SOUTH Sumatra has enormous potential to help ease Indonesia’s power shortages now and into the future by using its vast low calorific value lignite resources for mine mouth power generation, according to coal producer PT Pendopo Energi Batubara (PEB), however government assistance at local and national level is needed.
PT Pendopo Energi Batubara (PEB) was established in 1995 and in 1997 entered the 3rd Generation Coal Contract of Work (CCoW) with the Government of Indonesia. The CCoW covers 17,840 hectares in Pendopo, Muara Enim, South Sumatra.
TRIAL mining and processing by ABM Resources at the Old Pirate Gold Project in the Northern Territory has proved successful with head grades exceeding expectation and tail grades indicating high rates of in-plant recovery from gravity only processing. The company expected to wind up the trial by the end of December.
RECORD production and recovery rates at its three Australian mines have led Crocodile Gold to significantly increase its production guidance. These results along with quickening ramp-up of its Cosmo mine, its new Big Hill project and non-core asset divestiture plans mean that the TSX-listed company is poised for an even better 2014.