ARCHIVE

Indus delivers maiden resource in Sumatra

INDUS Coal hopes to have started up a 2 million ton per annum mine in Indonesia's Jambi province ...

Staff Reporter
Indus delivers maiden resource in Sumatra

The company announced its maiden drilling results for one of the Jambi project’s three concessions Wednesday, adding that it was working hard towards monetizing the operation with a feasibility study underway.

Drilling has resulted in estimated JORC-indicated and inferred coal resources of 94 million tons in Block 9 of the tenement in central Tebo district in Jambi, eastern Sumatra.

The 9000m drilling program is being conducted by eight rigs over a 6km strike distance. Indus said an ongoing drilling program would continue to further define and increase resources, with the hope of moving some indicated resources to the measured category.

Assays returned to date for the concession’s key coal seam have indicated consistent gross calorific values values of 5000-5400 per kilogram, confirmed from 28 core holes.

Indus executive director Vinay Hariani said the drilling has returned “an outstanding result for Indus and exceeds our expectations”

“The ongoing drilling program will define further and extend the indicated resource category. Indus will release an updated coal resource estimation for Block 9 when further drilling and assaying has been completed.

“We are working very closely with GMS on the mining engineering and the completion of a feasibility study for the opening of a coal mine on Block 9, which produces 2Mtpa of thermal coal.

“Preliminary mine planning has commenced by modeling a first open pit in order to mine coal over a strike distance of 2.8km in length across a width of about 500m.”

The planned mine is slated to be a low-cost open-pit operation producing export-grade thermal coal for Chinese and Indian markets, Indus said.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production