Kategori: Mining

UNTR: Coking Coal Production Rise 98.24%. United Tractors, Tbk (UNTR), successfully recorded the production of coking coal at 1H19. Corporate Secretary UNTR, Sara K Loebis said the company has produced 674,000.

Elnusa Revenue Growth Reach 29%. Elnusa, Tbk (ELSA) recorded good performance along 1H19. The oil and gas service issuer recorded an income of IDR3.77Trn at 1H19, an increase of 29.11% compared to the first half income of last year which amounted to IDR2.92Trn. However, ELSA’s revenue cost increased to 29.68%.

Bumi Resources awaits Coal Contract. Bumi Resources, Tbk (BUMI) management as the parent of two mining companies, Arutmin Indonesia and Kaltim Prima Coal (KPC), are still awaits.

Weekly BYAN Stock Movements. The stock price of the issuers of Bayan Resources, Tbk (BYAN) throughout the year until this Friday (12/7/2019) or minus 13.71% YtD at IDR17.150/share, with the net selling foreign investors in the cash market and the negotiation reached.

Bumi Resources Pays Debt USD30.99Mn. Bumi Resources, Tbk (BUMI) again tried to pay the sixth debt payments that entered the Tranche A scheme of USD30.99Mn. The payment of the debt consisted of USD22.54Mn and USD8.54Mn in.

PTBA: Production Volume of 50 Million Tonnes. Bukit Asam (Persero), Tbk (PTBA) will continue to expand. In 2022, PTBA targeted the volume of coal production in Tanjung Enim will reach 50 million tonnes. This is in line with the target of operating steam power plant PLTU Bangko Tengah Blok A and the addition of Train.

Bayan Resources Credit Facility IDR705Bn. Bayan Resources, Tbk (BYAN) received additional credit facility from Bank Permata, Tbk (BNLI) worth USD50Mn or equivalent IDR705.23Bn with a period of time until 2 January.

TINS: Production of Fuming Smelter July 2019. Timah (Persero), TBK (TINS) strategy in developing the processing and refining facilities of mineral (smelter) technology Ausmelt and fuming began to show the.

ADRO: Diversification on Electricity and Water Business. Adaro Energy, TBK (ADRO) is promoting a line of non-coal business. One of the business pillars that ADRO will develop is the electricity and water business. Both business through Adaro Power and Adaro Tirta.

Elnusa Nodal Technology improves the quality of the oil and gas exploration, which are effective and efficient in Indonesia. Elnusa, Tbk (ELSA IJ) invested ELSA Regent.