by Yohanes Obor | Sep 24, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – Iron ore producer PT Cakra Mineral Tbk (CKRA) plans to build iron pig smelter by end of 2015 or early 2016 in West Sumatra, Bisnis.com reported. The smelter, with production capacity of 1 million tons per year, will cost US$100 million to...
by Yohanes Obor | Sep 23, 2013 | Mining, News, Resources
HONG KONG (Yosefardi) – G-Resources Group Limited has found a significant increase in confidence in Purnama and Barani Resource categories, for the Martabe Gold Mine in Indonesia, as a result of further in-fill drilling and revised estimation. Additional...
by Yohanes Obor | Sep 23, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – State tin producer PT Timah Tbk (TINS) mulls to set up new joint venture (JV) with local government-owned companies to get working contract for mining, exploring, and smelting tins in Bangka island, Bangka Belitung province, Investor Daily...
by Editor | Sep 20, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – Western Mining Network Ltd (WMN) has informed PT Persada Bumi Rawas (PBR) that it will proceed with the proposed acquisition of 80% shares of PBR. PBR controls 100% interest in mining business license (IUP exploration) for gold covering an...
by Yohanes Obor | Sep 19, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – Paramount Mining Corporation Limited (PCP) has appointed the Drill Corp Group of Companies (Drillcorp) to carry out 4,000m diamond drilling program at the Gunung Rosa high grade gold, silver and base metals project in Indonesia. Drillcorp is...
by Editor | Sep 17, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – ASX-listed Sumatra Copper & Gold Plc prepares a proposed changes at its Tembang gold-copper project in Sumatra related to ongoing volatility in gold and silver markets and changed conditions in credit markets. “The proposed changes...
