by Yohanes Obor | Mar 25, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Paramount Mining Corporation Limited (PCP) said the detailed magnetic survey on the northern strike extension of the main Gunung Rosa vein system confirms the potential for a deeper porphyry target. Two new drill targets that may relate to...
by Yohanes Obor | Mar 25, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Arc Exploration Limited (ARX) has spent $49 million capitalised exploration expenditure relating to the Trenggalek project as of 31 December 2013. Arc’s assets at Indonesia exploration was $4.96 million. It controls PT Indonusa Mining...
by Yohanes Obor | Mar 25, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Sumatra Copper & Gold Plc has completed its updated Ore Reserve for key deposits at its flagship 100%-owned Tembang Gold-Silver Project in southern Sumatra, Indonesia. The updated Ore Reserve encompasses the Belinau, Berenai, Asmar,...
by Yohanes Obor | Mar 24, 2014 | Mining, News, Resources
SINGAPORE (Yosefardi) – KrisEnergy Ltd., an independent upstream oil and gas company, said the Western Monarch seismic vessel has commenced a 500 sq km 3D seismic acquisition program in the Tanjung Aru production sharing contract (PSC) offshore Kalimantan,...
by Yohanes Obor | Mar 21, 2014 | Mining, News, Resources
SINGAPORE (Yosefardi) – SGX main board listed KS Energy Limited, owned by Kris Wiluan, reported that the new rig is currently being commissioned and will be ready for delivery end of March 2014. Named the KS Java Star 2, this rig will be deployed to drill in Vietnam...
by Yohanes Obor | Mar 20, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – Coordinating minister for economy, Hatta Rajasa, admits the government had received proposal from PT Freeport Indonesia to build smelter under the public private partnership scheme, Investor Daily reported this morning. Freeport, the...
