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
07 Aug 2024, 08:38 AM

AMMAN Receives The Copper Mark Certificate

petrominer
2391 Views
News
16 Dec 2022, 10:00 AM

United Tractors (UNTR) Earns IDR 4.27 T from Nickel

www.emitennews.com
3114 Views
News
21 Oct 2024, 20:18 PM

MDKA Establishes Indonesia’s First AIM Processing Facility, Advancing Mineral Downstreaming and Co...

Istimewa
2943 Views
News
05 Oct 2022, 08:00 AM

Hengjaya shifts to nickel matte

www.asiaminer.com
4075 Views
Hello! We would like to talk to you.Please fill the details below to start chatting with us.