OGL ceases Indonesian mining ops
Monday, August 29 2011 - 06:45 AM WIB
Australia-listed firm OGL Resources Limited reported on Monday that it has ceased the Indonesian trial mining operation in December 2010.
?We are currently reviewing all the agreements with our local partner. The Indonesian operation will be on hold until the completion of the Australian coal assets acquisition,? the company said in its Half Year Report.
According to the company?s earlier reports, it has several coal properties in East Kalimantan and in Jambi.(alex)