Jan 7, 2012 | Industries, Mining, News Group
Oil and gas company PT Energi Mega Persada (ENRG) Tbk has just released its first quarter 2012 financial statement. Sales revenue jumped 140%, while operating profit almost tripled to US$41 million. Comprehensive net profit, however, dropped to US$2.45 million only....
Jan 5, 2012 | Industries, Mining, News Group
Both Bukit Asam and Adaro Energy reported relatively strong results in the first quarter. Berau Coal and Bayan Resources, on the other hand, reported weaker results. In this report: (1) Bayan Resources, (2) Timah, (3) Harum Energy, (4) Vale Indonesia, (5) Aneka...
Jan 4, 2012 | Industries, Mining, News Group
Two oil and gas companies, PT Energi Mega Persada (ENRG) Tbk and PT Medco Energi Internasional (MEDC) Tbk, have released their 2011 results. ENRG, controlled by Bakrie Group, reported net profit of Rp252.7 billion against loss of Rp257 billion in 2010. MEDC,...
Jan 4, 2012 | Industries, Mining, News Group
Out of so many nickel projects in Indonesia, Lasamphala in Sulawesi is one of the most interesting from various perspectives: global competition of resources, local and national political dynamics after the downfall of Soeharto in 1998. What’s happened to this...
Jan 3, 2012 | Industries, Mining, News Group
Gold may have left its peak. The current price, US$1,723 per ounce, is still attractive for gold explorations, including in Indonesia. If you are one of shareholders in G-Resources (HKEX), Sihayo (ASX), Newcrest (ASX), or Southern Arc Minerals (TSX Venture), should...
Oct 1, 2011 | Industries, Mining, News Group
Berau Coal Energy (BRAU) reported net profit of US$132.4 million in nine months of 2011, tripled from the same period of 2010. Yet, the stock is traded 31% below its peak last year. This company is now preparing two major actions: New Notes and New Shares. At Rp415...
