PERTH (miningweekly.com) – Coal developer Cokal Coal has reported a coal reserve estimate of 20.2-million tonnes of run-of-mine (ROM) coal for its Bumi Barito Mineral (BBM) project, in Indonesia.
The ROM reserve estimate included 13-million tonnes classified as proven, with a further 7.2-million tonnes classified as probable. A total marketable reserve of 16.9-million tonnes has been confirmed as metallurgical coal.
First production from the BBM project has been targeted for the end of the fourth quarter, with the project expected to cost some A$20-million to develop, to deliver some 2.5-million tonnes of premium low voltage pulverised injection coal over a mine life of five years.
Edited by: Creamer Media Reporter
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