by Yohanes Obor | Mar 18, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Western Mining Network Limited is now in the process of completing clean and clear status for PT Persada Bumi Rawas. Persada Bumi directly holds a 100% interest in IUP Exploration No. 540/307.19/Distamben dated 12 August 2009 and issued by...
by Yohanes Obor | Mar 18, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Gulf Mines Limited projects its manganese ore production in Indonesia to reach 250,000 tons per annum. During the period the shareholders ratified the board’s decision to acquire a major holding the Indonesian manganese project developer...
by Yohanes Obor | Mar 18, 2014 | Mining, News, Resources
HOUSTON (Yosefardi) – Harvest Natural Resources, Inc. has satisfied all work commitments for the current exploration phase of the Budong PSC in Indonesia. However, the extension of the initial exploration term includes an exploration well, which if not drilled...
by Yohanes Obor | Mar 17, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – State tin producer PT Timah Tbk (TINS) mulls to buy back its shares at Rp1,507 per share along with its plan to merge with its fully owned subsidiary PT Tambang Timah. Timah would only allocate Rp500 billion at maximum for buying back its...
by Yohanes Obor | Mar 12, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Arc Exploration Limited reported recent metallurgical test work completed on core from hole NDD2 drilled by New South Resources Pty Ltd (NSR) in late 2012. The hole was drilled on a higher grade gold zone within the Dobroyde gold deposit. Arc...
by Yohanes Obor | Mar 12, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Sumatra Copper & Gold has completed phase 3 infill resource definition drilling program at its flagship Tembang Gold-Silver project in Sumatra, Indonesia, with further strong results received from both the Siamang and Bujang deposits. That...
