8 metres @ 21.52 grams/tonne.

  • WORKSHOPS - Indonesian geostatistics series

    MICROMINE’s Indonesian division, PT Mikromine Indonesia Perdana, and Mining Media International, publishers of The ASIA Miner and Coal Age Indonesia, are combining to present the Intelligent Mining Workshop Series 2013 in Indonesia. A 3-day mineral focus workshop will be held at the Padma Hotel, Bandung from May 15-17 while a 3-day coal focus workshop will be held at the Ritz Carlton Hotel, Jakarta from May 21-23.

  • INDONESIA - Orpheus announces ADK resource estimate

    Orpheus Energy has announced a JORC-compliant 3.45 million tonne resource at its Kintap ADK mine in Indonesia’s South Kalimantan, confirming up to five years of production at the site.

  • INDONESIA - Kingsrose secures funds for Talang Santo ramp up

    Credit Suisse has agreed to provide US$15 million to help fast track the production ramp-up at Kingsrose Mining’s Talang Santo mine. The mine is within the company’s Way Linggo project in south Sumatra. It is awaiting approval from the Indonesian Mines Department for full mining activities to recommence.

  • INDONESIA - Forestry permit for BBP project

    Cokal has received ministry approval for an exploration stage forestry permit at its Borneo Bara Prima (BBP) metallurgical coal project site in the North Barito Basin of Kalimantan. The permit means larger capacity equipment can access the project to undertake high impact exploration drilling, as well as the construction of access roads and temporary infrastructure.

  • INDONESIA - East Asia resumes Miwah exploration

    Extensions to the licences at East Asia’s Miwah project in Aceh province on Sumatra have been granted, prompting the company to restart exploration at the site. The licences are now valid until November 30, 2014 and East Asia has planned a major drill program during the next 12 months covering 12,000 metres.

  • INDONESIA - Pan Asia placement raises $560K

    Pan Asia Corporation will accelerate exploration studies at its flagship TransCoal Minergy (TCM) project in South Kalimantan after raising $560,000 in a placement of 8 million shares.  1

  • INDONESIA - Cokal submits EIS for BBM coal project

    Global metallurgical coal group Cokal has submitted an Environmental Impact Study (EIS) for the Bumi Barito Mineral (BBM) project in Central Kalimantan. The EIS outlines development of mining operations up to an annual output of 6 million tonnes, and includes the integrated development of the mine, haul road and river barging terminal.

  • INDONESIA - Dispute impacts Mamahak coal production

    Coal production at Kangaroo Resources’ Mamahak coal mine in East Kalimantan is being affected for a second month as an industrial dispute with the company’s mining contractor continues.

  • INDONESIA - High grade gold intersected at Tanoyan

    High grade gold mineralization has been intersected in the central Sondana vein at Reliance Resources’ 75%-owned Tanoyan Gold Project on Sulawesi Island. A recent hole intersected 6.2 metres @ 8.1 grams/tonne gold within a broad zone of 42.95 metres @ 1.6 grams/tonne.

  • INDONESIA - Miwah project licence extended

    East Asia Minerals says its mining business licence at the Miwah gold project in Indonesia’s Sumatra Island has been extended by the relevant local government authority. The Bupati of Pidie Regency has renewed the licences for an additional two years until November 2014, allowing East Asia continued access to the properties to explore for gold and associated minerals.

  • INDONESIA - Mt Muro to hit production ramp up

    Straits Resources’ Mt Muro gold mine in northern Central Kalimantan is on target to achieve annual production of 100,000 ounces gold equivalent by June.  1

  • 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

  • INDONESIA - Barisan licenses extended

    Canadian explorer Barisan Gold’s two Indonesian subsidiaries, PT Linge Mineral Resources and PT Takengon Mineral Resources, have received extensions to their local exploration permits to December 2014.  1

  • INDONESIA - Killara makes move on Gapura gold project

    Australian explorer Killara Resources will acquire 75% equity in the Gapura gold concession in West Kalimantan for payments totalling US$8.5 million. The payments will be sequenced as each step of the exploration program at the site is completed, including receipt of necessary exploration permits, resource drilling, a feasibility study and a JORC-compliant resource estimate.  1

  • 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

  • INDONESIA - Deal struck over Taliwang

    Southern Arc Minerals is selling its 90% interest in the Taliwang project in return for a combination of cash and shares in the acquiring company in a move to retain upside potential as the new owner advances the project. The remaining 10% of Taliwang, which is held by West Sumbawa Regency Government, will also be sold to Coke Resources. Southern Arc has asked Coke to purchase its 90% share for US$500,000 and 15 million shares (8%) in Coke.  1

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