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Entries for the ‘Metal & Gold’ Category

Halmahera project & consorsium

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Antam & Halmahera project financing

Two sources close to the deal said Antam and help by its financial advisor PT Danareksa Sekuritas has come out with a request for proposal sent to about 27 investment banks.

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Bumi Minerals grabs US$54 mio dividend

PT Multi Daerah Bersaing (MDB), a subsidiary of PT Bumi Resources Minerals Tbk (BRMS), today obtained US$54 million dividend from gold miner PT Newmont Nusa Tenggara (NTT). Investor Relations BRMS Herwin Hidayat stated in the press release that Multi Daerah Bersaing obtained such dividend because its holds 24% stake in Newmont. ”This is the fourth [...]

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Timah to enlarge stake in Koba Tin?

Indonesia’s largest tin producer PT Timah Tbk (TINS) is rumored to enlarge holding in PT Koba Tin. As reported by a local newspaper today, Timah is currently holding 25% stake in Koba Tin and the remaining is controlled by Malaysia Smelting Corporation Berhad (MSC). A source said Timah is conduction an internal audit as preparation [...]

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