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SouthGobi Energy To Start Surface Coal Mining at The Mamahak Coal Project
Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd. and Gene Wusaty, Chief Operating Officer, announced today that a Location Permit (ljen Lokasi) has been issued by the local Government,
KAL Energy, Inc. Hits Weekly Productivity Record
KAL Energy, Inc is pleased to announce that over 3000m of drilling has been completed of its previously announced $2 million Phase 1 Exploration program on its Thermal Coal Project in East Kalimantan, Indonesia. This program includes extensive drilling, trenching, sampling and mapping of known geological structures, and exploration for unknown structures.
Over the past week [...]
KAL Energy, Inc. Completes Over 2000 Meters of Drilling
KAL Energy, Inc. is pleased to announce that in excess of 2,000 meters of drilling have been completed on Phase 1 of the $2 million 5,000+ meter work program on its Thermal Coal Project in East Kalimantan, Indonesia. This program includes extensive drilling, trenching, sampling and mapping of known geological structures, and exploration for unknown [...]
Banpu’s first-quarter earnings will drop due to a malfunctioning winch-brake motor at its Bontang Coal Terminal in Indonesia
Banpu’s first-quarter earnings will drop due to a malfunctioning winch-brake motor at its Bontang Coal Terminal in Indonesia, which disrupted loading, president Chanin Vongkusolkit said yesterday.
Stock analysts believe the accident will hurt the coal-mining firm’s results only for the first quarter, while earnings for the entire year will not be much affected. Several analysts have [...]
