by Yohanes Obor | Jun 4, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Newmont Nusa Tenggara (NNT) has on Tuesday (June 3) stopped all activities of processing and production for copper concentrate at Batu Hijau mine, West Sumbawa, as the storage facility is on full capacity, Investor Daily reported this...
by Yohanes Obor | Jun 3, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) is confident to remain book positif earning or financial performance this year despite lackluster performance in the first quarter. The implementation of the ore export ban policy coupled with...
by Yohanes Obor | Jun 3, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) suffered loss of Rp272.6 billion in first quarter of this year, compared to profit Rp407.66 billion in the same period of last year. Sales declined 31% to Rp2.3 trillion from previous Rp3.34...
by Yohanes Obor | Jun 3, 2014 | Mining, News, Resources
VANCOUVER (Yosefardi) – Kalimantan Gold Corporation Limited incurred a comprehensive loss for the three months ended March 31, 2014, of $178,652, compared to profit of $25,151 in the same period of last year. The Company began the current fiscal quarter with...
by Yohanes Obor | Jun 2, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – The government of Indonesia, through ministry of energy and mineral resources, has permanently revoked 50 mining business permits (IUP) in Morowali regency, Central Sulawesi province, Bisnis.com reported. During first quarter of this year,...
by Yohanes Obor | May 30, 2014 | Mining, News, Resources
The government of Indonesia will in coming days cut the export duty of copper and iron concentrates for Freeport Indonesia and Newmont Nusa Tenggara as 2 companies have committed to build smelters, Bisnis Indonesia reported this morning. Freeport and Newmont will pay...
