Sebuku, Jembayan record upward trend of production

By Puspita Maylana Devi

Operating margins at Sebuku and Jembayan were bolstered by higher production and reduction in operating costs, the Singapore-listed Sakari Resources Limited said in quarterly report.

Sebuku secured production reaching a record high of 1,082Kt, 146% higher than Q3?11 of 439Kt. "Production is well on track to reach our targets for 2012 and provides the foundation for further production growth next year," it said.

Jembayan?s cash costs have reduced from their peak in Q1?12 of $68/t to $54.7/t in Q3?12.

Jembayan?s production continues its upward trend with production reaching 2,350Ktons or 4% higher than Q3 2011 of 2,249Ktons, the highest quarterly rate for 2012. The significant turnaround from. Q1?12 keeps the mine on track to achieve the revised mine plan set early in 2012.

Sebuku	Q3?12	Q3?11	YTD?12	YTD?11
Coal mined	1,082	439	2,537	1,217
Product coal	755	338	1,945	1,014
Sales	809	368	1,869	963
Jembayan
Coal mined	2,350	2,249	5,922	6,589
Product coal	2,307	2,441	5,827	7,218
Sales	2,455	2,125	6,103	6,686
Total
Coal mined	3,432	2,688	8,459	7,806
Product coal	3,062	2,779	7,772	8,232
Sales	3,264	2,493	7,972	7,649

Editing by Adianto P. Simamora