Spending USD 239 million, INDY to secure returns from gold mine in 2026
20 Nov 2024 14:06
PT Indika Energy Tbk (INDY) is still grappling with challenges in its non-coal business diversification as of the first nine months (9M) of 2024.
PTRO is all set for mining service contract worth IDR 4 trillion
06 Nov 2024 17:12
PT Petrosea Tbk (PTRO), a construction and mining service provider company, signed a mining service agreement term sheet between PT Niaga Jasa Dunia (NJD) and PT Bara Prima Mandiri (BPM) last Tuesday (5/11).
DMAS secures IDR 1.5 trillion in credit for Deltamas area development
01 Nov 2024 16:41
PT Puradelta Lestari Tbk (DMAS) received a loan facility of IDR 1.5 trillion from PT Bank Mandiri (Persero) Tbk (BMRI) for the development of the Deltamas area. This issuer manages the Deltamas area of 3,200 hectares (ha).
Forming a joint venture, Erajaya Swasembada spent IDR 52.2 billion of investment
30 Oct 2024 07:46
PT Erajaya Swasembada Tbk (ERAA), a retailer specialised in telecommunication devices, has formed another joint venture (JV) through one of its subsidiaries, PT Era Sukses Abadi (ESA).
Aneka Tambang to loan Feni Haltim IDR 124.8 billion
30 Oct 2024 06:48
PT Aneka Tambang Tbk (ANTM) will channel a shareholder loan facility to one of its affiliates, PT Feni Haltim (FHT), worth IDR 124.8 billion.
Antam to work with PLN to supply 150 MVA for Kolaka smelter
29 Oct 2024 06:09
PT Aneka Tambang Tbk (ANTM) or Antam has formed a strategic partnership with PT Perusahaan Listrik Negara (PLN) to provide an electricity supply of 150 megavolt ampere (MVA) for the ferronickel smelting facility of Antam in Pomalaa, Kolaka, Southeast Sulawesi.
BUMA to secure mining service contract worth IDR 107.8 trillion
28 Oct 2024 13:35
PT Bukit Makmur Mandiri Utama (BUMA) has amended coal mining service contract involving PT Indonesia Pratama (IPR), a subsidiary of PT Bayan Resources Tbk (BYAN). BUMA is known to be the subsidiary of usaha PT Delta Dunia Makmur Tbk (DOID).
FWCT secures IDR 100 billion financing facilities from Indonesia Eximbank
21 Oct 2024 15:11
PT Wijaya Cahaya Timber Tbk (FWCT), a plywood industrial producer, has received financing facilities from Indonesia Eximbank in the form of export working capital credit.
PTRO to invest IDR 6 trillion on mining equipment in Central Kalimantan
01 Oct 2024 10:01
PT Petrosea Tbk (PTRO) spent IDR 6 trillion of its capital expenditure (capex) budget in order to acquire new supporting equipment to support business expansion in Central Kalimantan.
HOKI eyes healthy rice market through Dailymeal products
26 Sep 2024 13:11
PT Buyung Poetra Sembada Tbk (HOKI), a premium rice manufacturer and distributor debuted on Indonesia Stock Exchange (IDX) in 2017, is now eyeing market opportunity arising from high demand for healthy rice through its Dailymeal products.