Just recently, Directorate General of Mineral & Coal of
Ministry of Energy has issued the fourth ‘Clean & Clear’ (C&C) mining
projects in Indonesia, of up to 211 licenses. That will sum up to 4,597 mining
licenses which have bagged license certainty from central government.
Indonesian Miners
Wednesday, May 30, 2012
Tuesday, October 11, 2011
East Nusa Tenggara, The Republic of Manganese (2)
East Nusa Tenggara, The Republic of Manganese (2)
Local manganese miners which have ‘clean and clear’ license from Ministry of Energy in East Nusa Tenggara reached 29 licenses. The number should be bigger as if the unlisted ones included. We have talked about PT Soe Makmur Resources’ license previously, so the following article would present the other 28 licenses.
Wednesday, October 5, 2011
East Nusa Tenggara, The Republic of Manganese (1)
East Nusa Tenggara, The Republic of Manganese (1)
Manganese spreads across Africa, China, Georgia, and several Russian fraction countries. It is widely used for battery, steels, aluminium alloys, etc. BHP has several mines in Australia, There is Ghana Manganese Ltd in Ghana, Manganese Metal Company based in South Africa, and US has American Manganese Inc. Meanwhile, Indonesia has East Nusa Tenggara as the manganese main source.
Sunday, October 2, 2011
Minerals This Week...
Tin export has been halted due to falling prices on London Metal's Exchange. Bear in mind all metals prices has fell significantly in this week following weaker Dollar on debt issues. Well, looking on its trend, I believe the price will go back to normal in mid of this month or at least in the end of October. Stories from coal, nickel, and aluminum wrap up our week.
Tuesday, September 27, 2011
IDX Newboy: PT Atlas Resources
Newboy: PT Atlas Resources
PT Atlas Resources Tbk finally published its IPO prospectus today, after being talked for recent six months. Interestingly, the publication was made post plummeting Indonesian energy stocks yesterday.
Sunday, September 25, 2011
Minerals This Week...
Minerals This Week…
Lots of stories happened in this week, starting from nickel, copper, coal, to manganese. Companies bust up all over Indonesian regions to make investments. Starting from now, I will make a compilation to sum up all minerals stories happened in the week every Sunday.
Friday, September 23, 2011
SMR Utama & Adisaputro Family
SMR Utama & Adisaputro Family
Indonesia Stock Exchange welcomes another newboy recently, PT SMR Utama Tbk (SMRU), the only manganese miner in the stock market. The company targets to raise Rp300 billion, mostly to support its production in East Nusa Tenggara. Fundamentals?
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