coal mines

Commodities

Geo Energy Resources granted approval to increase coal production

Geo Energy Resources announced Wednesday that it has received approval from the Indonesian Government to increase its coal production quota to 12 million tonnes from 8 million tonnes in 2020.

M&A

One acquisition down, and a bigger one in the works for Geo Energy

(Sept 30): When Geo Energy Resources raised US$300 million in a bond issue in 2017, it was gearing up to buy additional assets. The interest rate of 8% a year on the bond — a hefty US$24 million a year — was something the Indonesia-based, Singapore-li
×