by Hatman Bintang | Aug 7, 2013 | Mining, News, Resources
BRISBANE (Yosefardi) – Emeco Holdings Ltd is on alert as Mt Muro Gold Mine, operated by Straits Resources Ltd, has been put on care and maintenance status. PT Indo Muro Kencana, subsidiary of Straits, is the primary customer of Emeco Indonesia, representing 28% of...
by Hatman Bintang | Aug 7, 2013 | Finance, Global Finance, News
VANCOUVER (Yosefardi) – CBM Asia confirms the first retail tranche of the C$5 million non-brokered private placement has been filled while the second tranche is being placed. A second retail tranche is currently being placed with indications of an additional C$1...
by Hatman Bintang | Aug 7, 2013 | Business, News, People
SHANGHAI (Yosefardi) – Chinese coal upgrading technology provider, GB Clean Energy Ltd, has appointed Benjamin Wiley as Managing Director, focusing on building GBCE business in Indonesia. Prior to joining GBCE, Mr. Wiley served as a Managing Director and Head of the...
by Hatman Bintang | Aug 6, 2013 | Chemical, Industries, News
HEIDELBERG (Yosefardi) – HeidelbergCement AG, German multinational building materials company, confirms Indonesian materials business is recording robust general economic growth, in contrast with weakening economic dynamics in other emerging countries in Asia....
by Hatman Bintang | Aug 6, 2013 | Automotive, Industries, News
SINGAPORE (Yosefardi) – PT Fedsin Rekayasa Pratama, subsidiary of Federal International (2000) Ltd, has sold 16% shares in its Indonesian Ingersoll Rand air-compressors, PT Indoenergi Perkasa, to PT Gunanusa Utama Fabricators. The sale was completed for US$100,000. PT...
by Hatman Bintang | Aug 6, 2013 | Agriculture, News, Resources
LONDON (Yosefardi) – Glencore Xstrata plc is selling its biggest malt producer in Australia, Joe White Maltings, to Cargill. The transaction is completed for approximately US$373 million. Joe White was acquired by Glencore as part of the Viterra acquisition. The sale...
by Hatman Bintang | Aug 6, 2013 | Mining, News, Resources
BRISBANE (Yosefardi) – Kupang Resources Ltd has completed the first tranche of the $2 million share placement. The first tranche was completed by the issue of 6.67 million placement shares to raise $600,000. The balance of the placement to raise $1.4 million is...
by Hatman Bintang | Jul 9, 2013 | Energy, News, Resources
JAKARTA (Yosefardi) – State-utility company PT PLN has on Monday (July 8) formalized a deal with fellow SOE PT Wijaya Karya Tbk to establish gas-fired power plant with design capacity of 184 MW in Aceh province. The agreement was signed by PLN’s CEO Nur Pamudji and...
by Hatman Bintang | Jan 21, 2013 | Mining, News, Resources
During 2012, Archipelago drilled 81 holes for 10,691m at Jipang prospect, which is located approximately 3km south of the main Toka Tindung pit. Among the results are 10m at 16.61 g/t gold, 17m at 3.81 g/t gold, and 4m at 13.21 g/t gold. “It is anticipated that...
by Hatman Bintang | Jan 18, 2013 | Mining, News, Resources
The agreement was previously signed on February 2007 for 5 years period. The agreement was made to process natural gas into Compressed Natural Gas and its distribution. Total volume of CNG expected to be processed and transported for the 12-month period from September...
