Cipta Kridatama bags $58.8m mining contract
Saturday, May 9 2015 - 03:05 AM WIB
By Romel S. Gurky
IDX-listed integrated energy company PT ABM Investama Tbk said Friday that its mining services subsidiary PT Cipta Kridatama has won a mining service contract from IDX-listed coal miner PT Mitrabara Adiperdana Tbk.
The company said in a statement Friday that the US$58.8 million contract was signed on May 6.
It added that under the three-year contract, Cipta Kridatama will carry out mining activities at Mitrabara?s mine in Malinau, North Kalimantan.
Editing by Reiner Simanjuntak