by Editor | Jan 12, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – President Susilo Bambang Yudhoyono has signed Government Regulation No 01/2014 about ban of mineral ore export effective January 12, 2014. “The new regulation is in line with the spirit of Law No 04/2009 in adding value to our...
by Yohanes Obor | Jan 10, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – China-based aluminum producer Shandong Nanshan Aluminum Co Ltd plans to build bauxite smelter in Bintan island in April this year. The company will process bauxite into aluminum. It had proposed to get tax allowance from the government of...
by Yohanes Obor | Jan 10, 2014 | Mining, News, Resources
VANCOUVER (Yosefardi) – Barisan Gold Corporation reported gold intersects, the first batch of drill results for hole UTD-004, at its Upper Tengkereng porphyry prospect, located in the Province of Aceh, Indonesia. Hole UTD-004 was completed on January 8, 2014 at...
by Editor | Jan 6, 2014 | Mining, News, Resources
HONG KONG (Yosefardi) – Martabe mine in North Sumatra, operated by HKSE-listed G-Resources, produced 281,478 ounces of gold last year, exceeding the 280,000 ounces target. The output was also well above the mine’s design of 250,000 ounces per annum....
by Yohanes Obor | Dec 30, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Perdana Karya Perkasa Tbk (PKPK) targets its revenue to jump 152.87% to Rp762.8 billion in 2014, compared to Rp301.67 billion estimated for this year. It said oil and gas mining service contracts is targeted to contribute revenue of...
by Editor | Dec 28, 2013 | Finance, Mining, News
JAKARTA (Yosefardi) – Coking coal producer PT Borneo Lumbung Energi & Metal (BORN) Tbk booked net loss of US$157 million in nine months ended September 30, 2013, expanded from US$111 million in the first half of the year. Borneo Lumbung, controlled by Samin...
