by Yohanes Obor | Feb 26, 2014 | Mining, News, Resources
SINGAPORE (Yosefardi) – SGX main board listed KS Energy Limited, owned by Kris Wiluan, booked revenues of $161.8 million and net profit attributable to the owner of the company of $23,000 for the financial year ended 31 December 2013. Recurring revenues in the...
by Yohanes Obor | Feb 26, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – Nickel miner PT Vale Indonesia Tbk (INCO) booked earnings of US$38.7 million in 2013, dropped 43% from US$67.5 million in 2012. Revenue also declined 4.7% to US$921.6 million from previous US$967.3 million. It produced 75,802 tons of nickel...
by Yohanes Obor | Feb 26, 2014 | Mining, News, Resources
MOSCOW (Yosefardi) – UC RUSAL, a leading, global aluminium producer, had Tuesday (Feb 25) signed a Memorandum of Understanding (MOU) with PT Arbaya Energi (part of Satmarindo Group) to enter into a strategic partnership in the exploration and mining of bauxite...
by Yohanes Obor | Feb 24, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – State-owned enterprises (SoE) will build smelter in remote area, to help small miners with mining licenses (IUP), a government official said. Hatta Rajasa, coordinating minister of economy said small miners operated in potential and remote...
by Yohanes Obor | Feb 21, 2014 | Mining, News, Resources
DENVER (Yosefardi) – Newmont Mining Corporation said copper production levels in 2015 and 2016 are expected to be significantly higher and costs significantly lower than 2014 at Batu Hijau, Indonesia, as the planned Phase 6 stripping campaign is projected to be...
by Yohanes Obor | Feb 17, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Kangaroo Resources is now reviewing its options in relation to the orderly divestment of surplus or all its interest in 5 mining concessions in Indonesia to ensure compliance with the new regulation. The government of Indonesia had last year...
