by Yohanes Obor | Oct 29, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – Oil and gas service firm PT Elnusa Tbk (ELSA) reported 46% growth in net profit for first nine months of this year, though its revenue declined 16%. It booked net profit of Rp122.72 billion on revenue of Rp2.92 trillion. As cost of revenue...
by Yohanes Obor | Oct 29, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) will commence commercial operation of processing plant (smelter) converting bauxite ore into chemical grade alumina (CGA) in March next year. Antam has spent Rp5 trillion, equivalent US$490...
by Yohanes Obor | Oct 23, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Bumi Resources Minerals Tbk (BRMS), subsidiary of giant coal miner PT Bumi Resources Tbk (BUMI), has on Tuesday (Oct 22) signed strategic cooperation agreement with China Non-Ferrous Metal Industry’s Foreign Engeneering and...
by Yohanes Obor | Oct 22, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Robust Resources Limited discovers high-grade gold and silver mineralisation, assaying 8.24 g/t AuEq, in diamond drill hole LWD 365 on the Lakuwahi Project, Romang island, Indonesia. The significance of this intersections is that it lies in...
by Yohanes Obor | Oct 21, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Straits Resources Ltd is now seeking a buyer for mining production at Mt Muro gold mine in Central Kalimantan as the company decided to stop funding the Mt Muro asset. The Mt Muro operations were placed on care and maintenance on 2 August...
by Editor | Oct 18, 2013 | Mining, News, Resources
HONG KONG (Yosefardi) – Martabe gold mine in North Sumatra province poured 75,132 ounces of gold in the third quarter ended September 30, 2013, grew significantly from 70,212 ounces in the previous quarter. Cash cost per ounce of gold poured, meanwhile, declined...
