COMPANY ACTIVITY

Indonesian project sharpens before BFS

INDONESIA-focused thermal coal explorer Realm Resources has resumed drilling at its flagship Kati...

Justin Niessner
Indonesian project sharpens before BFS

The move represents a continuation of an exploration program started last September at the tenement’s promising southeastern quadrant, where low strip ratios and favorable coal quality results have been logged.

Testwork earlier this year resulted in 92 million tonnes of inferred and 10.2Mt of indicated coal at the project.

Katingan Ria, in the island of Borneo’s densely forested Central Kalimantan province, completed 554m of drilling in the latest stage of exploration.

In addition to resumed drilling, Realm announced the continuation of engineering studies and optimization work. This is aimed at reducing cash costs and enhancing economics ahead of a BFS anticipated for release by year-end.

Katingan Ria’s mine plan was designed to extract about 40Mt of coal over 15 years, at an annual production rate of 3Mt after a two-year ramp up.

The project is permitted to allow coal mining after the upgrade of a forestry permit received in June 2011.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets