by Yohanes Obor | Aug 28, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT Industri Gula Glenmore, subsidiary of state plantation firm PT Perkebunan Nusantara XII has bagged syndicated loan of Rp1.2 trillion from 5 banks, used to fund its integrated sugar mill construction. Thaf 5 banks are Bank Rakyat...
by Yohanes Obor | Aug 27, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – Kingrose Mining Limited has commenced underground diamond drilling at the Talang Santo Mine, located on the Way Linggo project in South Sumatra, Indonesia. The main objective of this initial drilling program is to delineate and confirm the...
by Yohanes Obor | Aug 26, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Cita Mineral Investindo Tbk (CITA), controlled by Harita Group, booked unaudited net loss of Rp238.72 billion in first half of 2014, against profit of Rp438.6 billion in the same period of 2013. Net sales dropped 90% to Rp167.8 billion...
by Yohanes Obor | Aug 26, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – The new regulation for coal export would be implemented by October 1, 2014, not as scheduled for September 1, 2014, but no revision for the new regulation formulated by the trade ministry. Under this new regulation, the coal miners (holders...
by Yohanes Obor | Aug 26, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – State coal miner PT Bukit Asam Tbk (PTBA) booked net profit of Rp1.16 trillion in first half of 2014, grew by 33% compared to Rp870 billion for the same period of 2013. Revenues rose 18% to Rp6.43 trillion from previous Rp5.43 trillion. Its...
by Yohanes Obor | Aug 26, 2014 | Mining, News, Resources
SCOTTSDALE (Yosefardi) – Key Capital Corporation has entered into funding agreements for nickel project in Papua after completing initial due diligence and site visit. Indonesia seeks to process nickel laterite and underlying saprolite in Jayapura, Papua. The...
