EXPLORATION & DEVELOPMENT

Cokal may go alone

INDONESIAN coal developer Cokal has updated its reserve and said it may not go ahead with a planned joint venture, saying it expects it could develop its planned coal export project without third party funding.

Ngaire McDiarmid
Cokal may go alone

The company announced a reserve update to 20.2 million tonnes for the eastern portion of its 60%-owned Bumi Barito Mineral (BBM) project in central Kalimantan. BBM’s marketable coal reserve of 16.9Mt...

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