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coal mining site indonesia mar

Collapse. The Jembayan thermal coal operation covers an area of over 12,000ha in East Kalimantan, Indonesia, some 150km north-west of Balikpapan and 80km from the sea. Straits Resources subsidiary Straits Asia Resources (SAR) completed its acquisition of the mine in 2007 in a deal worth $350m, which was made up of $275m in cash and the issue of 75 million SAR shares to the vendors, representing …

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