by Yohanes Obor | Oct 6, 2015 | Featured, Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang Tbk (ANTM) managed to raise maximum Rp5.37 trillion from issuing 14.49 billion new shares, representing 60% of its enlarged shares capital, through the preemptive rights scheme or rights issue. The exercise prices of...
by Yohanes Obor | Oct 1, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Newmont Nusa Tenggara (NNT) and PT Freeport Indonesia have signed memorandum of understanding (MoU) for the extension agreement of smelter construction project in Gresik, East Java. The previous MoU was effective for March 31, 2015 to...
by Yohanes Obor | Oct 1, 2015 | Mining, News, Resources
VANCOUVER (Yosefardi) – Barisan Gold Corporation has entered into a preliminary agreement with a prominent Indonesian group to jointly advance Barisan’s Indonesian properties. Under the terms of the agreement, the Indonesian group will take an 80% equity...
by Yohanes Obor | Sep 29, 2015 | Energy, Mining, News, Resources
JAKARTA (Yosefardi) – Giant coal miner PT Bumi Resources Tbk (BUMI) proposes new restructuring scheme for its US$3.98 billion debt. The debt is proposed to pay mostly by new senior secured facility, equity conversion, and mandatory convertible bonds. BUMI...
by Yohanes Obor | Sep 4, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) has commenced the operations of the Oxygen Plant No.5 of the Pomalaa Ferronickel Plan Extension Project (P3FP). The Oxygen Plant No.5 was developed by an unincorporated consortium of Desung...
by Yohanes Obor | Aug 28, 2015 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Inc. revised capital and operating plans in response to the recent decline in copper prices resulting in reduced capital expenditures, lower production levels and lower operating, administrative and exploration costs. LME...
