Kategori: Mining

As well as INCO Synergy with MIND ID. Mining holding of State-Owned Enterprises (SOEs), namely Mining Industry Indonesia (MIND ID). Is just one step away from controlling 20% ​​of Vale Indonesia Tbk (INCO IJ) shares. MIND ID and the majority shareholders of INCO have sign definitive divestment agreements. This means that 20% of INCO’s shares.

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.

Darma Henwa Net Profit Grows 159%. Mining service company Darma Henwa Tbk (DEWA IJ) posted revenues of USD 81.98 million in 1Q20. This number increased 24% YoY compared to revenues in 1Q19 of USD 66.11 million. DEWA cost of revenues also increased by 29.97% YoY to USD 81.90 million in 1Q20. In the same period.

Bukit Asam Dividend Payout Ratio 90%. As well as, Bukit Asam Tbk (PTBA IJ) decided to distribute dividends for the 2019 fiscal year worth IDR 3.65 trillion. This decision was taken at the annual general meeting of shareholders. Which was held in Jakarta on Wednesday (06/10). Therefore, PTBA dividend payout ratio reaches 90%. Of the.

As well as BYAN Average Selling Price Declines. Coal mining companies cannot be separate from the impact of the Covid-19 pandemic. One of them is experience by Bayan Resources Tbk (BYAN IJ). Which must stop the operations of its subsidiary entities. A number of Bayan Resources’ subsidiaries which temporarily halt production operations are Bara Tabang.

Bayan Resources Stop Operations of Three Subsidiaries. Coal mining companies cannot be separated from the impact of the Covid-19 pandemic. One of them is experience by Bayan Resources Tbk (BYAN IJ), which had to stop the operations of its subsidiary entities. A number of BYAN subsidiaries which temporarily halt production operations are Bara Tabang locate.

Freeport Indonesia Smelter Stunted. COVID-19 global pandemic hit the mineral and coal mining sector. Overshadowed by the Coronavirus outbreak, the mineral downstream project in the form of the construction of a smelter was hampered. A producer of copper and gold, Amman Mineral Nusa Tenggara, for example. This subsidiary of Medco Group submitted a request to.

Coal Company Optimism amidst Coronavirus. India enters a lockdown period of 21-day to stem the spread of the Coronavirus COVID-19 which has become a global pandemic. On the other hand, India became a major market for the export of Indonesia coal after China. As an illustration, in 2018, coal exports to China market supported 25.7%.

One of mining company, Super Energy Seeks New Gas Source. Super Energy, Tbk (SURE IJ) allocates funding for capital expenditure (capex) worth IDR 100 Billion. This capex will be used to support business plans in the year 2020. SURE looking for business development opportunities, especially the new gas sources. Issuers engaged in this gas processing.

Coal company, Bumi Resources Extend its Contract. Bumi Resources Tbk (BUMI) proposed an extension of PKP2B, after Arutmin Indonesia has extended contract. Based on data from the Ministry of Energy and Mineral Resources (ESDM), as many as seven mining companies, the Coal Mining Business Agreement (PKP2B), which will be out of contract period. ADHI New.