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Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH


COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to company’s press release.

Average rain hours across the BUMA sites in December 2011 was 96 hours, 29.2% higher than the average in December 2010.  Year to date, BUMA produced 334.1 million bcm of overburden (+14.3% YoY) and 34.7 million tons of coal (-1.0% YoY). 

The statment further said that,  strip ratio in December 2011 was 9.4x versus 9.0x in November 2011 and 8.6x in December 2010.  Average strip ratio during 12M11 was 9.6x (+15.5% YoY).

About Delta Dunia
PT Delta Dunia Makmur Tbk. is a holding company with an investment focus on mining services. Through its wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur is now the largest pure play mining contractor listed on the Indonesian Stock Exchange.

BUMA is the second largest coal mining contractor in Indonesia, providing mining services under long-term operating agreements with some of Indonesia's largest coal producers, such as PT Berau Coal, PT Adaro Indonesia, PT Kideco Jaya Agung and certain subsidiaries of PT Bayan Resources.

BUMA's full range of coal mining services include mining infrastructure development and construction, land clearing, removal of top soil, drilling and blasting, overburden removal, coal mining, hauling, reclamation and rehabilitation of mine sites.



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Sunday, 01 July 12
DSP OF SGX ASIACLEAR OTC COAL SWAP'S THIS WEEKS MOVEMENTS SLIGHTLY POSITIVE
COALspot.com - SGX AsiaClear OTC Coal Swaps have recovered slightly this week and Q4 deliveries are also showing positive direction. SGX’s ...


Saturday, 30 June 12
THE FREIGHT RATES ARE EXPECTED TO BE STEADY TO FIRM NEXT WEEK - VISTAAR SINGAPORE
COALspot.com – The  BDI was up by 2.66 pct (up by 26 points) closing at 1,004 points crossing the 1000 point barrier this week. The c ...


Friday, 29 June 12
INDONESIAN PRODUCERS ARE PLANNING TO CUT PRODUCTION IF COAL PRICES FALL FURTHER
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped  31.54* million tons of coal in May 2012, compared to 31.86* mill ...


Friday, 29 June 12
DRY BULK SHIP OWNERS DOING THEIR MATHS BEFORE PLACING NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
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