Western Manganese plans to enter coal business
Tuesday, July 31 2012 - 04:03 AM WIB
Australia-based, Indonesia-focused exploration firm Western Manganese Limited is currently reviewing 11 coal concession in Indonesia as the company plans to enter coal business from its current core business on manganese-related mine.
The company in its second quarter report said that 28 holders of coal concessions had offered their area for review by Western Manganese.
?Of these 28 coal tenements, the company has chosen to further review 11 tenements. These 11 opportunities range from greenfield tenements to currently producing mines with further exploration potential,? it said
The concessions are;
IUP 1 5,000Ha tenement, High Calorific Value (CV) coal in East Kalimantan
IUP 2 5,000Ha tenement, High CV coal in East Kalimantan
IUP 3 4,951Ha tenement, High CV coal in East Kalimantan
IUP 4 5,000Ha tenement, High CV coal in East Kalimantan
IUP 5 5,000Ha tenement, High CV coal in East Kalimantan
IUP 6 740Ha tenement, Mid CV coal in East Kalimantan
IUP 7 2,329Ha tenement, Mid CV coal in East Kalimantan
IUP 8 3,361Ha tenement, Mid CV coal in East Kalimantan
IUP 9 750Ha tenement, 80 Ha exploitation, High CV coal in Sumatera
IUP 10 2,400Ha tenement, l00 Ha exploitation, High CV coal in Sumatera
IUP 11 5,000Ha tenement, l00 Ha exploitation, Mid CV coal in East Kalimantan
The company plans to conduct several site visits in September 2012 quarter to evaluate these opportunities.
Editing by Adianto P. Simamora