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Elnusa Realized 80% of its Capital Expenditure

By administrator | November 17, 2017 | Mining.

Elnusa, Tbk (ELSA:IJ) prepared a capital expenditure (capex) of IDR300Bn during this year, with the majority of capex has been absorbed worth IDR240Bn or equivalent to 80%. Capex are used to support the company to pursue a target this year. Revenue growth of around 10% compared to the realization of.

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Indo Tambangraya Searching New Coal Fields

By administrator | November 17, 2017 | Mining.

Add the source of coal mine into the main agenda of Indo Tambangraya Megah, Tbk (ITMG:IJ) unti next year. Since, two of the six fields of its mines would close operations in the 2Q18. Both of these mines respectively are under of Kitadin and Jorong Barutama Greston. For the record, Kitadin operating commercially since July.

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Aneka Gas Issue Bonds and Sukuk to Refinancing

By administrator | November 17, 2017 | Mining.

Aneka Gas Industri, Tbk (AGII:IJ) will issue Shelf Registered Bond I Tranche II Year 2017 worth IDR256Bn. In addition, the company will also issue Shelf Registered Sukuk Ijarah I Tranche II Year 2017 worth IDR144Bn. According to the issuance of bonds and sukuks, each has a ratings at level A-(idn) by Fitch Ratings.

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Kideco Support Indika Energy’s Stock Price

By administrator | November 17, 2017 | Mining.

Indika Energy, Tbk (INDY:IJ) in the middle to complete the process of acquisition of 45% of the Kideco Jaya Agung shares worth USD677.5Mn. Thus, Indika will increase its ownership in Kideco be 91%, from 46% through its subsidiary, Indika Inti.

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Nusa Konstruksi Enjiniring and Macmahon Builds Mine Project

By administrator | November 15, 2017 | Mining.

Nusa Konstruksi Enjiniring, Tbk (DGIK IJ) continues to pursue new projects, since it just got a mining gold and copper construction contract in the region of Tujuh Bukit or Gunung Tumpang Pitu, Banyuwangi, Jawa Timur. Company is joint venture with Macmahon Holding Limited, is trusted to work on the construction in one of the biggest.

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Timah Spend IDR144.14Bn for Exploration

By administrator | November 14, 2017 | Mining.

Timah, Tbk (TINS:IJ) spend cost of IDR144.14Bn for exploration conducted in Bangka and Belitung until October 2017. Exploration activities are conducted on land and sea area. As for this in November, company plan continue.

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PP Energi Offers Shares to Public in 2018

By administrator | November 14, 2017 | Mining.

PP Energi plan to offer as much as its 35% of the shares to public through an initial public offering (IPO) in 2018. The subsidiary of Pembangunan Perumahan, Tbk (PTPP:IJ) would overtake other company’s subsidiaries to become a member of the Indonesia Stock Exchange (IDX). This year, PTPP will also deliver on of his business, namely.

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Indo Tambangraya Profit Surged 147%

By administrator | November 11, 2017 | Mining.

PT Indo Tambangraya Megah, Tbk (ITMG IJ) notes the significant performance growth in 3Q17. Company registered a revenue of USD1.16bn per September 2017, increse 20.17% compare to same period 2016 USD958mn. Third party coal revenues contributed the the most to total income of 98.73% or equivalent with.

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Trada Alam Minera Switched to the Mining Business

By administrator | November 9, 2017 | Mining.

Plan of PT Trada Alam Minera, Tbk (TRAM IJ) to change the primary focus of his business seems to be realized immediately. The reason, the company has obtained approval from its shareholders to do a capital increase through the right issue. The proceed will be used for the acquisition of coal mining company which is.

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Medco Focus on Midsized Electric EBT

By administrator | November 8, 2017 | Mining.

PT Medco Energy International, Tbk (MEDC IJ) will only focus on power projects with a capacity of the medium. Other than that, the company will also focus on the development of new energy projects and renewable electricity such as geothermal, hydro and gas. Currently, Medco electrical business unit is divided into two, the first to.

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