by Yohanes Obor | Apr 30, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Gold producer PT J Resources Asia Pasifik Tbk (PSAB) booked profit after tax of US$9.18 million in the first quarter of 2015, grew by 11.4% from US$8.23 million in the same period of 2014. Revenue rose 38.6% to US$79.3 million from previous...
by Yohanes Obor | Apr 21, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Coal mining company PT Petrosea Tbk (PTRO) allocates US$60-70 million for funding its port construction project in Kariangau, Tanjung Batu, East Kalimantan. The construction of port started since September 2014 and is targeted to complete...
by Yohanes Obor | Apr 6, 2015 | Mining, News, Resources
HONG KONG (Yosefardi) – G-Resources Group Limited reported its Martabe Gold Mine has total Reserves of 2.68 million ounces of gold and 27.2 million ounces of silver, as at December 2014. Total resources are now 7.4 million ounces of gold and 70 million ounces of...
by Yohanes Obor | Mar 19, 2015 | Mining, News, Resources
SYDNEY (Yosefardi) – Kupang Resources Ltd reported that Kupang Joint Venture (in which the Company holds a 55% interest) has received formal notification from the DKPM that it has recommended approval for the newly coined IUPOPK permit encompassing processing,...
by Yohanes Obor | Mar 19, 2015 | Featured, Mining, News, Resources
JAKARTA (Yosefardi) – Government of Indonesia has awarded the extension of copper concentrate expoort for PT Newmont Nusa Tenggara, a copper-gold mining company in West Nusa Tenggara. The extension is effective for next 6 months (until September 18, 2015) with total...
by Yohanes Obor | Mar 3, 2015 | Mining, News, Resources
SYDNEY (Yosefardi) – ASX-listed Gulf Minerals has closed fully its subscribed rights issue, raising $1.34 million, used to fund its manganese smelter at Kupang, West Timor, Indonesia. Gulf’s smelter project at Kupang will find a ready market in the...