Insider Stories reported that coal miner PT Berau Coal a 90% owned subsidiary of PT Berau Coal Energy Tbk is busy to hold exploration in Block 1 Binungan mine site (Prapatan) with a target production of 500,000 tonnes.

The output expansion is intended to underpin BRAU's annual production of 23 million tonnes. BRAU is now 85% controlled by Bumi Plc, a London based company that was founded by Nathaniel Rothschild.

Mr Bintoro Prabowo public relations manager of Berau Coal said the company started a mining construction at Prapatan last month.

He said that "Reserves at Binungan site is estimated about 10 million tonnes. We expect to produce 500,000 tonnes of coal next year.”

Berau Coal produced 17.3 million tonnes last year, 20.3 million tonnes this year and 23 million tonnes next year.

(Sourced from Insider Stories)