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Indonesia’s Citra Mineral Raises US$92M from Rights Issue

JAKARTA (TheInsiderStories) - Indonesian miner, PT Cita Mineral Investindo Tbk (IDX: CITA) its targeting raises Rp1.3 trillion (US$92.86 million) fresh funds from the rights issue. The...

Indonesia’s MIND ID Boost the Production to Curb Import

JAKARTA (TheInsiderStories) - PT Indonesia Asahan Aluminum (MIND ID), a state-owned miner, aimed to boost the production around 500,000 tons of aluminum per annum to...

MIND ID Prepares US$500M to Acquire Vale, Moedak Appoints as CEO

JAKARTA (TheInsiderStories) - Indonesian miner, PT Indonesia Asahan Aluminium (MIND ID) prepared funds US$500 million to acquire 20 percent stake of PT Vale Indonesia...

Indonesia’s Golden Energy Conducts Rights Issue to Meet Free Float Rule

JAKARTA (TheInsiderStories) - Indonesian miner, PT Golden Energy Mines (IDX: GEMS) plans to conduct right issue to increase the public ownership at the Indonesia...

Indonesia’s Mining, CPO Prices for Export Rises in May

JAKARTA (TheInsiderStories) – Indonesian government elevated benchmark price for several types of mining products, crude palm oil, and cocoa beans, said the government official on Thursday...

Insight: Downstream Projects for Mining Still Stagnant in the Widodo’s Term

JAKARTA (TheInsiderStories) – During Indonesian President Joko Widodo' term, the development of the downstream for mining sectors still stagnant. Even though this sector can provide...

Indonesian Mining Oligarchy Around Widodo, Subianto

JAKARTA (TheInsiderStories) – The second debate of presidential candidates last Sunday ignited a number of new questions. Debates over energy, food, infrastructure, natural resources...

Indonesia’s Indika Adding Ownerhips in Australian Natural Resources

JAKARTA (TheInsiderStories) – Indonesian miner, PT Indika Energy Tbk (IDX: INDY) through its unit, PT Indika Mineral Investindo (IMI), has invested AUS$639,459.80, or equivalen to...

Indonesia’s J Resources Private Placement May Stumble on Free Float Regulation

JAKARTA (TheInsiderStories) — Indonesian gold miner, PT J Resources Asia Pasifik Tbk (IDX: PSAB) will issue 2.64 billion new shares through private placement, said...

Indonesia’s Export Bencmark Prices for Mining and CPO in October

JAKARTA (TheInsiderStories) - Ministry of Trade set the benchmark of export levy for mining and palm oil products based on the international price fluctuations for October,...

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...

Indonesia Issues Mandatory Export Proceed Placed at Local Banks

JAKARTA (TheInsiderStories) - Indonesia government continues to strive to increase domestic foreign exchange reserves by requiring all export proceeds to put their revenues in the local...

Indonesia’s Param Mitra Coal Backdoor Listing in Singapore

JAKARTA (TheInsiderStories) - Indonesia's Param Mitra Coal Resources (PMCR) has entered into sales and purchase agreement  with Singapore's listed firm C&G Environmental Protection Holdings that will...

Policy Review: Can Indonesia Get Cured from the Dutch Disease?

JAKARTA (TheInsiderStories)— While Indonesia is pushing to boost its manufacturing sector, the country is apparently being trapped by the Dutch Disease situation. The administration of...

Policy Review: Downstream Industry Urges Incentives

JAKARTA (TheInsiderStories)—Indonesia urges to set up new incentive to boost the mining downstream industries. The country is currently trapped in a stagnation on this sector. Indonesia’s...

Fajar Harry : Holding Company for Mining Will Establishs

JAKARTA (TheInsiderStories) - The establishment of the first holding company ever in Indonesia has come closer to reality. Since the Ministry of State-Owned Enterprises announced...

Freeport Indonesia’s Shares Divestment Unclear, Loss US$3 Million on Strike

JAKARTA (TheInsiderStories) - Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan insist the divestment of PT Freeport Indonesia (FI) not final yet but the agreement...

MedcoEnergi Issues Global Bonds of US$300 Million

JAKARTA (TheInsiderStories) – Oil and gas producer, PT Medco Energi Internasional Tbk (IDX: MEDC) has issued bond of US$300 million with final coupon of...

Three Smelting Firms Cease Operation

JAKARTA (TheInsiderStories) - Three smelting companies halt their operating following the dropped of nickel price since the beginning year. The firms namely PT Indoferro, PT...

Exclusive Contract for Freeport? Mulls to Offer 10% on IDX

JAKARTA (TheInsiderStories) -  While U.S minerFreeport-McMoRan Inc. (FCX) said it opts to stop its investment in Indonesia operation if its Indonesia's entity, PT Freeport Indonesia...

Govt, Freeport Deals on Contract Extension and Smelter Development

JAKARTA (TheInsiderStories) - The Ministry of Energy and Mineral Resources (MEMR) has reached agreement with Freeport Mcmoran Inc. (NYSE: FCX) for further operation its Indonesian unit....