| LSE Exchange | Indonesia Country |
PT Golden Eagle Energy Tbk, established in 1980 and headquartered in Jakarta, Indonesia, operates in the coal mining sector, specifically in the regions of East Kalimantan and South Sumatera. Initially known as PT Eatertainment International Tbk, the company underwent a name change in August 2012, signifying a strategic shift towards energy resources. It is presently a subsidiary of PT Geo Energy Investama. The company’s business operations extend across a significant area, with mining concessions covering approximately 3,238 hectares in Palaran, Samarinda, East Kalimantan, and another 2,143 hectares in North Musi Rawas Regency, South Sumatera. Besides its primary coal mining activities, PT Golden Eagle Energy also engages in supporting mining services and coal transportation, catering to both domestic and international markets.
PT Golden Eagle Energy Tbk specializes in the extraction of coal from its concessions in East Kalimantan and South Sumatera. The company utilizes its strategic locations for the efficient mining and production of coal, catering to the high demand for energy both in Indonesia and globally. With vast coal reserves, it focuses on sustainable mining practices to ensure long-term resources availability.
The company offers a comprehensive range of support services for mining operations. These services encompass the planning and execution phases of mining, including exploration, excavation, and site management. By providing these essential services, PT Golden Eagle Energy Tbk enhances the efficiency and safety of coal mining projects, ensuring compliance with environmental and regulatory standards.
Apart from mining, the company also provides vital coal transportation services. These services facilitate the movement of coal from mining sites to processing facilities and, ultimately, to end-users. Utilizing a network of logistical channels, including road, river, and sea transport, PT Golden Eagle Energy Tbk ensures timely and cost-effective delivery of coal, meeting the needs of both domestic and international markets.