Sumber Kurnia Buana mine nears ?mine-out? phase

By Edgar Subroto

The coal mining operation of PT Sumber Kurnia Buana (SKB), which holds the third generation PKP2B coal contract of work in South Kalimantan, is nearing the stage of ?mine-out,? as it is expected to be only 2-3 years left, according to a source to Petromindo.com.

?Current production is only about 40,000-60,000 tons per month. The mine is near mine-out because it has been mined for the past 20 years,? the source said.

SKB produces high CV coal, but with high sulphur content (1.5-1.7%).

SKB is a unit of the Baramulti Group, but is not included in the coal assets listed on the Indonesia Stock Exchange under PT Baramulti Suksessarana Tbk (BSSR).

Editing by Reiner Simanjuntak