by Yohanes Obor | Apr 30, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – Nickel producer PT Vale Indonesia Tbk (INCO) booked net profit of US$17.96 million in first quarter (Q1) of this year, dropped 43% from US$31.5 million in the same period of last year. Revenue declined 17.4% to US$213.11 million from...
by Yohanes Obor | Apr 29, 2014 | Mining, News, Resources
JAKARTA (Indonesia Today) – PT Medco Energi Tbk (MEDC), through its unit PT Medco Downstream Indonesia (MDI) had on April 24, 2014 divested another 35.28% stake in PT Medco Sarana Kalibaru (MSK) for a total consideration of US$17.4 million. MEDC divested MSK to Puma...
by Yohanes Obor | Apr 28, 2014 | Mining, News, Resources
JAKARTA Yosefardi) – PT Central Omega Resources Tbk (DKFT) plans to buy back 563.05 million shares, representing 10% of its enlarged capital, in the period of April 28, 2014 to July 27, 2014. The company allocates Rp169 billion for funding the buy back program....
by Yohanes Obor | Apr 25, 2014 | Mining, News, Resources
VANCOUVER (Yosefardi) – Barisan Gold Corporation is in the process of mobilizing a second drill rig to its Upper Tengkereng gold-copper porphyry discovery, located in the Province of Aceh, Indonesia. Following successful drill results in the first five holes,...
by Yohanes Obor | Apr 25, 2014 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Copper & Gold Inc. reported Indonesia’s first-quarter 2014 gold production was down 1.9% to 208,000 ounces, compared to 212,000 ounces in the same period of last year. While gold sales declined 15.2% to 162,000 ounces from...
by Yohanes Obor | Apr 25, 2014 | Mining, News, Resources
DENVER (Yosefardi) – Newmont Mining Corporation reported its attributable gold and copper production at Batu Hijau, Indonesia, increased 14 percent and 11 percent, respectively, in first quarter of this year, from the prior year quarter due to higher ore grade...
