Additional projects make Samindo overburden services beyond the target
The overburden removal activity conducted by PT Samindo Resources Tbk by the end of 2017 has exceeded the target. Of the predetermined target of 48 million bank cubic meters (bcm) to be 51.6 million bcm.
The company's integrated coal mining service provider in Indonesia also noted that overburden production grew 7.4% last year on an annual basis or year on year (yoy).
Samindo Resources Investor Relation, Zaki said the rise in overburden volume in 2017 also means that the number of overburden Samindo's exceeds the pre-set targets.
The 2017 target could be exceeded because of the addition of a new project with Bayan Group which contributed 2.3 million bcm of overburden. The amount is not too significant because the Bayan project only begins in mid-year.
"In addition, the production of overburden from KIDECO mine also increased by 2.5%," he explained.
According to Zaki, this achievement is encouraging because of various obstacles to inhibit the removal of overburden. As an example, the rainfall is very high during 2017. The puddle of mud in the pit is also automatically increased.