EPI International Journal of Engineering
Vol 3 No 2 (2020): Volume 3 Number 2, August 2020

Revenue Estimation of Pit Seam 14 Quarter Mine Block Sequence Design Based on Coal Reference Price Prediction at PT Alam Jaya Pratama, East Kalimantan Province

Aryanti Virtanti Anas (Department of Mining Engineering, Engineering Faculty, Hasanuddin University)
Rahmat Hidayat (Department of Mining Engineering, Engineering Faculty, Hasanuddin University)
Rizki Amalia (Department of Mining Engineering, Engineering Faculty, Hasanuddin University)
Muhammad Ramli (Department of Mining Engineering, Engineering Faculty, Hasanuddin University)
Nirmana Fiqra Qaidahiyani (Department of Mining Engineering, Engineering Faculty, Hasanuddin University)
Yoga Apri Disetia (Mine Planning Department, PT Alam Jaya Pratama, East Kalimantan Province)



Article Info

Publish Date
30 Aug 2020

Abstract

Seam 14 is one of coal prospects owned by PT Alamjaya Bara Pratama (PT ABP) with an estimated coal resources of ±4,022,458.63 tons which is will be produced in 2020 so that required a pit and mine sequence design used as a guideline in carrying out coal production activities. On the other hand, the uncertainty of coal prices caused the mine sequence design to be evaluated within a certain time as the coal reference price (HBA) was altered and company’s production target. The model equation of coal reference price prediction in 2020 was carried out by using multiple linear regression method. Based on that model, prediction of coal reference price was obtained in CW 1 = $80.21, CW 2 = $81.47 and CW 3 = $82.50. The Pit 14 was designed with the consideration of company's geotechnical recommendation which is can be achieved on the conditions of stripping ratio (SR) of 6 and 7. The mine sequence was designed base on the evaluation of coal production in 2019 (CW 1 = SR > 3, CW 2 = 3 ≤ SR ≤ 6 and CW 3 = SR > 6). The calculation results of estimated revenue of Pit 14 with SR = 6 is CW 1 = US$40,131,297.12; CW 2 = US$36,431,457.31; and CW 3 = US$19,601,965.40. Estimated revenue of Pit 14 with SR = 7 is CW 1 = US$41,821,080.50; CW 2 = US$39,204,128.39; and CW 3 = US$31,715,767.60.

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Journal Info

Abbrev

epiije

Publisher

Subject

Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Electrical & Electronics Engineering Engineering

Description

EPI International Journal of Engineering (EPI-IJE) is published and managed by Center of Technology, Faculty of Engineering, University of Hasanuddin (CoT, FoE, UNHAS), Indonesia. The main objective of this international journal is to create publishing opportunities and to disseminate knowledge in ...