Indomining jetty damaged by vessel collision
Wednesday, November 5 2014 - 02:23 AM WIB
By Romel S. Gurky
IDX-listed coal miner PT Toba Bara Sejahtera Tbk said that coal jetty owned by its indirect coal mining subsidiary PT Indomining in East Kalimantan was hit on October 28 by a third-party vessel.
The company said in a statement last week that it was currently taking measures to minimize the impact on the overall coal mining operation of Indomining, which operates a 683 concession in Sanga-Sanga, Kutai Kartanegara Regency, East Kalimantan Province.
According to JORC estimates by mining consultant PT SMG Consultants, as of December 31, 2011, Indomining?s total reserves stood at 22 million tons and total resources at 37 million tons.
Editing by Reiner Simanjuntak