Paramitha to start coal production mid-2009
Tuesday, June 3 2008 - 08:35 AM WIB
South Kalimantan coal miner PT.Paramitha Cipta Sarana will start production from its mine mid-of 2009 with initial output of 1 million tones, a company official said.
Jacob Suryanata, Executive Director of parent company PAM Group Mining told Petromindo.Com that output will increase to 2MTPA the following years.
The company, which operates under mining license (KP), hold a mining right in an area of 2,500 hectares in Balangan regency. According to the company?s brochure, indicated resources at the mine is 34 MT.
The company will produce coal with CV of around 5,500Kcal/kg. (denny)