Australia Oriental reports C. Kalimantan coal project update

The following is an excerpt from Australian firm Australia Oriental Minerals (AOM) on Muara Teweh coal project, taken from quarterly report for period ending 30 Sept., 2009, which published on Monday.

The company's interest in the coal mining concession at Muara Teweh in Central Kalimantan is held via its 30% owned associate, Asiatic Coal Pte Limited (ACPL)

During the quarter, AOM was advised by ACPL that mining operations had remained suspended at Muara Teweh, nothing that ongoing discussions are being held with mining contractors with a view to recommence mining operations as and when global economic conditions permit. (end of excerpt)