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Indonesia s Inalum to acquire majority stake in Grasberg

An Indonesian state owned enterprise has acquired a majority stake in a copper gold and molybdenum joint venture in a multi billion dollar deal Inalum will acquire for cash consideration of 3 85bn all of Rio Tinto s interests associated with its joint venture with PT

Home Independence Gold Corp

Independence Gold Corp TSX V IGO is a mineral exploration company with projects located in British Columbia and Yukon Our portfolio ranges from early stage grassroots exploration to advanced stage resource expansion projects The Company is positioned to add shareholder value through systemati

United Tractors to acquire more coal gold mines

United Tractors is conducting due diligence audits on a number of coal and gold mines as part of an acquisition Excavators operate at a mining site owned by PT Freeport Indonesia in Timika

UPDATE Barrick CEO sees no competition in his bid for

Barrick Gold Corp Chief Executive Mark Bristow on Wednesday said he sees no competition from rivals in his pursuit of Freeport McMoran Inc s Grasberg copper gold mine in Indonesia but cautioned

Takeovers Panel clears the way for Macmahon Indonesian

As reported by Australian Mining yesterday Cimic made an application for the Takeovers Panel to review Macmahon s proposed deal with Indonesia s PT Amman Mineral Nusa Tenggara AMNT which

Milbank Advises International Lenders in 775M

Milbank Tweed Hadley amp McCloy LLP acted on the behalf of the senior lenders in the US 775 million acquisition by an international consortium of Indonesia s Martabe mine one of the world s largest gold mines The Milbank team represented SMBC HSBC

Indonesia Linklaters

PT Pamapersada Nusantara on its acquisition of Indonesia s Martabe gold and silver mine valued at US 1 21bn – believed to be the biggest ever gold deal in Asia the joint lead bookrunners on the US 4bn senior notes issued by PT Indonesia Asahan Aluminium

Martabe North Sumatra

The mine is a sulphidation epithermal deposit which was discovered in 1997 through regional stream sediment sampling by Normandy Anglo Asia Ltd Since then other deposits have also been discovered and resources at Martabe now stand at 6 73Moz of gold and

Prospect of United Tractors After Acquired Martabe Gold

If we talk about gold mining then most people only know Freeport in Papua and Newmont in East Nusa Tenggara because indeed these two are the largest gold mines in Indonesia In fact with gold reserves of 30 2 million ounces oz and gold sales volume of 2 4 million oz in 2018 the Grasberg Gold Mine of PT Freeport Indonesia could be named as the largest gold mine in the world

Go Jek acquires Loket in a bid to conquer live events space

Go Jek acquires Loket in a bid to conquer live events space Loket s RFID bands for live events Photo See Why live music is a gold mine for tech startups Editing by Michael Tegos And yes

Mining Information AZoMining com

to Supply Energy Efficient Vertimill to PT Agincourt Resources Gold Mine in Indonesia From Corporation MegumaGold Announces Acquisition of Five Palladium and Platinum Claims

EMR Capital strikes again with US1 2b gold deal

The busiest deal maker in the Australian resources sector has struck again with private equity firm EMR Capital set to exit its Martabe gold and silver mine under the terms of a deal that values

Ancora set to acquire West Lombok mine

Publicly listed mining and energy services firm PT Ancora Indonesia Resources aims to seal a deal worth US 2 million this month to take over the West Lombok gold and copper mine in West Nusa

The ASIA Miner

INDONESIA – Wonogiri project advances Augur Resources expects to have completed and submitted an Environmental Assessment Plan AMDAD AMDAL for the Wonogiri Gold Copper Project in central Java by the end of the current quarter The company is also

Newcrest goes for gold with Gosowong sale

Australia s biggest gold producer Newcrest Mining has kicked off a process to sell down its stake in Indonesia s Gosowong gold and silver mine The sale process was forced upon Newcrest last year

With its 3 85b mine takeover Indonesia inherits a 13b

With its 3 85b mine takeover Indonesia inherits a 13b pollution problem by Basten Gokkon on 14 Panoramic view of the Grasberg gold and copper mine in Indonesian Papua on the island of New

United Tractors Buys 95 Stake in Martabe Gold Mine

The Martabe gold mine which covers 1 303 square kilometers in South Tapanuli produces about 350 000 tons of gold a year It booked 150 million in net income last year According to Agincourt Resources annual report Martabe which is one of Indonesia s

GEAR to soon complete acquisition of Australia gold mine

GEAR to soon complete acquisition of Australia gold mine Monday Ma 08 08PM WIB By Romel S Gurky SGX listed energy and mining firm Golden Energy and Resources Ltd GEAR which Log in to read the story Login Feedback

Home PT Merdeka Copper Gold Tbk

Engaged in the mining business encompassing the exploration and future production of gold silver copper and other related minerals

Inalum sells US 4b in bonds to fund gold mine acquisition

JAKARTA State mining holding company Inalum has sold US 4 billion S 5 48 billion in bonds to fund an acquisition of a majority stake in the Indonesian gold and copper mining

IFRS and the mining industry

of post acquisition changes in the fair value of certain types of contingent consideration Post acquisition changes in controlling interests i e dilution gains losses step acquisitions are treated as capital transactions IFRS 3 also contains a new definition of a

Newmont Corporation

Bronzewing Gold Mine View Resources purchased the mine in July 2004 from Newmont for A 9 0 million a package that also included the McClure mining operation 8 km west of Bronzewing 22 Wiluna Gold Mine Also part of the Normandy acquisition Gowit Limited later Agincourt Resources purchased the mine on 10 December 2003 from Newmont for shares and 3 65 million in cash

Newcrest finalizes sale of Gosowong gold mine

Newcrest finalizes sale of Gosowong gold mine Thursday Ma 04 27PM WIB By Romel S Gurky ASX listed Newcrest Mining Limited said on Thursday it

Waste management rules threaten to derail Indonesia

Waste management rules threaten to derail Indonesia mine takeover by Basten Gokkon on 6 June 2018 The Indonesian government expects to conclude this month the takeover of a controlling stake in

The 100bn gold mine and the West Papuans who say they

The 100bn gold mine and the West Papuans who say they are counting the cost Grasberg mine in the Indonesian region has been a source of untold wealth for its owners but local communities say it

Indonesian Group Said to Prepare 2 Billion Newmont

nbsp 0183 32 Newmont Nusa Tenggara owns Batu Hijau the second biggest copper and gold mine in Indonesia after Freeport McMoRan Inc s Grasberg asset which has the world s biggest gold reserves

A Brief Overview

Martabe Gold Mine is managed and operated by PT Agincourt Resources The mine covers an area of 130 300 hectares that falls under the sixth generation of Contract of Work CoW covering a total area of 1 303 km 178 The Mineral Resource on 31 December 2019

Macmahon reveals Indonesian contract acquisition of

He added Whilst Macmahon has been operating in Indonesia since 2008 and has current operations at both the Martabe gold mine and a quarrying contract in Aceh we believe that this strategic

Barrick CEO sees no competition in his bid for Freeport s

Barrick Gold Corp Chief Executive Mark Bristow on Wednesday said he sees no competition from rivals in his pursuit of Freeport McMoran Inc s Grasberg copper gold mine in Indonesia but cautioned
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