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Wednesday, 11 April 12
TWO PERCENT OF IBP CONCESSION CONTAINS 42 MMT OF COAL


COALspot.com - 42.35 million ton of coal found in just 2% of  PT Insani Bara Perkasa’s total concession area of 24,477 hectare.

According to a statementposted on Rain's website, PT. Britmindo has issued its first JORC reserve report which was conducted on a 500 hectare area (Zone A) within IBP’s 3rd Generation CCoW concession. The JORC reserve report stated that Zone A contains 42.35 million ton of mineable coal reserve.

Zone A made up 2% of IBP’s total concession area of 24,477 hectare.

This will be the first out of a series of planned JORC survey that shall be undertaken by IBP as it is hoping to prove up its coal resource and reserve (JORC standard) in a progressive manner.

"We are currently in the final stage of discussion with PT. Britmindo to commence work on the next JORC survey area or Zone B.", the statement further said.



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Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com -  Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...


Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
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Sunday, 03 June 12
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Friday, 01 June 12
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