Samindo Resources's volume of overburden removal reached 16.8 million BCM until April 2019
JAKARTA. PT Samindo Resources Tbk targets overburden removal of 58.1 million bank cubic meters (BCM) this year.
Samindo Resources Investor Relations, Ahmad Zaki, said that the total OB volume until April 2019 had reached 16.8 million BCM, up 1.6%. "While for total coal getting up to April 2019, it will reach 4.1 million tons, up 45.6%," he told Kontan.co.id, Monday (5/27).
In total, the issuer coded MYOH shares targeted coal production of 10.8 million tons in 2019.
Now Samindo Resources is also waiting for a new contract. Ahmad Zaki targets this new contract to be obtained this year. "The progress is still the same, only the approaches," he said.
In Kontan's record, the issuer coded MYOH shares is eyeing a contract for work at the Jambi location. From this mine location it has the potential to produce 1 to 2 million tons of coal per year. This is in line with MYOH's acquisition of business licenses in areas other than Kalimantan.