Pressures Continue on Coal Stocks

JAKARTA (Yosefardi) – Shares of coal producers in the region were mostly under pressure Wednesday (March 12) from falling thermal coal prices. China Shenhua, one of the world’s largest coal producers, dropped further by 2.32% in Hong Kong, while China Coal...
Antam Targets 45% Gold Sales Growth

Antam Targets 45% Gold Sales Growth

JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) targets a 45% higher gold sales to 13,570 kg (436,286 oz) this year, as part of its strategy to anticipate Indonesia’s ore export ban. Antam also targets ferronickel production of 19,700...