Aussie firm eyeing Indonesian coal, gold projects

Thursday, January 29 2009 - 02:51 PM WIB

ASX-listed GTI Resources Limited is eyeing to acquire coal and gold projects in Indonesia to expand its portfolio.

The company reported on Thursday that during the October-December quarter of 2008 it has been on reviewing near-production projects in Indonesia.

The company has also recently established a presence in Indonesia through a local consulting group, giving access to an expanded network of contacts within the mining sector and a Jakarta base from which to operate. (alex)

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