by Yohanes Obor | Jun 19, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Mining contractor firm PT Delta Dunia Makmur Tbk (DOID), through its unit PT Bukit Makmur Mandiri Utama (Buma), has been awarded new contracts worth US$300 million or Rp4 trillion by PT Sungai Dana Jaya, unit of Geo Energy Resources Ltd....
by Yohanes Obor | Jun 19, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Shares of PT Merdeka Copper Gold Tbk (MDKA) gained 15.5% to Rp2310 per share at its trading debut this morning with over 5.2 million shares exchanged hands valuing of Rp12.6 billion. MDKA has offered 419.65 million shares through the...
by Yohanes Obor | Jun 12, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Gold producer PT J Resources Asia Pacific Tbk (PSAB) has secured loan facility of US$50 million from 2 local banks, Indonesia Eximbank and PT Bank Permata TBk (BNLI). PSAB earlier said it needs funds of US$300 million, equivalent Rp3.8...
by Yohanes Obor | Jun 9, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Mining contractor PT Samindo Resources Tbk (MYOH) booked net profit of US$6.82 million in the first quarter of 2015, declined 6.9% from US$7.36 million in the same period of 2014. Revenues also declined 11% to US$55.9 million from previous...
by Haryanto Suharman | Jun 5, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Deputy Chief of the Corruption Eradication Commission (KPK) Johan Budi SP stated that the KPK will closely monitor the issuance of mining licenses in the regions ahead of the 2015 simultaneous regional elections. Johan also asked all related...
by Yohanes Obor | Jun 1, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Sulawesi Mining Investment (SMI) allocates US$2.49 billion to invest on nickel smelter project in Morowali, Southeast Sulawesi. SMI plans to build nickel smelter with capacity of 300,000 tons per year and costs US$635,57 million. it is...