by Yohanes Obor | Nov 17, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – Gold producer PT J Resources Asia Pacific Tbk (PSAB) allocates US$50 million for capital expenditure (capex) next year, used to fund the construction of smelter and gold mine. The company plans to develop gold mine in Pani, Gorontalo or Doup,...
by Yohanes Obor | Nov 17, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Rukun Raharja Tbk (RAJA), one of few natural gas distribution companies in the country, allocates capital expenditure (capex) of US$40 million for 2016. The company will focus to complete gas supply projects in Tanjung Jabung Timur (compressed...
by Yohanes Obor | Nov 16, 2015 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Plantation firm PT Eagle High Plantations Tbk (BWPT) allocates Rp140-160 billion for building crude palm oil (CPO) mill in East Kalimantan. The CPO mill will have production capacity of 30 tons per hour. The construction will start in mid...
by Yohanes Obor | Nov 13, 2015 | Energy, News, Resources
CALGARY (Yosefardi) – Niko Resources Ltd has received approval from the Government of Indonesia for the sale of its subsidiary holding an interest in the North Ganal PSC for net cash consideration of $1.5 million after working capital adjustments. Closing of...
by Yohanes Obor | Nov 11, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) booked net profit of US$306.32 million in first nine months to September of 2015, dropped 48% from US$591.80 million in the corresponding period of 2014. Revenues declined...
by Yohanes Obor | Nov 10, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal producer PT Toba Bara Sejahtera Tbk (TOBA) targets its coal-fired power plant (PLTU) business to contribute 40% of total revenues. TOBA plans to build independent power producer (IPP) with capacity of 100 megawatts (MW) which costs...
