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Friday, 20 April 12
BUMA HAS PRODUCED 2.6 MILLION TONS OF COAL IN MARCH 2012
COALspot.com - BUMA has removed 28.0 million bcm (+6.4% YoY) of overburden in March 2012 while coal production was at 2.6 million tons (+1.3% YoY).
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.
According to company statement, Average rain hours across the BUMA sites in March 2012 was 100.4 hours, 12.1% higher than the average in March 2011.
Year to date, BUMA produced 76.8 million bcm of overburden (+1.8% YoY) and 7.5 million tons of coal (-3.2% YoY).
Average strip ratio in March 2012 was 10.6x versus 10.4x in February 2012 and 10.1x in March 2011.
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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Thursday, 05 April 12
COAL EXPORT TAX: MATTER OF CONCERN FOR INDIA - SUNIL K KUMBHAT
COALspot.com - Since the issuance of Indonesian Mining law in 2009, miners have increased their activities in exploring , ex ...
Thursday, 05 April 12
AKR COAL FIRST EXPORT SHIPMENT OF COAL SEABORNE
PT Anugrah Karya Raya (AKR Coal) subsidiary of PT AKR Corporindo Tbk., Indonesia’s leading integrated supply chain solutions provider and larg ...
Thursday, 05 April 12
DRY BULK MARKET STALLS AS TREND IS REVERSED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has halted its month-long rally, with the BDI (Baltic Dry Index) retreating yesterday for a second consecutive session. Industry ...
Wednesday, 04 April 12
OIL MAY JUMP TO $150PB IF IRAN ATTACKED: EXPERT - KUNA / HELLENIC SHIPPING
Prices of oil will not drop below level of $100 per barrel and may jump to $150 pb in the coming two months, according to the prominent Kuwaiti expe ...
Wednesday, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA
Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected th ...
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- Chettinad Cement Corporation Ltd - India
- The University of Queensland
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- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
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- Samtan Co., Ltd - South Korea
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- Indian Energy Exchange, India
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- Parliament of New Zealand
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- Minerals Council of Australia
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- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
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- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
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- SMC Global Power, Philippines
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- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
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- Planning Commission, India
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- Siam City Cement PLC, Thailand
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- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
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- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
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- Merrill Lynch Commodities Europe
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- Billiton Holdings Pty Ltd - Australia
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