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Andaman Group Expects Coal Mining To Contribute 30 Pct Of Net Profit
Andaman Group, which involved in property development, forestry, plantation and mining, expects its recently-acquired coal-mining concessions in Indonesia to contribute 30 percent of the group’s net profit this year, based on rising demand from India, China, Japan and South Korea.
President Datuk Dr Patrick Teoh Seng Foo said the two mining concessions were expected to start [...]
KAL Energy, Inc. Files Super 8K
Kal Energy, Inc. (”KALG”) is pleased to announce that an 8K has been filed disclosing the details of the acquisition of Thatcher Mining Pte (”Thatcher”). Thatcher has the rights to several coal concessions situated near the Mahakam River in North Eastern Kalimantan, Indonesia. In a geological report prepared by Consulting Geologist, Jonathan O’Dell, it is [...]
