ITMG’s profit shrank 58.33% in 2023
22 Feb 2024 07:14
The net profit of PT Indo Tambangraya Megah Tbk (ITMG) decreased 58.33% throughout 2023 compared to the same period in 2022. The decline of profit was driven by lower revenue.
TAYS to allocate IDR 25 billion for 2024 capex
15 Dec 2023 10:10
PT Jaya Swarsa Agung Tbk (TAYS) allocates capital expenditure (capex) budget of IDR 20 billion to IDR 25 billion in 2024.
PTBA records profit IDR 3.90 trillion, declining 61.67%
31 Oct 2023 15:01
PT Bukit Asam Tbk (PTBA)'s profit shrank 61.67% in the third quarter of 2023, compared to the same period in 2022. This occurred in line with a decrease in revenue and an increase in the cost of revenue.
BYAN eyes production of 80 million MT in five years
18 Oct 2023 15:34
PT Bayan Resources Tbk (BYAN) is targeting coal production to reach 80 million metric tons (MT) in the next five years. This issuer also aims to score coals production and sales volume of 42 to 48 million metric tons (MT).
BKL to terminate mining license in Long Bangun, West Kutai
18 Oct 2023 14:37
PT Bara Karsa Lestari (BKL), an indirect subsidiary of PT Bayan Resources Tbk (BYAN), ended its Mining Business License over 7,000 hectares (Ha) of land in Long Bangun, West Kutai, East Kalimantan.
CUAN eyes coal and gold mines in Central Kalimantan and West Nusa Tenggara
05 Sep 2023 09:13
PT Petrindo Jaya Kreasi Tbk (CUAN) extends its interest in gold and metallurgical coal mining in Murung Raya, Central Kalimantan, as well as in Sumbawa, West Nusa Tenggara.
Enhancing profitability, BYAN acquires Kariangau Power
03 Jul 2023 12:48
PT Bayan Resources Tbk (BYAN) and its subsidiary, PT Bayan Energy (BE), acquire the entire shares of PT Kariangau Power, owned together by Low Tuck Kwong, SLM Holding Pte Ltd (SLM), and Gallant Power Pte Ltd (Gallant).
Price declining, Low Tuck Kwong to acquire more of BYAN
09 Jun 2023 16:19
Low Tuck Kwong continues to raise his portion in PT Bayan Resources Tbk (BYAN) as the company’s stock price continues to decline since May 2023.
UNTR’s subsidiary to acquire 857 million shares of Nickel Industries
09 Jun 2023 10:20
PT Danusa Tambang Nusantara (DTN), a subsidiary of PT United Tractors Tbk (UNTR), signed the acquisition agreement over 857 million shares issued by Nickel Industries Limited (NIL), a company publicly listed on Australian Stock Exchange (ASX).
PTRO to acquire mining company in West Kutai
12 May 2023 13:28
PT Petrosea Tbk (PTRO) will acquire 99.93% of shares of PT Kemilau Mulia Sakti (KMS) for USD 90.5 million.
