JAKARTA (Yosefardi) – Arab-based Saudi Aramco mulls to divest 15% interest in Cilacap oil refinery due to funding problem. In the meantime, the Government of Indonesia is seeking commitment from Saudi Aramco for expanding the refinery capacity.
Read MoreJAKARTA (Yosefardi) – Delta Dunia Makmur (DOID) opts to focus on its mining contractor service business and postpone coal exploration activity of its 2 subsidiaries (Pulau Mutiara Persada and Banyu Biru Sakti) until the recovery of coal prices. The global economic slowdown might continue impact on current cheal coal prices.
Read MoreJAKARTA (Yosefardi) – Coal miner PT Golden Energy Mines Tbk (GEMS), part of Sinarmas Group, acquired PT Era Mitra Selaras and its subsidiaries from Glenfield Capital Inc. at value of US$37 million.
Read MoreJAKARTA (Yosefardi) – Gold producer PT J Resources Asia Pacific Tbk (PSAB) mulls to offer new shares through preemptive rights scheme, to boost its free float to 20% from current 7.5%.
Read MoreSYDNEY (Yosefardi) – Finders Resources Ltd produced 494 tons of copper cathode in the quarter ended December 2015 from Wetar Copper Project, Wetar island.
Read MoreSYDNEY (Yosefardi) – Western Mining Network (WMN) said further discussions were undertaken with Mining One regarding their requirements to produce a JOCR resource statement for Tamboli.
Read MoreHONG KONG (Yosefardi) – G-Resources Group Limited In 2016 anticipates the Martabe gold and silver mine will produce 260,000 ounces of gold and approximately 2.3 million ounces of silver.
Read MorePHOENIX–(BUSINESS WIRE)–Freeport-McMoRan Inc. expects its Indonesian operation under PT Freeport Indonesia, to sell 1.5 billion pounds of coppert and 1.8 million ounces of gold in 2016.
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HONG KONG (Yosefardi) – State miner PT Aneka Tambang Tbk (ANTM) and PT Inalum invite China...
Read MoreHONG KONG (Yosefardi) – G-Resources Group Limited has been informed about the buying execution over its interest in the Martabe Mine. The Buyers have entered into all of the relevant debt financing documents with its...
Read MoreDENVER (Yosefardi) – Newmont Mining Corporation expects to produce between 1.7 and 1.9 million ounce of attributable gold in 2016 in Asia Paficic region. Attributable gold production is expected to improve to between 1.8...
Read MoreHONG KONG (Yosefardi) – G-Resources Group Limited has early this month entered into the sale and purchase agreement with Top Gala and ARS (buyers), as well as SubCo and TopCo in respect of the disposal of G-Resources’...
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