JAKARTA (Yosefardi) – Mining contractor firm PT Delta Dunia Makmur Tbk (DOID), through its unit PT Bukit Makmur Mandiri Utama (Buma), has been awarded new contracts worth US$300 million or Rp4 trillion by PT Sungai Dana Jaya, unit of Geo Energy Resources Ltd.
Buma is assigned to undertake overburden removal for 131 million bcm, transporting 43 million tons of coal, and providing heavy equipments.
DOID also plans to propose the extension of contract with coal miner PT Adaro Energy Tbk (ADRO). It targets to book revenues of US$520-560 million this year. The company plans to pay debt of US$50 million this year and allocates capital expenditure (capex) of US$56 million for this year.