Cakra Mineral Sets Capex $20 Million

Cakra Mineral Sets Capex $20 Million

JAKARTA (Yosefardi) – PT Cakra Mineral Tbk (CKRA) allocates capital expenditure (capex) of US$15-20 million for funding ferronickel (FeNi) smelter which costs US$50 million. The company has in June 12, 2014 signed memorandum of understanding (MoU) with Zhe Jiang Baoli...
WMN Prepares for Core Drilling at Tamboli

WMN Prepares for Core Drilling at Tamboli

SYDNEY (Yosefardi) – Western Mining Network Limited (WMN) is now preparing for core drilling at Tamboli slate project, with due diligence progressing well. PT Mekongga Sejahtera, the holder of Tamboli, has recently completed a significant amount work including a...