Antam Tbk Research Articles

Analysis of Net Profit on Assets and Net Margin as a Measure of Company Value

Many companies are trying to increase the value of the company, this is done, because the management is aware of the limitations, and the importance of long-term investment for the progress of the company. This study tries to analyze financial fundamentals, namely in terms of net income from assets. The research method is based on quantitative, namely analyzing financial statement data as a source of analysis. The object of research is PT Antam Tbk, with the amount of data used for 11 years (2010-2020). The data was taken based on the determination of the criteria, namely purposively. The results of the study stated that the increase in the value of PT Antam's company was due to good profits, especially the aspect of net profit margin. In other words, NPM is the main source in PT Antam's earnings management, thereby leading to a better market response. What is interesting is the contribution value of ROA and NPM, showing a large portion, namely 71.5%. This confirms, if profit is the main factor in increasing the value of the company.

Pengaruh Reward dan Punishment terhadap Motivasi Kerja Karyawan di PT Antam Tbk UBPE Pongkor Departemen Process Plant

ABSTRACT
 Employee work motivation must always be maintained and improved, one way is by implementing rewards and punishments. To improve effective performance, organizational agencies can pay attention to the most important thing, namely meeting the needs of their employees. The objectives of this study include (1) to analyze the effect of reward on employee work motivation (2) to analyze the effect of punishment on work motivation (3) to analyze the effect of reward and punishment on employee motivation at PT Antam Tbk, UBPE Pongkor. The method used in this research is quantitative method with descriptive analytic type of research, data collection is done through a questionnaire, with an active employee population of PT. Antam tbk UBPE pongkor. The method of determining the sample using the tabachic and Fidell method, the number of samples used in this study is 60 PT.Antam.Tbk, UBPE Pongkor employee respondents, the data used and processed is primary data. This study uses multiple linear regression analysis using the statistical package for the social sciencess (spss) version 21 program. Based on the results of statistical calculations, it shows that (1) the reward variable has no positive and not significant effect, (2) the punishment variable has a positive and significant effect (3) the reward and punishment variables together have a significant and significant effect on the work motivation of employees at PT Antam Tbk, UBPE Pongkor.
 
 
 
 
 

Pengaruh Reward dan Punishment terhadap Motivasi Kerja Karyawan di PT Antam Tbk UBPE Pongkor Departemen Process Plant

ABSTRACT
 Employee work motivation must always be maintained and improved, one way is by implementing rewards and punishments. To improve effective performance, organizational agencies can pay attention to the most important thing, namely meeting the needs of their employees. The objectives of this study include (1) to analyze the effect of reward on employee work motivation (2) to analyze the effect of punishment on work motivation (3) to analyze the effect of reward and punishment on employee motivation at PT Antam Tbk, UBPE Pongkor. The method used in this research is quantitative method with descriptive analytic type of research, data collection is done through a questionnaire, with an active employee population of PT. Antam tbk UBPE pongkor. The method of determining the sample using the tabachic and Fidell method, the number of samples used in this study is 60 PT.Antam.Tbk, UBPE Pongkor employee respondents, the data used and processed is primary data. This study uses multiple linear regression analysis using the statistical package for the social sciencess (spss) version 21 program. Based on the results of statistical calculations, it shows that (1) the reward variable has no positive and not significant effect, (2) the punishment variable has a positive and significant effect (3) the reward and punishment variables together have a significant and significant effect on the work motivation of employees at PT Antam Tbk, UBPE Pongkor.
 
 
 
 
 

Coastal Community Empowerment Strategy through PT. Antam (Persero) Tbk UBPN Southeast Sulawesi’s CSR Program

This article attempts to analyze the coastal community empowerment strategy of PT. Antam (Persero) Tbk UBPN Sultra’s CSR program. A company which engages in the mining industry should be aware of the impact caused by its activity. 53% of people living in coastal areas, especially for fisherman communities seen their icome decreased. This research used qualitative descriptive approach to examine the company, local government, yayasanbahari, and coastal communities beneficiaries as its unit analysis while also using data collection techniques such as interviews, observation, and documentation to filter the appropriate data. The sustainable economy-based coastal community empowerment program has been carried out since 2017 in 3 (three) villages in Pomalaa District, Kolaka Regency, Southeast Sulawesi. The findings of this research are: a) there is social jealousy between groups of fisherman due to difference in ethnical identities of Bugis, Bajo, and Makassar tribes. This conflict is known as primordial conflict and can be reduced by the creation of trust via interaction between YayasanBahari and coastal communities; b) there is class conflict between the boss and labor fisherman. The interaction between the two is known as the patron-client relationship that has lasted for a long time and has prevent the coastal communities to become self-sustaining.

