by Yohanes Obor | Nov 20, 2015 | Mining, News, Resources
CALGARY (Yosefardi) – Pan Orient Energy Corp. spent capital expenditures (capex) of US$8.7 million in Indonesia during the first nine months of 2015. Capital expenditures of $0.3 million at the East Jabung PSC were for permits and fees at the Anggun Prospect prior to...
by Yohanes Obor | Nov 17, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Gold producer PT J Resources Asia Pacific Tbk (PSAB) allocates US$50 million for capital expenditure (capex) next year, used to fund the construction of smelter and gold mine. The company plans to develop gold mine in Pani, Gorontalo or Doup,...
by Yohanes Obor | Nov 9, 2015 | Mining, News, Resources
VANCOUVER (Yosefardi) – Barisan Gold Corporation has Thursday last week (Nov. 5) closed the non-brokered private placement previously announced on September 30, 2015 and October 1, 2015 through the issuance of 25,000,000 units at a price of $0.02 per unit for...
by Yohanes Obor | Oct 23, 2015 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Inc. (FCX) said its Indonesian operation, PT Freeport Indonesia (PT FI)’s revised plans incorporate improved operational efficiencies, reductions in input costs, supplies and contractor costs, foreign exchange impacts and a...
by Yohanes Obor | Oct 23, 2015 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Inc. said its Indonesian operation, PT Freeport Indonesia (PT FI), sold 285 thousand ounces of gold in the third quarter of 2015, dropped 43.5% from 505 thousand ounces of gold in the same period of 2014. PT FI’s also...
by Yohanes Obor | Oct 22, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – State tin producer PT Timah Tbk (TINS) allocates capital expenditure (capex) of Rp1.2 trillion for 2016. The company will use Rp400 billion capex to fund its smelter construction in Tanjung Ular industrial estate, Bangka Belitung. The...
