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INDO MINES LTD (IDO:AU) has confirmed that it will start its Mangkok coal project, in Indonesia. Indo Mines has bought the project from Fireside Resources and is said to produce 000 t of thermal coal, or 300 000 t/y every month.
MD Phil Welten was quoted saying:
“The repayment will be used to facilitate the development of […]
INDO MINES LTD (IDO:AU) has confirmed that it will start its Mangkok coal project, in Indonesia. Indo Mines has bought the project from Fireside Resources and is said to produce 000 t of thermal coal, or 300 000 t/y every month.
MD Phil Welten was quoted saying:
“The repayment will be used to facilitate the development of the Mangkok coal project, including the mobilisation of the mining fleet, with mining operations expected to achieve coal production of 10 000 t in May, and 25 000 t in June 2010.”
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