PT Samindo Resources Tbk (JKSE:MYOH) has postponed the acquisition of new coal mining concessions which initially targeted to be completed in 2013. Priyo Pribadi Soemarno, Business Development Director of Samindo Resources said that the company has not been able to determine the time of coal mines acquisition in East Kalimantan since the coal prices is still weak throughout this year. Priyo said, "We are still considering the feasibility issue.

If it's acquired with high prices, it will not be economically valuable."