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PTBA completes due diligence on E. Kalimantan coal mine

Friday, April 16 2010 - 04:21 AM WIB

IDX-listed state coal mining firm PT Tambang Batubara Bukit Asam Tbk (PTBA) said it has completed due diligence on a coal mine in East Kalimantan.

President Director Sukrisno told Petromindo.Com that the Company has submitted price proposal to the mine owner.

?We hope to see whether the owner would accept our price proposal soon,? he said, without giving further detail. (alex)

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