PERTH (miningweekly.com) – ASX-listed Cokal has mobilised its mining contractor to the Bumi Barito Mineral (BBM) mine, in Indonesia.
Cokal said on Monday that the mobilisation was part of the final preparations to start mining and production at BBM. Mining is currently scheduled to start on July 28.
“This is the most significant development to date in Cokal’s journey to explore, develop and mine the BBM coking coal project in central Kalimantan,” said Cokal chairperson Domenic Martino.
“The completion of the infrastructure will provide for both the direct river access at Krajan and also the separate road access to the jetty at Batu Tuhup providing two methods of evacuation of coal from the mining areas at BBM and giving contractor HPU certainty for delivery of equipment and evacuation of the final coking coal products to market both domestically and internationally.
“The mobilisation of HPU and the commencement of production will enable the company to take advantage of the current elevated prices for BBM’s metallurgical coal products. This will transform the company to a full coal production company,” said Martino.