Cokal looks at smaller project on BBM tenement

Coal developer Cokal is evaluating the technical feasibility of a small-scale initial mine of up to 500 000 t/y in Indonesia. The company said on Thursday that the objective of the start up project was to deliver a low capital and low cost operation to produce a premium coal product in a relatively short time frame, and to generate positive cash flow to assist with the funding of the two-million tonne a year Bumi Barito Minerals (BBM) coking coal project.