Kangaroo operation delayed by dispute

By Romel S. Gurky

ASX-listed Kangaroo Resources Limited recently stated that the ongoing industrial dispute between its mining contractor, PT Putra Perkasa Abadi (PT PPA), and their on-site personnel has resulted in mining operations and coal production on their 99%-owned Mamahak Coal Mine (MCM) in East Kalimantan being temporarily suspended.

"Activities at Mamahak during December focused purely on barging operations, with a total of 19,216 metric tons of coal transported to Bayan Resources? Balikpapan Coal Terminal (BCT) during the month, compared with 21,136 tons for November," the company said in a statement to the ASX.

Accordingly, at the end of December, total on-site and port coal stockpiles at Mamahak were reduced to 133,000 tons of coal, compared with 152,000 metric tons at the end of November.

Coal sales in November generated revenues of US$1,536,456.

"The company expects production at MCM will continue to be affected during January, however KRL will continue to focus on barging operations during this period in order to realise coal revenues from the current coal stockpiles," it said.

Editing by Er Audy Zandri