NTC allowed to resume coal production
Thursday, March 19 2009 - 08:16 AM WIB
Ministry of Energy and Mineral Resources has lifted production ban on Jambi coal miner PT. Nusantara Thermal Coal (NTC) after it agreed to comply with government?s demand to improve mining operations and repair environmental damages.
Ministry?s senior official MS Marpaung told Petromindo.Com that the ban was lifted last week and the company had recommenced mining operations.
The ministry last year ordered NTC temporary closure as the company did not adhere to good and safe mining method.
According to Petromindo.Com data, NTC holds a 30-year concession over the mine under a Coal Contract of Work with the Indonesian Government. The Muara Bungo Concession, which covers an area of 28.6 km2, has JORC Code compliant proved ore reserves of 22.9 million tons and probable ore reserves of 1.1 million tons, as well as measured resources of 31.7 million tons and indicated resources of 5.2 million tons. (alex)