Two of Permata?s mines to start production
Wednesday, June 13 2012 - 12:38 AM WIB
Permata Energy Resources? subsidiaries of PT Interact Sacra Raya and PT Yama Bumi Palaka are expected to commence production this year.
?We hope Interact Sacra will commence production at end of this year? the source of the company has said, adding that Yama Bumi is still on feasibility study.
Permata currently has two concessions which have been in operation, namely PT Riau Baraharum in Indragiri Hulu, Riau, and PT Nusantara Termal Coal in Muara Bungo Jambi with this year?s production target of 4 million tons. Both are the holders of coal contract of work (CCoW) until 2035 and 2036 respectively.
Riau Baraharum has concession area of 24.450 hactares with total reserve of 32.965 million tons and calorific value of between 5,200 and 5,400 (ARB).
Nusantara Termal Coal has concession area of 2.832 hectares with total reserves of 29.304 million tons and calorific value of 5,300 ? 5,500 (ARB).
Editing by David Mustakim