Home / Directory / List News / Detail News

United Tractors (UNTR) Spends IDR 4.45 Billion on Exploration

www.emitennews.com

Thu 13 Oct 2022, 08:00 AM

Share

Events

PT United Tractors (UNTR) spent IDR 4.45 billion in exploration funds. Exploration activities are carried out for the period July-September 2022.

The exploration activity was carried out by a subsidiary, namely PT Suprabari Mapanindo Mineral (SMM).

The cost of exploration activities for the July 2022 period was IDR 1.17 billion. Then, the cost of exploration activities for the August 2022 period amounted to IDR 3.28 billion, and the cost of exploration activities for the September 2022 period was IDR 0.

So, the total cost of exploration activities for the July-September 2022 period was IDR 4.45 billion.

Exploration activities are carried out in the Area of North Barito Regency, Central Kalimantan Province (Kalteng).

In the July 2022 period, PT SMM carried out drilling activities with a total of 11 points, and had varying degrees of depth.

Furthermore, in august 2022, PT SMM carried out drilling activities with a total of 39 points, and had varying degrees of depth.

Exploration activities are carried out by PT SMM assisted by several subcontractors.

PT SMM, the holder of a coal mining concession agreement for coal commodities. PT SMM is owned by United Tractors as much as 80.1 percent.

Established on June 13, 1991, the articles of association of PT SMM have changed from time to time.

Source: https://www.emitennews.com/news/lakoni-eksplorasi-enitas-united-tractors-untr-habiskan-anggaran-rp445-miliar

Advertisement

Relate News

News
01 Feb 2023, 14:32 PM

Implement Mining Private Network, PPA and Telkomsel Sign the MoU

www.sinarharapan.co
3285 Views
News
15 Sep 2022, 08:00 AM

Vale Indonesia signs HPAL deal with China’s Huayou

www.mining.com
3867 Views
News
05 Nov 2024, 23:25 PM

MDKA’s Projects Back Indonesia’s Energy Sufficiency

Handout Photo
1963 Views
News
30 Apr 2023, 12:00 PM

Bayan Resources (BYAN) Prepares Capex up to USD 250 Million for 2023

industri.kontan.co.id
4365 Views
Hello! We would like to talk to you.Please fill the details below to start chatting with us.