Feb 21, 2011

Delta Dunia Jan. overburden up 33.68%

Indonesia second largest coal contractor PT Delta Dunia Makmur Tbk (DOID), parent of PT Bukit Makmur Mandiri Utama (BUMA), today reported  montly coal production at 2.6 million tons in January this year. It was flat from a year ago.
In an official statement published today, January's coal production was a 18.75% decrease from December's position at 3.2 million tons.
In term of overburden removal, Delta Dunia posted 25.8 million bank cubic meter (bcm) last month, a 33.68% from 19.3 million bcm a year earlier. However, the overburden removal last month was a 5.49% lower than December's level at 27.3 million bcm.  

Disclosure: No position at the stock mentioned above.

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