PENGARUH KOMPETENSI DAN MOTIVASI TERHADAP KINERJA KARYAWAN PT ANTAM TBK UBPP LOGAM MULIA

This study aims to determine the role of competence and motivation in improving the performance of employees of PT. Antam Tbk UBPP Logam Mulia. The sample taken in this study were all employees, amounting to 102 people. Based on the results of hypothesis testing shows that competence and motivation have a positive and significant effect on employee performance at PT. Antam Tbk UBPP Logam Mulia.

ANALISIS VOLATILITAS DAN FORECAST SAHAM PT ANTAM (PERSERO) Tbk. DAN PT ADARO ENERGY Tbk. DENGAN GARCH, EGARCH DAN GJR

An extraordinary event that causes shock can affect volatility which causes asymmetric variance and error or commonly called asimetric shock / effect. This paper aims to analyze the volatility of stock returns of PT ANTAM (Persero) Tbk and PT Adaro Energy Tbk in the period of 2008 to 2016. The research results show that ANTM and ADRO have a GARCH effect and also have a leverage effect where the optimal model is found in the GJR model (0,1,1) for ANTM and GJR (1,1,1) for ADRO. Forecasting results shows that ADRO has higher volatility but in a relatively low percentage of volatility about 0.001 while ANTM have a tendency to decrease volatility with a fairly large percentage of volatility about 0.0025.

PENGARUH INFLASI, KURS DOLAR AS, DAN SUKU BUNGA (BI), TERHADAP PENENTUAN HARGA EMAS

Investing gold is one of the right choices to avoid losses due to the economy that is sometimes uncertain, gold investment is a low-risk investment instrument, gold is a good hedge option because gold is not affected by inflation or zero inflation. This study aims to determine the effect of inflation, US Dollar Exchange Rates, and Interest Rates (BI), on the Gold Price. The sample used in this study is the company PT Antam Tbk, 2014-2018, where the company is a company engaged in the sale of gold and other metals, as well as a company that sets the price of gold in Indonesia. This study uses a quantitative approach. The data used are secondary data from 2014-2018. The data analysis technique used is time-series data with multiple linear regression methods of panel data using Eviews 9. Based on the analysis found that partially (t-test) inflation has a significant positive effect on the price of gold, while the US dollar exchange rate has a positive effect not significant to the price of gold. And simultaneously (Test F) Interest Rate (BI) has a significant negative effect on the price of gold.

3D inversion modelling of gravity data to identify gold mineralization zones in region “X”, Pongkor

Gold originates from hydrothermal liquids and is deposited in the form of epithermal deposits. Structures such as faults play an important role in the process of gold deposition because they form hydrothermal flow paths to the surface. One method that can be used for gold exploration is the gravity method. This method can identify gold mineralization zones in the faults of a research area. Three-dimensional (3D) inversion modeling can be used to obtain further information on a target. Such modeling allows the process to be more realistic because the geometry model can be fitted to the actual conditions in the field, which allows the measurements to be more accurate. The gravity data acquisition for this study was performed by PT. Antam Tbk gold mining company in Pongkor. The hydrothermal deposit area is categorized as containing low sulfidation epithermal deposits. Analysis and interpretation of the gravity data were performed using derivative analyses, a spectrum analysis, and 3D gravity inversion modeling. The results show gold mineralization zones in the middle of the study area that have high gravity anomalies at the faults. There are eight faults detected in the potential gold mineralization zone. From the inversion result, the density of the rocks in the gold mineralization zone was determined to be in the range of 2.80–3.34 g/cm3.

