Oct 26, 2012 | Commodities, Industries, News Group
PT Multi Sinar Kencana was established in March 2006 to engage in timber industry/wood working machinery business. Two years later, the company changed its main business to coal mining. How many companies like that in the country? They cut down the trees and then dig...
Oct 12, 2012 | Commodities, Industries, News Group
PT Tiga Baji is one of companies planning to develop nickel smelter in Morowali, Central Sulawesi province. Like others, however, the company’s smelter might not be able to start commercial operation in 2014, the year when miners shall not export minerals in...
Oct 12, 2012 | Commodities, Industries, News Group
Coal stocks end mixed Monday (Dec 10) with Shenhua down 0.93% in Hong Kong, while BHP Billiton gained 0.6% in Sydney. In Jakarta, Bakrie-related coal stocks ended mostly in red as conflicts at Bumi Plc yet to settle down. In this report: (1) Delta Dunia Makmur, (2)...
Oct 11, 2012 | Industries, News Group
Media Nusantara Citra (MNCN), the largest TV broadcasting company in the country, has signed a new investment credit of Rp300 billion with regional development bank Bank BJB. Why the company should take new loan while maintaining over Rp2 trillion of its cash in...
Oct 10, 2012 | Commodities, Industries, News Group
Coal-related shares were mixed all over the world Wednesday (Oct 10) even though Nymex crude oil soared to US$93 per barrel. Shenhua gained 0.82% in HK, while China Coal down 0.42%. In Jakarta, Bumi Resources gains 1.5%, while ITMG, Bukit Asam, and Indika ended lower....
Oct 10, 2012 | Commodities, Industries, News Group
Krakatoa Resources Limited is another Indonesian gold explorer to be listed on ASX. Krakatoa offers 15 million shares in the IPO at an issue price of $0.2 per share to raise $3 million. It is small, and probably not interested for some investors. But, how many...
Oct 10, 2012 | Agriculture, Industries, News Group
Crude palm oil (CPO) regained grounds Tuesday in both physical and futures markets. October price of CPO, however, is now 20% below September’s average price as more companies reported higher output in Indonesia and Malaysia this peak harvesting season. In this...
Oct 9, 2012 | Agriculture, Industries, News Group
President SBY’s ‘rhetoric statement’ that ‘he will stand by palm oil industry’ in the fight to get the ‘green label’ in APEC failed to shore up crude palm oil (CPO) prices and shares. The benchmark November contracts of CPO...
Oct 9, 2012 | Commodities, Industries, News Group
The government has awarded 12 new blocks of coal-bed-methane (CBM) this year. The minimum gas price of $7.5 per MMBTU is also guaranteed by the Upstream Oil and Gas Regulatory Body (BPMigas). Some players have also announced independent resource certifications....
Oct 8, 2012 | Industries, Mining, News Group
Most coal producers reported weaker performance in the first half of 2012. Some even reported losses, including Bumi Resources and Berau Coal Energy. Indo Tambangraya Megah (ITMG), however, reported solid performance in the period. The following tables might be...
