by Yohanes Obor | Feb 7, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Central Omega Resources Tbk (DKFT) targets to build ferronickel (FeNi) smelter which costs US$300 million in first half of this year. The smelter with capacity of 320,000 tons per year will be located in North Morowali. This project will...
by Yohanes Obor | Jan 31, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang Tbk (ANTM) reported unaudited sales of Rp11.29 trillion in 2013, grew by 8% from Rp10.45 trillion in 2012. For fourth quarter of 2013, ANTM booked unaudited sales of Rp2.49 trillion. The company produced 18,249...
by Yohanes Obor | Jan 30, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – Jero Wacik, minister of energy and mineral resources, said seven mining contractors and 15 holders of coal contracts of work [PKP2B] have agreed on six points of negotiation. The minister said his ministry has undertaken negotiation with 37...
by Yohanes Obor | Jan 30, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – Freeport-McMoRan Copper & Gold Inc. (FCX) might spend US$2 billion for establishing smelter in Indonesia with the capacity equal to PT Smelting, Bisnis Indonesia reported this morning. Richard C Adikerson had met minister of industry, MS...
by Yohanes Obor | Jan 29, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Straits Resources Limited, copper producer and developer, is now considering alternative options as so far no buyers offering to purchase the operation of Mt Muro. There was no production during the quarter ended December 2013 as all...
by Editor | Jan 29, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Ministry of forestry has granted an extension to the borrow-use (Pinjam Pakai) forestry permit for the Trenggalek mining license to November 2015, Arc Exploration said. “This allows the company to conduct exploration work on several...