Bumi Barito Mineral coal project, Indonesia
Name of the Project
Bumi Barito Mineral (BBM) coal project.
Location
The project is located in Central Kalimantan, Indonesia.
Client
Cokal (60%).
Cokal is preparing a submission regarding the BBM underground mining project to the Indonesian government for its consideration in granting the maximum foreign ownership (70%) of BBM for the life-of-mine.
Project Description
A scoping study completed on BBM has proposed the construction of an underground mine, which will use three continuous miner development units and a built-for-purpose longwall plow.
The highwall punch mine configuration and shallow nature of the inferred resources mean longwall output is not constrained by outbye coal clearance systems, as is experienced in similar plow operations installed in existing older mines.
Jobs to be Created
Not stated.
Net Present Value/Internal Rate of Return
As a result of ASX restrictions on forward statements, Cokal may not provide any of these estimates in a public statement.
Value
As a result of ASX restrictions on forward statements, Cokal may not provide any of these estimates in a public statement.
Duration
Not stated.
Latest Developments
The scoping study has recommended that the project be advanced to prefeasibility study stage.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Cokal, tel +61 7 3312 6299 oremail info@cokal.com.au.
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