INDONESIA - Cokal signs MOU for coal infrastructure

Australian coal group Cokal has signed Memorandums of Understanding (MoU) to develop two river ports and two small scale coal-fired power stations in Indonesia’s central Kalimantan. The agreements have been signed with the Murung Raya regency, with the aim of exporting coal from the region by mid-2013.  1

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INDONESIA - Finders secures Wetar offtake partner

Finders Resources has secured offtake partners for 100% of the copper cathode from its Wetar project on Indonesia’s Wetar Island. An offtake agreement has been signed by Standard Bank for up to 60% of all copper cathode from Wetar while Tenant Metals previously signed an agreement to market 40% of offtake.  1

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INDONESIA - Highest ever Tujuh Bukit intersection

Intrepid Mines says the latest assay results from a deep drill hole at the Tumpangpitu copper-gold porphyry deposit within its Tujuh Bukit project in Indonesia have returned the highest grade copper and gold intersection to date.  1

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