MYOH realized 30 million BCM overburden removal volume until July 2019

KONTAN.CO.ID -JAKARTA. In the period of January to July 2019 PT Samindo Resources Tbk managed to record the volume of overburden removal or overburden removal of 30 million bank cubic meters (BCM).

Samindo Resources Investor Relations, Ahmad Zaki said the figure increased 3.45% from the realization in the January-July 2018 period of 29 million BCM.

This year MYOH is aiming for a volume of overburden removal of 58.1 million BCM. He is optimistic that in the second semester he can pursue production targets.

"Rainfall is already quite low, hopefully in the second semester we can pursue it (target), because the initial semester of rainfall is still high," he said, Wednesday (8/21).

Indeed, in January-June the volume of overburden stripping was 25.37 million BCM down slightly from the same period the previous year of 25.39 million BCM.

While the realization of coal getting as much as 5.8 million tons in the first half of this year, up from the same period of the previous year 4.4 million tons.