Kategori: Mining

The performance of Bukit Asam, Tbk (PTBA:IJ) still good, since the trend of rising coal prices and company’s efficiency. In 1H18, Bukit Asam record revenue of IDR10.53Trn, increase 17% compared the same period of the last year,.

Net income of Mahaka Integra Radio, Tbk (MARI:IJ) growth 15.20% 1H18. These coal mines company recorded a net income of IDR66.91Bn during the first six months of 2018. On the other hand, company’s profit down 19.88% to IDR17.731Bn in the same period in last year. In June last year, its profits reached.

Vale Indonesia, Tbk (INCO:IJ)’ production fell to 18,893 metric tonnes in 2Q18 from 20,107 tonnes in 2Q17. Decline in production was due to a delay in some planned maintenance activities to April from previously scheduled in.

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.

Indonesia Asahan Aluminium (Inalum) gained USD5.2Bn loan offer that comes from 11 local and foreign banks. The offerings including to help finance the purchase of Freeport’s Grasberg mine stake, the management.

Darma Henwa, Tbk (DEWA:IJ) targeting its capital expenditures (capex) worth USD35Mn in 2018. While until 31 December 2017, the company’s capital expenditures reached USD30.17Mn or down 25.3% compared to the previous year’s.

Borneo Olah Sarana Sukses, Tbk (BOSS:IJ) plans to add more heavy equipment in August 2018 that will value in IDR114Bn transaction. The company targets 500,000 tonnes of coal production in FY18, increase from 200,000-300,000 tonnes of coal realization in.

Production of the new mining land use Atlas Resources, Tbk (ARII:IJ) located in the area of Banyan Koalindo Lestari (BKL) already started since early July 2018. Banyan Koalindo Lestari will begin shipping in August 2018, since company start its production this month. For the first production of the targeted 500-700 tons, since Banyan Koalindo Lestari.

During a week, foreign investors did buy shares of Indo Tambangraya Megah, Tbk (ITMG IJ). Foreign investors registered a net buy worth IDR45.58Bn, and even foreign investors registered a net buy worth IDR21.04Bn.

Aneka Gas Industri, Tbk (AGII:IJ) is targeting its sales to grow by 10%-15% YoY in FY18, compared to FY17 sales realization of IDR1.83Trn. This target was supported by additional facility of gas filling station and trend in market.