SARI
iii
TECHNICAL AND ECONOMIC STUDY OF MINING ANDESITE
AND URUG STONE IN PT PUSPA JAYA MADIRI IN CIKALONG
KULON DISTRICT, CIANJUR REGENCY, WEST JAVA
PROVINCE
ABSTRACT
PT Puspa Jaya Madiri is one of the non-metallic mineral mining company that
has obtained WIUP Batuan Sirtu in Mekarsari Village, Cikalong Kulon Subdistrict,
Cianjur Regency, West Java Province. Furthermore PT Puspa Jaya Madiri has also
obtained a Letter of Decision of the Head of Investment and Licensing Board of
Integrated West Java Province dated July 19, 2016.
Based on the exploration activities that have been done, the amount of andesit
reserve of 2,662,303 BCM (consisting of andesites of 62.6%, andesite lava of 4.65%,
andesite basaltic of 32.75%) with overburden of 5,277,945 BCM with mine life ie 10
years with an average production target per-year that is equal to 344,881 BCM. The
studies are geotechnical studies, mine drainage, mine planning, mineral processing
and mining safety.
The result of geotechnical study obtained a single bench recommendation with
high geometry 10 m slope and 60o slope angle. Recommendation for overall bench
with high geometry of 106,6 m slope with 45o slope angle.
For mining activities carried out with the sequence of stripping and cover
placement of land cover, mining by blasting and then carried out the transportation
and processing of minerals. For the drainage ditangan mine, making settling pond,
and the procurement of pumps as much as 1 pump. Processing of excavated material
done with primary crusher with jaw crusher, secondary crusher with cone crusher and
sizing / screening tool with vibrating screen tool. Processing of excavated material
that is tailored to the product to be marketed is Makadam I -125mm + 70mm,
macadam II -70mm + 50mm size, split stone -50mm + 30mm, split-sized stone -30mm
+ 20mm, split stone -20mm + 10mm, concrete sand measuring -10mm + 5mm and
stone ash -5mm size.
Discounted Cash Flow Analysis (DCF) is an investment-related analysis that
takes into account the time value of money and discount rate calculated by the
Weighted Average Cost of Capital method of 11.4%. Cash flow is calculated per year
with the objective of evaluation determined through Cash Outlow reduction from Cash
Inflow resulting from investment activity. Based on analysis result of DCF analysis,
Net Present Value value is Rp. 88.429.176.346 Internal Rate of Return is 88,5%, with
Payback Period is 1 year 5 months, then this project is feasible to run.
iv