by Yohanes Obor | Oct 23, 2015 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Inc. said its Indonesian operation, PT Freeport Indonesia (PT FI), sold 285 thousand ounces of gold in the third quarter of 2015, dropped 43.5% from 505 thousand ounces of gold in the same period of 2014. PT FI’s also...
by Yohanes Obor | Oct 23, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina booked net profit of US$914 billion in the first nine months to September of 2015, dropped 45% year on year. The company targets to book net profit of US$1.7 billion this year. The achievement in first...
by Yohanes Obor | Oct 22, 2015 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Plantation firm PT Golden Plantation Tbk (GOLL), subsidiary of PT Tiga Pilar Sejahtera (TPS) Food (AISA), plans to build crude palm oil (CPO) mill in Sumatera. GOLL booked net profit of Rp5.57 billion in the first half of 2015, turned from...
by Yohanes Obor | Oct 22, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – State tin producer PT Timah Tbk (TINS) allocates capital expenditure (capex) of Rp1.2 trillion for 2016. The company will use Rp400 billion capex to fund its smelter construction in Tanjung Ular industrial estate, Bangka Belitung. The...
by Yohanes Obor | Oct 6, 2015 | Featured, Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang Tbk (ANTM) managed to raise maximum Rp5.37 trillion from issuing 14.49 billion new shares, representing 60% of its enlarged shares capital, through the preemptive rights scheme or rights issue. The exercise prices of...
by Yohanes Obor | Oct 2, 2015 | Energy, Featured, News, Resources
MUMBAI (Yosefardi) – Avantha Group Company CG has bagged an order from PT PLN for manufacture and supply of power transformers, valued at US$62 million (approx INR 410 crore). The scope of work includes design, manufacture, supply, construction and installation...
