by Yohanes Obor | Feb 20, 2015 | Mining, News, Resources
DENVER (Yosefardi) – Newmont Mining Corporation reported its attributable gold and copper production at Batu Hijau, Indonesia, jumped 276% and 51%, respectively, in fourth quarter of 2014. Newmont produced 21 thousand ounces of gold production and 15,100 pounds of...
by Yohanes Obor | Feb 12, 2015 | Mining, News, Resources
SYDNEY (Yosefardi) -Triangle Energy (Global) Limited and their joint venture partner, the Acehnese Government are pleased to announce they have been awarded the Pase Production Sharing Contract (PSC) extension. SKK Migas confirmed the PSC has been extended from 24th...
by Yohanes Obor | Feb 9, 2015 | Featured, Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) today commences the commercial operation of Chemical Grade Alumina (CGA) plant, located in Tayan, West Kalimantan. This CGA plant is the first in Indonesia. Construction of the Tayan CGA plant...
by Yohanes Obor | Feb 4, 2015 | Mining, News, Resources
CALGARY (Yosefardi) – Pan Orient Energy Corp. continues to seek a partner in the Citarum PSC located onshore Java, Indonesia. While some progress had been made in late 2014 towards securing a farmout partner, the recent decline in oil prices has created greater...
by Yohanes Obor | Feb 3, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – State tin producer PT Timah Tbk (TINS) mulls to seek loan of Rp440-660 billion for funding its capital expenditure (capex) of Rp1.1 trillion for this year. Bank loan will cover 40-60% of total capex. Timah has earlier funded its capex by its...
by Haryanto Suharman | Jan 30, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – After a meeting with President Joko “Jokowi” Widodo at the State Palace on Thursday (Jan. 29), Papua Governor Lukas Enembe sent an ultimatum to Freeport to build smelter in Papua, or instead getting out of the province. Lukas, who is also...