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.
Jakarta - PT Samindo Resources Tbk (the company) which is a coal mining service provider company, has reached an agreement with PT KIDECO Jaya Agung to continue the mining services contract with four subsidiaries. This cooperation is expected to benefit each side.
The four subsidiaries are PT SIMS Jaya Kaltim (overburden removal and coal getting), PT Samindo Utama Kaltim (coal hauling), PT Trasindo Murni Perkasa (coal hauling), and PT Mintec Abadi (exploration drilling).
Samindo's subsidiary until now has more than 15 years serving KIDECO Jaya Agung. During the management of KIDECO Jaya Agung mine, four of Samindo's subsidiaries have made many innovations that have an impact on performance. Hopefully this kind of thing can continue in the future.Investor Relations Samindo Resources Zaki refers to the agreement with KIDECO Jaya Agung, Samindo sure that by 2018 the production target will increase every year. The conviction comes because the target for the next six years should be higher than the 2017 target.
Investor Relations Samindo Resources Zaki refers to the agreement with KIDECO Jaya Agung, Samindo sure that by 2018 the production target will increase every year. The conviction comes because the target for the next six years should be higher than the 2017 target.
"We also expect the Bayan project to run well in 2018 and can contribute positively to the operational performance of the Company," said Zaki, in a written statement, in Jakarta on Monday, November 21, 2017.
Based on the agreement between subsidiary company with KIDECO Jaya Agung, starting 2018 annual production target will increase every year. One of the agreed points is that the 2017 target will serve as the lower limit in the calculation of future targets in the future. On the agreement it is certain that production targets will continue to increase from year to year.
Apart from the contract with KIDECO Jaya Agung, the company has now secured a medium-term contract with Bayan Group for overburden removal and coal production activities. In 2018 the Bayan project will contribute significantly to the company's operational performance.