103 Mt of coal left at KPC's Bengalon mine

By Edgar Subroto

IDX-listed mining contractor PT Darma Henwa Tbk said there was 103 million tons of "economic reserve" left as of Dec 2012 at the Bengalon block in East Kalimantan owned by its client PT Kaltim Prima Coal (KPC).

Darma said that the Bengalon mine is expected to finish in the next 12 years. The mining services contract until the ?economic reserve? of the Bengalon mine has run out. Darma also said that there is no annual minimum production requirement from KPC.

This year, Darma expects coal delivery target reaches 9.14 million tons, with up to 82.79 million BCM of overburden removal.

Darma and KPC are both controlled by Indonesia-listed mining giant PT Bumi Resources Tbk.

Editing by Reiner Simanjuntak