Coordinating Minister of Economics Hatta Rajasa recently stated publicly that those miners who will get expired shall give their concession to the state, and if they want to re-negotiate them, they shall re-negotiate the terms. Well, that's great for the state and people, but what's the meaning for the companies? Further lobby must be made from now, especially for those who will be expired in the next 10-20 years.
Thursday, June 23, 2011
Wednesday, June 8, 2011
Indika Energy: Performance & Issues
I just recently look at Indika's financial performance for Q1-2011 and found its operating profit fell 30%. Yeah, every company might experience it anytime, but I found something interesting especially with recent issues.
Wednesday, June 1, 2011
Sihayo And Major Issues
Recently PT Sorik Mas Mining (SMM), Indonesian partner of Sihayo Gold Ltd, become a hot topic after its offices and camps were burnt down by protester. Well, this kind of incident is already common for all miners, let`s say Arc Exploration, Freeport, etc. What strange from them is on why their issues become a hot topic?
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