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Monday, 17 September 12
YEAR TO DATE, BUMA PRODUCED 231.1 MILLION BCM OF OVERBURDEN


COALspot.com - PT. Delta  Dunia Makmur Tbk has removed 31.5 million bcm (+6.0 percent YoY) overburden in August 2012 totaled 31.5 million bcm (+6.0 percent YoY) while coal production was at 2.8 million tons (+0.8 percent YoY), according to company's note. 

The company said that, the mining sites were closed for an average of 2.5 days in August 2012 due to Idul Fitri holiday. 

Year to date, BUMA produced 231.1 million bcm of overburden (+6.6 percent YoY) and 21.8 million tons of coal (-3.4 percent YoY). 

Average strip ratio in August 2012 was 11.3x versus 10.6x in July 2012 and 10.8x in August 2011.

North star Tambang Persada Ltd. is a 40 percent share holder of PT Delta  Dunia Makmur  Tbk and the remaining shares are held by Public.

PT Delta Dunia Makmur Tbk. is a holding company with an investment focus on mining services. Through its wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur is now the largest pure play mining contractor listed on the Indonesian Stock Exchange.

BUMA is the second largest coal mining contractor in Indonesia, providing mining services under long-term operating agreements with some of Indonesia's largest coal producers, such as PT Berau Coal, PT Adaro Indonesia, PT Kideco Jaya Agung and certain subsidiaries of PT Bayan Resources.

BUMA's full range of coal mining services include mining infrastructure development and construction, land clearing, removal of top soil, drilling and blasting, overburden removal, coal mining, hauling, reclamation and rehabilitation of mine sites.



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Tuesday, 04 September 12
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COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...


Monday, 03 September 12
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Sunday, 02 September 12
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COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...


Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
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Saturday, 01 September 12
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