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News: CKA Cokal Commissions Mining Contractor To Deploy Additional 3 Fleets Of Mining Equipment

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    20/05/24
    10:20
    Post #: 73908477

    May 20 (Reuters) - Cokal Ltd (CKA) :

    • COMMISSIONED MINING CONTRACTOR TO DEPLOY AN ADDITIONAL THREE FLEETS OF MINING EQUIPMENT TO BBM MINE SITE
    • ESTIMATES AMOUNT PAYABLE TO MINING CONTRACTOR WILL TOTAL US$12.4M TO DECEMBER 2024
    • INCREASE FROM 2 TO 5 OPERATING FLEETS TO INCREASE CO'S OVERBURDEN REMOVAL CAPACITY TO ABOUT 450,000 TO 550,000 BCM PER MONTH
    • ADDITIONAL FLEETS WILL RAMP-UP SALEABLE COAL PRODUCTION FROM BBM TO 25,000 TONNES PER MONTH
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