Kangaroo Resources Limited


 Kangaroo Resources Limited (ASX:KRL) is an emerging international mining Company with eight coal projects in the East Kalimantan region of Indonesia.

The Company's projects host coking and thermal coal resources which will see KRL emerge as a significant Indonesian coal producer, with first production achieved in December 2009.

KRL is committed to building a sustainable mid-tier mining house, focusing on Indonesian coal and using the considerable experience and expertise of its exceptional in-country partners to fast track development and production.

The Company's medium term strategy entails vending in valuable new coal projects, while at the same time continuing to build production in the short term from up to three existing projects. 

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Australian Market Report of December 29, 2010: Kangaroo Resources (ASX:KRL) Announce A$277M Acquisition of Indonesian Thermal Coal Project

🕔12/29/2010 1:30:00 PM 11648

Australian Market Report of December 29, 2010 includes: Kangaroo Resources Limited (ASX:KRL) announce A$277 Million acquisition of Indonesian Thermal Coal Project; Dai-ichi (TYO:8750) is to acquire TOWER Australia Group (ASX:TAL) for future development in the Australian Insurance Market; Uran Limited (ASX:URA) has entered into an option to earn interest in near-production Manganese projects in Zambia; Imperial Corporation Limited (ASX:IMP) announced US$60.25 million acquisition of US oil assets.

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Australian Market Report of October 26, 2010: Territory Uranium Company Limited (ASX:TUC) Exciting Rare Earth Discovery In The Northern Territory

🕔10/26/2010 1:30:10 PM 25292

Australian Market Report of October 26, 2010 includes: Territory Uranium Company Limited (ASX:TUC) announced exciting Rare Earth discovery in the Northern Territory; Kangaroo Resources Limited (ASX:KRL) has re-commenced barging operations at its Mamahak Coking Coal Project in Indonesia; Elementos Limited (ASX:ELT) has discovered high-grade, polymetallic mineralisation in Argentina; BC Iron Limited (ASX:BCI) received final mining approvals for the Nullagine Iron Ore Joint Venture Project in Western Australia.

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