JOHANNESBURG (miningweekly.com) – ASX-listed Cokal on Friday reported that coal production was imminent at its flagship Bumi Barito Mineral (BBM) Anak project, in Indonesia.
Cokal is establishing a small-scale coal mining operation, which will produce a high calorific-value, high-volatility pulverised coal injection coal.
Product coal will be sold to local companies for blending with their lower-quality coals. The mine is situated closely to the Barito river, requiring a short haul to the stockpile area.
Cokal has acquired the relevant regulatory approvals, including the mining, environmental and forestry approvals from the various Indonesian government departments.
It has successfully completed negotiations with the landowners and both parties are pleased with the outcome.
Cokal has further negotiated terms for the supply of fuel, land-clearing contractors and a small fleet of mining and barging equipment.