by Yohanes Obor | Dec 4, 2015 | Mining, News, Resources
HONG KONG (Yosefardi) – G-Resources Group Limited has been informed about the buying execution over its interest in the Martabe Mine. The Buyers have entered into all of the relevant debt financing documents with its lenders. The Escrow Agent that the full...
by Yohanes Obor | Dec 3, 2015 | Mining, News, Resources
DENVER (Yosefardi) – Newmont Mining Corporation expects to produce between 1.7 and 1.9 million ounce of attributable gold in 2016 in Asia Paficic region. Attributable gold production is expected to improve to between 1.8 and 2.0 million ounces in 2017, before...
by Yohanes Obor | Dec 1, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Elnusa Tbk (ELSA), oil and gas supporting services company, expects to book net profit of Rp325 billion this year with net profit margin growing 15%. The company has gained US$86 million seismic project for 2 years period which serves higher...
by Yohanes Obor | Dec 1, 2015 | Energy, News, Resources
VANCOUVER (Yosefardi) – Mitra Energy Inc. made a good progress on farmout following seismic survey Bone PSC in Indonesia. Processing of 1,200 line kilometres of 2D seismic data is complete, revealing a number of drilling targets in shallow water on trend with...
by Yohanes Obor | Nov 30, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Government of Indonesia plans to build 4 oil refineries with capacity of 668,000 barrels per day and investment cost of US$23.6 billion. That oil refineries are located in Medan (North Sumatera), Bontang (East Kalimantan), Cilacap (Central...
by Yohanes Obor | Nov 30, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Electricity tariff for household (category one) with 1,300 volt ampere (VA) and 2.200 VA power capacity will be raised by 11% or Rp157 per kilowatthour (kWh) starting December 2015. This is part of tariff adjustment for next month period....
