Kategori: Mining

PT Baramulti Suksessarana, Tbk (BSSR IJ), a coal mining company, targeting its net profit worth USD75mn until the end of 2017, compare to the realization last year worth IDR27.42mn. Company is aimining for total sales of 9 – 10 million tonnes, or derived from the initial target of 10.3 million tonnes. For the record, company.

PT Trada Maritime, Tbk (TRAM IJ)’s acquisition plan mining company, made the company plans to change the composition of its core business. This is also made the company decided to change the company name. In the extraordinary general meeting of shareholders, on October 18, 2017, management asked for the approval of its shareholders for the.

PT Baramulti Sukessarana, Tbk (BSSR IJ) will share its dividend interim for the fiscal year 2017. Company will used its 1H17’s net profit as the basis for dividend yield. This plan has gained approval from company’s general meeting. The interim dividend are distributed in total USD25mn, with the position of companys net profit worth USD42.06mn.

PT Bukit Asam, Tbk (PTBA IJ), is a state-owned company of which the Government of Indonesia owns 65%, reported its volume sales reach 17.24 million tonnes until 3Q17, or increased from the previous 15.14 million tonnes. The volume supported by domestic sales which is increase 20% to 11.03 million tonnes, and still dominate contribution 64%.

PT Vale Indonesia, Tbk (INCO IJ)’s production of nickel matte is continues to rise, since its production in 3Q17 higher 0.28% than compared to previous quarter. During 3Q17, company producing the nickel matte as much as 20,163 metric tons, while in 2Q17 as much as 20,107 metric tons. The approximate of production year 2017, were.

PT Energi Mega Persada, Tbk (ENRG IJ) is losing its assets that exists in Mozambique, since its participating interest in Buzi Block disturbed. Management contract of the block ended this year, but Mozambique government is precisely not to extend the contract. For the record, Energi owns 75% stake of Buzi Block in in the year.

PT Indika Energy, Tbk (INDY IJ)’s plan to acquire PT Kideco Jaya Agung, amidst consent solicitation from company’s bondholder worth USD500mn which will be due in 2023. As much as 97.1% of bondholders are agree to company’s plan to acquires 45% of Kideco, the third-largest coal producer in Indonesia. For the record, the acquisition funds.

PT Kapuas Prima Coal, Tbk (ZINC IJ) is preparing a number of expansion, such as in the region of Central Kalimantan since company had a considerable land there. Currently, company used land only 390 Ha, or only 7% from its total permission, clean and clear land up to 5,569 Ha. Company is produced 60,000 tonnes.

PT Aneka Tambang (Persero), Tbk (ANTM IJ), a diversified metal mining company in Indonesia, realized its right issue fund worth IDR687.17bn until September 2017, from totaling worth IDR5.35trn. Company is already utilized fund for Halmahera feronickle factory phase 1 project worth IDR686.89, and working capital.

PT Kapuas Prima Coal, Tbk (ZINC IJ)’s stock price increased up to level IDR238 per share, or 70% at the opening of its first day on October 17, 2017. Issuer coded ZINC noted on the Development Boad, has the initial offer price at IDR140 per share. Company release its 550 million shares or equivalent to.