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Last Updated : 26 August 2009 at 17:30 IST
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Jakarta’s ANTAM seeks BHP coal mine

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Commodity Online
Indonesian Aneka Tambang (JAK:ANTM) is willing to take an active participation with the mining working area (WKP) which is owned by Australian mining major BHP Billiton (ASX:BHP) in Maruwai, Central Kalimantan.

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PT Aneka Tambang Tbk is an Indonesia-based diversified mining and metals company. BHP Billiton Ltd. is a diversified natural resources company.

ANTM is presently practicing a due diligence activity to acquire a mining authority in one of the WKP and it has prepared US30 million for the proposed acquisition.

BHP gained 0.93% at Australia Stock Exchange on Wednesday closing at 38.15. It touched a 52-week high of 42.07 and low of 20.
NCDEX SILVERINTLJUN2012 28 June 2012 contract was trading at Rs 0 . What's your view on it?
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