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Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and Clear List 30th May 2012
COALspot.com - Global metallurgical coal group Cokal Ltd (ASX:CKA) has announced that, it has received confirmation from the Ministry of Energy and Mineral Resources (MMER) of the inclusion on the “Clean and Clear” list of its Borneo Bara Prima (BBP) and Bumi Barito Mineral (BBM) Projects in Central Kalimantan.
The “Clean and Clear” list is issued pursuant to the requirements of Law Number 4, Year 2009 and PP (Government Regulation) No.23 Year 2010. MMER confirmed the status of the BBP Project as “Clean and Clear” in its listing dated 9th May 2012 and the status of the BBM project was confirmed in the listing dated 30th May 2012.
According to its statement, the designation of “Clean and Clear” provides confidence to mining companies that the validity of their mining concession, in this case Cokal’s flagship project BBM and the equally prospective BBP project has been confirmed by MMER. Importantly, the listing confirms that there are no overlapping or conflicting concessions for either project. The listing further confirms that Cokal has met its ongoing exploration obligations in regard to both projects.
Cokal CEO Jim Middleton said “This is timely confirmation of the status of our BBM and BBP Projects and is another important step towards taking both projects into the next stage of development.”
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Thursday, 05 April 12
COAL EXPORT TAX: MATTER OF CONCERN FOR INDIA - SUNIL K KUMBHAT
COALspot.com - Since the issuance of Indonesian Mining law in 2009, miners have increased their activities in exploring , ex ...
Thursday, 05 April 12
AKR COAL FIRST EXPORT SHIPMENT OF COAL SEABORNE
PT Anugrah Karya Raya (AKR Coal) subsidiary of PT AKR Corporindo Tbk., Indonesia’s leading integrated supply chain solutions provider and larg ...
Thursday, 05 April 12
DRY BULK MARKET STALLS AS TREND IS REVERSED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has halted its month-long rally, with the BDI (Baltic Dry Index) retreating yesterday for a second consecutive session. Industry ...
Wednesday, 04 April 12
OIL MAY JUMP TO $150PB IF IRAN ATTACKED: EXPERT - KUNA / HELLENIC SHIPPING
Prices of oil will not drop below level of $100 per barrel and may jump to $150 pb in the coming two months, according to the prominent Kuwaiti expe ...
Wednesday, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA
Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected th ...
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