Samindo Resources is a prominent investment holding corporation and also a public listed company in Indonesia, engaged in integrated coal mining services industry. As an integrated coal mining service company, we deliver the service that can provide solutions in every stage of coal mining operation.
The scope of Samindo Resources business includes four main activities in an integrated coal mining process. The company owns the majority of shares in four subsidiaries and operates two mining concessions in the province of East Kalimantan.
Samindo Resources shares are owned by various leading entities. Our goal is to create shareholder value in the long run by ensuring that we always stride for better performance.
Good Corporate Governance (GCG) is a reference for companies in running their daily operations to ensure that their operations are well manage. In line with the increased activity undertaken by PT Samindo Resources Tbk, the application of GCG principles is also increasing.
The practice of Corporate Social Responsibility (CSR) has the primary purpose of ensuring that the social interests of various stakeholder groups of Samindo Resources can be fulfilled appropriately and proportionately, especially for people living around the Company’s working environments.
The objective of coal exploration is to inventorying and to contain the coal data precipitation in the area of study for the coal outcrop locations and report the prospective area findings in the field. If the data obtained is strongly promising, it is expected that the studied area can be developed to a further level by preparing a feasibility study program.
Drilling activity is carried out at the coal company's area to obtain a more detailed and accurate data for reserves calculation. In addition, such data can also be used to gain information in regards to the coal quality and geological-technical data. As for the application of hydrogeological drilling is conducted to obtain the depth of water table and its quality.
PT Mintec Abadi carries out two drilling methods, i.e. open hole (boring) and coring:
Open hole is a drilling technique in which a hole is made on a certain area, as planned, up to a prescribed depth. Samples are obtained from the cuttings from each drill tip per run, or per boring pipe (and thus the samples are called cuttings). During the boring process, cuttings will be brought to the surface diluted in water and mud (as coal drilling normally uses water as the media for drilling mud).
Coring is a drilling technique that begins from the top to a prescribed depth, in which the sample is obtained without opening a hole (as in the open hole technique). This technique is preferred to obtain a more detailed stratigraphic data from the area that is bored.