Analisis Volatilitas Return Saham PT Antam (Persero) Tbk dan PT Adaro Energy Tbk Dengan Garch, Egarch Dan GJR

An extraordinary event that causes shock can affect volatility which causes asymmetric variance and error or commonly called asimetric shock / effect. This paper aims to analyze the volatility of stock returns of PT ANTAM (Persero) Tbk and PT Adaro Energy Tbk in the period of 2008 to 2016. The research results show that ANTM and ADRO have a GARCH effect and also have a leverage effect where the optimal model is found in the GJR model (0,1,1) for ANTM and GJR (1,1,1) for ADRO. Forecasting results shows that ADRO has higher volatility but in a relatively low percentage of volatility about 0.001 while ANTM have a tendency to decrease volatility with a fairly large percentage of volatility about 0.0025.
 
 Keywords: Volatility, GARCH, EGARCH, GJR

Analisis Tata Letak Pabrik dan Pola Aliran Bahan Feronikel di FeNi Plant 3 PT Antam Tbk Unit Bisnis Pertambangan Nikel Sulawesi Tenggara

ABSTRACTNickel industry is one of the industry that potentially to increase foreign exchange. PT Antam Tbk UBPN Southeast Sulawesi has land area about 169.194,937 m2 with 14.452,85 m2 of buildings in FeNi Plant 3. In producing nickel, PT Antam Tbk UBPN Southeast Sulawesi requires a more optimum layout and material flow pattern. The objective of this research was to analyzed the layout of production and material handling in the FeNi Plant 3. The methods used in this study were relationship analysis of production activity and Assembly Line Balancing. The result showed that the current ferronikel flow layout and flow pattern is shaped a straight line, and efficiency assembly line balansing about 71,25 percent.Keywords: assembly line balancing, ferronickel, material flow pattern, layout production.ABSTRAKIndustri pengolahan nikel merupakan salah satu industri yang berpotensi menambah devisa negara. PT Antam Tbk UBPN Sulawesi Tenggara memiliki luas lahan sekitar 169.194,937 m2 dengan luas bangunan di FeNi Plant 3 sekitar 14.452,85 m2. PT Antam Tbk UBPN Sulawesi Tenggara dalam memproduksi nikel memerlukan tata letak dan pola aliran bahan yang lebih optimum. Tujuan penelitian yaitu menganalisis tata letak produksi dan pola aliran bahan feronikel di FeNi Plant 3 serta efisiensi keseimbangan lini perakitan. Metode yang digunakan adalah observasi dan analisis hubungan kedekatan aktivitas produksi dan keseimbangan lini perakitan. Hasil penelitian menunjukkan tata letak dan pola aliran bahan feronikel saat ini berbentuk garis lurus, serta efisiensi keseimbangan lini perakitan sebesar 71,25 persen.Kata kunci: feronikel, keseimbangan lini perakitan, pola aliran bahan, tata letak produksi.

PENGARUH BESAR PINJAMAN DAN KARAKTERISTIK USAHA TERHADAP TINGKAT PENGEMBALIAN PINJAMAN UMKM MITRA BINAAN PT ANTAM (PERSERO) Tbk

Tujuan dari penelitian ini untuk mengetahui pengaruh besarnya pinjaman dan karakteristik usaha (omzet penjualan, lama usaha dan aset usaha) terhadap tingkat pengembalian dana CSR mitra binaan PT Antam (Persero) Tbk di Jabodetabek. Dari hasil penelitian diperoleh bahwa besarnya pinjaman, omzet penjualan, lama usaha dan aset usaha secara simultan berpengaruh terhadap tingkat pengembalian pinjaman dengan tingkat signifikansi sebesar 0,039 < α = 5%. Namun secara parsial hanya variabel lama usaha saja yang berpengaruh terhadap tingkat pengembalian pinjaman dengan tingkat signifikansi sebesar 0,004 < α = 5%. Sedangkan variabel lainnya tidak berpengaruh terhadap tingkat pengembalian pinjaman dana UMKM PT Antam (Persero) Tbk.. Dari penelitian ini dapat juga disimpulkan bahwa ada variabel lain yang lebih dominan dalam mempengaruhi besarnya tingkat pengembalian pinjaman CSR mitra binaan PT Antam (Persero) Tbk di Jabodetabek.

