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Geo Energy buys out a Kalimantan coal mine for US$90m
Acquisition doubles group's coal reserves; group to hold talks for billion-dollar supply deal over lifespan of mine
Published Mon, Jul 18, 2016 · 09:50 PM
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Singapore
GEO Energy Resources has added a third coal mine under its belt that will double its coal reserves to over 100 million tonnes following its latest acquisition of a mine in South Kalimantan, Indonesia for US$90 million.
Sweetening the prospec…
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