Adaro terus berkembang di 2013 - The ASIA Miner
Adaro terus berkembang di 2013 - The ASIA Miner
Adaro terus berkembang di 2013 - The ASIA Miner
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Indonesia<br />
Noble obtains Pan Asia stake<br />
Noble Resources International, a subsi<strong>di</strong>ary of Singapore-listed Noble<br />
Group has acquired a stake in Pan Asia Corporation and has also been<br />
appointed a strategic advisor to PT Transcoal <strong>Miner</strong>gy. PT TCM is developing<br />
a high CV thermal coal project in South Kalimantan and is 75% owned<br />
by Pan Asia. Noble will subscribe for 7 million shares amounting to 5.34%<br />
of Pan Asia and will appoint a non-executive <strong>di</strong>rector to Pan Asia’s board.<br />
Pan Asia CEO Alan Hopkins says, “We are very pleased to further<br />
strengthen the ties between the companies. We have a shared motivation to<br />
expe<strong>di</strong>te the advancement of production at TCM, and to pursue ad<strong>di</strong>tional<br />
growth opportunities. In particular, Noble has a strong understan<strong>di</strong>ng of and<br />
presence in the Indonesian coal industry and can provide Pan Asia with<br />
invaluable support in delivering the TCM project.”<br />
Harum completes KUP acquisition<br />
PT Harum Energy has completed the acquisition of 50.5% of PT Karya<br />
Usaha Pertiwi (KUP) for a total consideration of US$2 million. KUP holds<br />
a mining business licence (IUP) for a thermal coal concession in Kutai<br />
Kartanegara Regency, East Kalimantan. KUP’s concession area of about<br />
2700 hectares is adjacent to Harum’s Mahakam Sumber Jaya (MSJ) and<br />
Santan Batubara (SB) mines. Due to this proximity, KUP coal is expected to<br />
have similar characteristics to coal from MSJ and SB, and allow its future<br />
coal production to utilize most of Harum’s existing infrastructure.<br />
Pre-operation and exploration activities at KUP are expected to begin<br />
shortly. Harum’s operating mines produce low ash, low sulphur thermal coal<br />
with bituminous characteristics which are marketed to a <strong>di</strong>versified customer<br />
base in Asia.<br />
Indomining signs contractor deal<br />
Indomining, a subsi<strong>di</strong>ary of Toba Bara Sejahtera (TBS), has signed a<br />
US$115 million agreement with RPP Contractors Indonesia to develop a<br />
coal mine in East Kalimantan. Work to be undertaken includes land clearing,<br />
overburden removal, ripping, loa<strong>di</strong>ng and transporting waste management,<br />
road maintenance, and treating water.<br />
RPP replaces previous contractor Saptaindra Sejati, whose commitment<br />
had expired. Indomining’s concession, which covers 683 hectares of land, is<br />
in Sanga-Sanga, Kutai Kartanegara, East Kalimantan. Total coal reserves at<br />
the mine, which the company has operated since 2007, are estimated to be<br />
37 million tonnes.<br />
TBS owns a majority stake in three coal subsi<strong>di</strong>aries - Indomining<br />
(99.99%), A<strong>di</strong>mitra Baratama Nusantara (51%) and Trisensa <strong>Miner</strong>al Utama<br />
(99.92%). <strong>The</strong> company is targeting production of 12.1 million tonnes by<br />
2014, up from the 7.6 million tonnes estimated for 2012.<br />
Investama opens mine in Aceh<br />
With the opening of its new mine in Aceh, Sumatra, publicly-listed PT<br />
ABM Investama aims to sell 6 million tonnes of coal this year. Last year’s<br />
coal sales were slightly more than 4 million tonnes. <strong>The</strong> company has coal<br />
reserves and resources of 221 million and 561 million tonnes respectively.<br />
ABM Investama is a member of Tiara Marga Trakindo Group, the <strong>di</strong>stributor<br />
of Caterpillar heavy equipment, and runs its coal mining business<br />
through subsi<strong>di</strong>ary PT Reswara <strong>Miner</strong>gi Hartama, which has a concession<br />
in South Kalimantan held in turn by its subsi<strong>di</strong>ary PT Tunas Inti Aba<strong>di</strong>, and<br />
in Aceh held by yet another subsi<strong>di</strong>ary, PT Me<strong>di</strong>a Djaya Bersama.<br />
PHI Group acquires Tambang Sekarsa<br />
PHI Group has signed a definitive agreement to acquire 70% of equity<br />
ownership in PT Tambang Sekarsa Adadaya (TSA) for $10.5 million cash<br />
and stock. PT TSA owns a 9690-hectare coal concession with 71 million<br />
tonnes of measured coal resources and 205 million tonnes of in<strong>di</strong>cated<br />
resources in West Sulawesi. <strong>The</strong> agreement will see PHI pay a total of $5.25<br />
million in PHI Group common stock and $5.25 million in cash to TSA.<br />
<strong>The</strong> company intends to set the annual production level at 3 million<br />
tonnes by the second year of full operation.<br />
April <strong>2013</strong> l Coal Age Indonesia l 21