by Yohanes Obor | Dec 6, 2013 | Mining, News, Resources
VANCOUVER (Yosefardi) – CBM Asia Development Corp. and its operating partners have successfully drilled and tested a total of eight coalbed methane exploration wells at two Production Sharing Contract (PSC) areas in Indonesia. This resulted in 981 Bcf of...
by Yohanes Obor | Nov 25, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Gulf Mines Limited has located what is potentially a high grade copper discovery in an area being acquired by the company in the West Timor region of Indonesia. Two random samples with reported high grades of 12.43% and 8.7% copper were...
by Yohanes Obor | Nov 15, 2013 | Mining, News, Resources
CALGARY (Yosefardi) – Pan Orient Energy Corp. booked net loss of $100.4 million in first nine months of this year, largely resulted from the $104.2 million write-down of exploration and evaluation assets associated with the Citarum and South CPP Production...
by Editor | Nov 8, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Western Mining Network Ltd has completed third phase of exploration on the Persada gold project in Central Sulawesi. “Assay results have been received from the third phase, comprising a topographic and grid soil auger sampling...
by Yohanes Obor | Nov 6, 2013 | Mining, News, Resources
VANCOUVER (Yosefdardi) – Barisan Gold Corporation has completed initial drilling at its Upper Tengkereng prospect, located in the Province of Aceh, Indonesia. Hole UTD-003 was completed on October 14, 2013 to a depth of 922 metres and final assays have been...
by Editor | Nov 5, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Debt restructuring between PT Indo Muro Kencana (IMK) and Credit Suisse International on silver prepayment facility has been completed. Straits Resources Ltd, parent of IMK, said both companies agreed to the terms upon which the existing...
