by Editor | Oct 18, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Gosowong gold mine in Halmahera, Maluku produced 71,227 ounces of gold in the quarter ended September 30, 2013, dropped by 23% from the previous quarter. “That was due to the scheduled mining of lower grade stopes in the Kencana and...
by Yohanes Obor | Oct 17, 2013 | Mining, News, Resources
HONG KONG (Yosefardi) – G-Resources Group Limited reported its Martabe mine in Indonesia has produced 209,000 ounces of gold and over one million ounces of silver in the 9 months to 30 September 2013, exceeding ramp-up expectations. The mine is on target to...
by Editor | Oct 16, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – ASX-listed Finders Resources ltd expects to start copper cathode production at its factory in Wetar Island, Maluku province in December 2013. Finders informed ASX this morning that the earthmoving equipment required for the upgrade and...
by Yohanes Obor | Oct 15, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Robust Resources Limited reported that LWD 358 was drilled as part of a series of holes designed to explore the extensive strata bound volcanogenic massive sulphida target at Batu Perak, within the Lakuwahi Caldera prospect on Romang island,...
by Yohanes Obor | Oct 15, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Based on the latest available Freeport estimates, 2013 production from Grasberg is not expected to exceed the metal attributable to Rio Tinto’s joint venture partner because of planned mine sequencing in areas with lower metal grades....
by Yohanes Obor | Oct 15, 2013 | Mining, News, Resources
HONG KONG (Yosefardi) – China Hanking Holdings Limited, through its controlling subsidiaries in Indonesia, – PT Karyatama Konawe Utara and PTKonutara Sejati – delivered the first shipment of laterite nickel ore sold, amounting to 47,200 wet tons. The...