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Bumi Resources telah Lunasi Hutang AS$328 Juta Sampai Juli

JAKARTA (TheInsiderStories) - Penambang batubara, PT Bumi Resources Tbk (BUMI) telah membayar total AS$327 juta dan bunga $132,02 juta dari pokok Tranche A-nya termasuk...

Indonesia’s Golden Energy Ready to Increases Shares through Rights Issue

JAKARTA (TheInsiderStories) - Sinar Mas Group' listed mining company, PT Golden Energy Mines Tbk (IDX: GEMS) offers as many as 588.24 million new shares...

Until May 2020, Indonesia’s Coal Production Reached 228 MT

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry reported the realization of coal production until May 2020 reached 228 million tons (MT) of coal...

Benchmark of Indonesia’s Coal Prices Lowers to US$52.98/MT in June

JAKARTA (TheInsiderStories) - The reference coal price in June was dropped again to US$52.98 per metric ton (MT) of coal compared to last month was $61.11...

Moody’s Affirms United Tractors Baa2 Rating, Outlook Stable

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed Indonesian coal miner, PT United Tractors Tbk (IDX: UNTR)' Baa2 issuer rating. The outlook remains stable. The...

Indonesia’s Bakrie, Ithaca, Air Product to Build Methanol Industry US$2B

JAKARTA (TheInsiderStories) - The consortium of PT Bakrie Capital Indonesia (BCI), PT Ithaca Resources, and an American international corporation, Air Products has formed a strategic alliance...

The “Controversial” Mining Law Passes by Indonesia’s Parliament

JAKARTA (TheInsiderStories) - Amid rejection from various organizations and parties, Indonesia' parliament passes the revision of mining law at the plenary meeting today (05/12). The revision...

Morning Briefing: Indonesia Oversees the Inflation Target

JAKARTA (TheInsiderStories) - Good Morning! To keep inflation remaining within the target range of 3.0±1 percent, the government and Bank Indonesia (BI) agreed to maintaining volatile...

Mineral, Coal Investment in Indonesia Drops this Year

JAKARTA (TheInsiderStories) - Mineral and coal investment in Indonesia is expected to decline until 2024, said chair of Indonesian Mining and Energy Forum, yesterday (02/12). The...

Indonesia’s Resources Global Listing in Singapore

JAKARTA (TheInsiderStories) - Indonesia' coal trader and shipping operator, Resources Global Development Pte. Ltd. (QSD) list it shares at Singapore Stock Exchange (SGX) catalist board today (01/31)....

Global Bond of Indonesia’s Bayan Resources Get Rating Ba3

JAKARTA (TheInsiderStories) - Indonesian miner, PT Bayan Resources Tbk (IDX: BYAN) planned notes with worth up to US$600 get Ba3 rating from Moody's Investor Service, said...

Indonesia Set Coal Price for DMO US$70 a Ton

JAKARTA (TheInsiderStories) - Indonesian set the coal price for Domestic Market Obligation (DMO) at US$70 a ton starting Jan. 1, 2020. The government also pegged 25 percent...

Indonesia’s Dian Swastatika Build Coal-fired Power Plant in 2020

JAKARTA (TheInsiderStories) - PT Dian Swastatika Sentosa Tbk (IDX: DSSA) aimed to build coal-fired power plant in 2020, local media reported on Wednesday (12/11)....

Indonesia’s Bukit Asam Raises Funds US$155M from Treasury Stocks Sale

JAKARTA (TheInsiderStories) - Indonesia coal miner, PT Bukit Asam Tbk (IDX: PTBA) raised fresh funds Rp2.17 trillion (US$155 million) from the sale of 649.98...

Bukit Asam Sells US$143M’s Coal to Taiwan

JAKARTA (TheInsiderStories) - Indonesia coal mining company, PT Bukit Asam Tbk (IDX: PTBA) signed a coal sales contract 2 million tons (MT) of coal...

Singapore’ Geo Energy to Acquires Coal Mines in Indonesia

JAKARTA (TheInsiderStories) - Coal producer, Geo Energy Resources Ltd., has submitted a revised non-binding proposal to acquire new coal assets for a producing coal mine...

Indonesia’s BUMI to Pay Off Debt US$250M in 2019

JAKARTA (TheInsiderStories) - One the largest coal producer in Indonesia, PT Bumi Resources Tbk (IDX: BUMI) planned to pay off around US$250 million of its Tranche...

Indonesian Govt Tightens Coal Import Duty Rule

JAKARTA (TheInsiderStories) - Indonesian government has tightened the fiscal facilities in the form of exemption from import duties and value-added tax (VAT) on imported...

Indonesia to Stops Raw Mineral Exports in 2022

Jakarta (TheInsiderStories) - Indonesian government ensured that after 41 smelters operating, the country will stop raw mineral exports in 2022. So far, most of...

Indonesia’s Bayan to Export 23 MT Coals to Bangladesh

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bayan Resources Tbk (IDX:BYAN) signed an agreement of coal supplies with Bangladesh-China Power Company Limited (BCPCL). This...

Indonesia’s Bumi Resources Profit Slumps Almost Half in 1Q 2019

JAKARTA (TheInsiderStories) - The controversial Bakrie-owned company PT Bumi Resources Tbk (IDX: BUMI) felt other gloomy days. In the first quarter (1Q) of 2019,...

Indonesia Sets DMO Allocation 128MT of Coal in 2019

JAKARTA (TheInsiderStories) – Indonesian government set coal supply for domestic market obligation (DMO) in total 128 million tons (MT) of coal, said the senior...

Insight: Political Elites on The Coal Business Corruption

JAKARTA (TheInsiderStories) – The coal mining sector has become a political commodity and funding source for political campaigns in Indonesia for the past 20...

Indonesia’s Coal Industry Hard to Grow in 2019, says Association

JAKARTA (TheInsiderStories) – Over the past 20 years, the growth of the coal industry has been rapid and it has become one of the...

Indonesia’s BUMI Pays US$167M Trance A Debt

JAKARTA (TheInsiderStories) - Indonesian miner, PT Bumi Resources Tbk (IDX: BUMI) has paid US$167.48 million Tranche A Principal and Coupon till date, said the company...

Moody’s assigns Ba3 CFR to Bayan Resources, Outlook Stable

JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned a Ba3 corporate family rating (CFR) to Bayan Resources Tbk (P.T.). The rating outlook is stable. RATINGS RATIONALE "Bayan's Ba3...

Indonesia’s Bukit Asam, KAI Signs Coal Transport Development

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bukit Asam Tbk (IDX: PTBA) and state-owned railways operator, PT Kereta Api Indonesia (KAI) signed Coal Transport Development Framework...

32 Indonesian Miners Proposes Additional Export 21.9MT of Coal

JAKARTA (TheInsiderStories) - A total of 32 coal miners proposed additional production with total amount of 21.9 million tons (MT) of coal by the end of this...

Moody’s Revises ABM Investama’s Outlook to Negative

JAKARTA (TheInsiderStories) - Moody's Investors Service has revised ABM Investama Tbk (P.T.)'s ratings outlook to negative from stable. At the same time, Moody's has affirmed the company's...

Indonesia’s Bukit Asam Keeps Expanding into Downstream

JAKARTA (TheInsiderStories) - Indonesian coal miner PT Bukit Asam Tbk (PTBA) has planned to set up a joint venture company with PT Pertamina, fertilizer producer PT...