Evaluasi Program CSR (Corporate Social Responsibility) Perusahaan PT. ANTAM Tbk UBPN SULTRA Kecamatan Pomalaa Kabupaten Kolaka (Studi Kasus Desa Tambea)

ABSTRACTTPT. ANTAM Tbk is a company engaged in the exploration of mining materials such as nickel, gold and silver, and bauxite. Tambea village is one of the areas in Pomalaa Subdistrict, Kolaka Regency, which is close to PT. ANTAM Tbk. The purpose of this study can evaluate the CSR program of PT. ANTAM Tbk in Tambea Village, Pomalaa District, Kolaka Regency. The method of determining the sample uses the System of Rising Intensification method with a population of 24 heads of households as respondents. The analytical method used to determine the relationship between the level of performance and level of expectation is the method of IPA analysis (Importance-Performance Analysis). The results of this study indicate that the company PT. ANTAM Tbk still has to improve its performance on the elements of program distribution and supporting elements of the program. Keywords: Evaluation, CSR Program and company PT. ANTAM Tbk.

Analysis of Hagemonic Practices in the Application of Occupational Health and Safety at Production Units in Pt. Aneka Tambang, TBK UBPN Pomalaa, Southeast Sulawesi

One of the factors causing conflict between workers and the company are unsafe working conditions due to the application of the Occupational Health and Safety is not running properly. The research problem is: “How the application of Occupational Health and Safety at production unit in PT. Antam Tbk UBPN Pomalaa and forms of hegemony practices carried by the company for the benefit of workers hegemonic.” Theoretically the Occupational Health and Safety system was made to protect workers. Gramci’s theory of hegemony is used to identify the non-coercive repression that occured in PT. Antam Pomalaa. The research method used is qualitative critical emancipatory. The results showed the hegemony of the practices in PT Antam Tbk UBPN Pomalaa namely: (1) The pressure on workers in the form of inhibition of the employee's career (Pressure on carrier) (2) Creation of internal trade union PerAntam. PerAntam is a rival union SPSI (Dis-cohesion Internal). (3) Efforts to construct reasoning employees that Occupational Health and Safety is not less important than the welfare and advancement. (Construction of Reason). (4) The provision of facilities and infrastructure Occupational Health and Safety which do not have the required quality (Abandonment). The argument of this study is a hegemonic social relationship will be lasting if and only if it started from an attempt hegemony through the construction of reason, internal dis-cohesion and pressure on what is considered important by subordinate groups. DOI: 10.5901/mjss.2016.v7n6p243

Backfiling Strategy at Gag Island, PT Gag Nickel, Subsidiary of PT ANTAM (Persero) Tbk

PT Gag Nikel is subsidiary of PT ANTAM (Persero) Tbk, doing feasibility study at moment. The purpose of scheduling backfill is to do volume balance between out-pit and in-pit dumping and control amount low grade that goes to stockpile and calculate distances hauled during mining process. The material scheduled divided into overburden, low grade, and ore. The material could be sent to following destinations, overburden to in-pit and out-pit dumps, low grade to in-pit, out-put dumps, stockpiles, and ore to stockpiles only. In controlling dumping sequence, there are three consideration constraints: geotechnical, capacity, and haul distance. Geotechnical constraints use dump slope which ensures maximum dump overall slope angle not exceed 13 -15 degree, also offset dump to face, assist specified distance (50 m) between toe of working face and “toe” of dumps. This di stance must sufficient to allow operation such ore loading and water handling safely and efficiently. Second constraint is capacity that control amount low grade sent to stockpiles. Haul distance as third constraint is way to dump close to current mining o peration. By managing low grade material, when processing technology adequate, those material can be extracted. This shows Antam's good will of resource conservation that conform with sustainability.

Ore Blending as Mine Scheduling Strategy to Accommodate Resources Conservation at Pakal Nickel Mine, PT ANTAM (Persero) Tbk

Antam is developing mine in Pakal Site, that supply feed ore in FeNi Plant and the export targets. The challenge is how to do ore blending as part of mine scheduling. The mining concept are, ore that is mined from pit will be stored in five different ore stockpile. Products will be produced from ore blendi ng in stockpiles. As run scheduling simulation, best scenario elected show 12.91 MWMT total material movement in first five years. The Pit will produce 10.35 MWMT product (62% for FeNi Plant and 38% for Export), 1.14 MWMT as ore inventories in stockpiles, and 1.42 WMWT Waste that will be backfilled on the mined out area. Simulation results show 80% of the material became products, 9% as an ore inventories in stockpile, and 11% is waste as backfilling material. Regarding this circumstances, Antam has figure out the mineral reserve conservation as the corporate's added value.