Search result for: "Ferronickel"

ANTM Nickel Ore Mining Sales Volume. In the midst of the Covid-19 pandemic. The state-owned mining issuer, PT Aneka Tambang Tbk (ANTM). Is still scoring an increase in financial performance. Citing financial reports, up to the first nine months of 2020 ANTM post a net profit of IDR 835.78 billion. Up 30.28% on an annual.

As well as Merdeka Copper Buyback IDR 568 Billion. Merdeka Copper Gold Tbk (MDKA IJ) plans to buy back shares of 2%. Of the company’s issue and paid-up capital. This issuer allocate IDR 568 billion for the corporate action. MDKA in the disclosure of information release on Monday, June 22, 2020 explain. The buyback plan.

Ceria Nugraha Indotama (CNI) confirm its commitment in building the factory Ferronickel (smelter). Because the company’s smelter construction, construction of the mine it will soon be started. CNI official gave credence to the smelter construction to state owned enterprise (SOE) Pembangunan Perumahan (Persero), Tbk (PTPP.

Aneka Tambang, Tbk (ANTM:IJ) recorded an increase in gold sales to 385% YoY to 13.1 tonnes in 1H18, compared to 1H17 of 2.7 tonnes. Jump in their gold sales driven by the company’s market development strategy amid low gold prices, In addition, Antam’s ferronickel production also increases by 33% YoY to 12,400 kilograms (kg) in.

Aneka Tambang, Tbk (ANTM IJ), is one of the largest miners in Indonesia, reported its Earnings Before Interest, Tax and Depreciation (EBITDA) worth IDR361.8bn during 1H2017, or higher 35% compared to same period 2016. For the record, the average nickel price at level USD4.55 per pound, and gold at USD1,272 per oz during 1H2017. In.

On rating front, Pemeringkat Efek Indonesia (Pefindo), local rating agency, downgraded two companies last week; Aneka Tambang, Tbk (ANTM:IJ) and Wika Realty. Aneka Tambang was lowered to A-/negative (from A/negative) on the back of weakening business margin due to the decline ferronickel prices amid increasing funding needs for the expansion of capacity of ferronickel plant.