Bombarded by foreign sells, MDKA plunges 18.22%
29 Nov 2024 08:13
PT Merdeka Copper Gold Tbk (MDKA) saw an 18.22% decline or 430-points downturn within the past month, arriving at IDR 1,930 per share at the opening bell today (29/11).
Petrosea to form new subsidiary in mining services industry
14 Nov 2024 10:28
PT Petrosea Tbk (PTRO) has established another new subsidiary called PT Lintas Kelola Berlaba (LKB) through one of its existing subsidiaries, PT Petrosea Infrastruktur Nusantara (PIN).
Forming new subsidiary, PTRO to seek opportunities in mining infrastructure
23 Oct 2024 14:09
PT Petrosea Tbk (PTRO) has recently formed a new subsidiary called PT Petrosea Infrastruktur Nusantara (PIN) in order to support business expansion.
Managing government’s mining concession, Muhammadiyah to form 2 companies
12 Sep 2024 12:20
Muhammadiyah Central Board, one of the major religion organisations in Indonesia, has formed two companies to manage mining concessions granted by the Indonesian government.
RIGS’s profit soared 26.35% despite only slight increase in revenue
09 Sep 2024 11:06
PT Rig Tenders Indonesia Tbk (RIGS) booked net profit of IDR 78.97 billion in the first half (H1) of 2024, up 26.35% year-on-year (yoy) from the same semester last year.
J Resources’ controller considers divestment
04 Sep 2024 09:27
Jimmy Budiarto, the controlling shareholder of PT J Resources Asia Pasifik Tbk (PSAB), is said to currently consider divesting 92.5% of the company's shares.
Bukit Asam targets coals sales to reach 43.1 million tons this year
27 Aug 2024 12:56
PT Bukit Asam Tbk (PTBA), a coal mining company under PT Mineral Industri Indonesia (Persero) or MIND ID, is targeting coals sales volume this year to reach 43.1 million tons.
Facing exchange rate issues and extreme weather, DOID lost USD 25.58 million in H1 2024
01 Aug 2024 15:00
PT Delta Dunia Makmur Tbk (DOID), a mining service company, booked a loss of USD 25.58 million in the first half of 2024.
Amman Mineral’s net profit skyrocketed 300% in the first half
29 Jul 2024 11:00
PT Amman Mineral Internasional Tbk (AMMN), a copper and gold mining company debuted in Indonesia Stock Exchange (IDX) circa mid-2023, booked net profit of USD 472.25 million in the first half of 2024.
RMKO to manage Gorby mining facility project worth IDR 61 billion
23 Jul 2024 15:12
PT Royaltama Mulia Kontraktorindo Tbk (RMKO) has resumed its partnership with PT Atlas Resources Tbk (ARII) to develop and operate the mining facility of PT Gorby Putra Utama (GPU).