https://www.miningweekly.com

Altura awarded Philippines coal contracts

23rd June 2015

By: Creamer Media Reporter

  

Font size: - +

JOHANNESBURG (miningweekly.com) – A subsidiary company of Altura Mining has been awarded two coal operating contracts in the Philippines, bringing the ASX-listed company’s total south-east Asian coal exploration holdings to over 34 000 ha.

The contracts are known as Area 4 – Rapu-Rapu and Area 17 – Surigao del Sur. Area 4 consists of 3 000 ha and is located immediately adjacent to the coal producing Rapu-Rapu island on the mid-eastern seaboard and Area 17 consists of 7 000 ha and is located on the south-eastern seaboard in the existing Bislig coal mining area.

The two contracts were awarded to Altura in round four of the Philippine energy contracting bidding process, which aims to develop energy projects to meet the expanding domestic supply requirement.

“The expansion of coal exploration holdings reinforced Altura’s objective of developing and becoming a significant energy company in the southern hemisphere,” the company said in a statement on Tuesday.

Altura added that it would start exploration activities in the newly awarded contract areas in line with an approved work programme and stakeholder consultation process.

The company also owns lithium and coal projects in Australia and Indonesia and its main focus is on developing the Pilgangoora lithium project, in Australia.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.043 1.039s - 110pq - 2rq
Subscribe Now