Straits Resources Upgrades Indonesian Coal Mine Reserves

23 August 2010 (Last Updated August 23rd, 2010 18:30)

Australia's Straits Resources has upgraded its coal reserves and resources at the Jembayan coal mine in Indonesia by 21%. The company said its marketable coal reserves at Jembayan has been upgraded to 127 million tons. Its total coal resources at the mine rose to 610 million tons,

Australia's Straits Resources has upgraded its coal reserves and resources at the Jembayan coal mine in Indonesia by 21%.

The company said its marketable coal reserves at Jembayan has been upgraded to 127 million tons.

Its total coal resources at the mine rose to 610 million tons, compared with 504 million at the end of 2009, reports Reuters.