JAKARTA : Indonesian copper and gold miner PT Amman Mineral Internasional has submitted the documents needed to launch an initial public offering, an official at the financials regulator said on Monday.Indonesia's energy company Medco Energi Internasional owns a 23.1 per cent stake in Amman Mineral.
JAKARTA : Indonesian copper and gold miner PT Amman Mineral Internasional has submitted the documents needed to launch an initial public offering, an official at the financials regulator said on Monday.Inarno Djajadi, head of capital market supervision at the Financial Services Authority, said his team was still reviewing the documents.
At a news conference, he said he could not give details on the amount that Amman hoped to raise or the IPO's timeline. The miner has 25,000 hectares of concession areas with reserves of 17.54 billion pounds of copper and 23.9 million ounces of gold, according to its website. Amman Mineral through its unit operates the Batu Hijau copper and gold mine in Indonesia's West Nusa Tenggara province.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indonesia must achieve palm oil replanting target -senior officialJAKARTA : Indonesia will boost efforts to ensure a scheme to replant palm oil to lift flagging yields meet a target of 180,000 hectares this year, an official said on Monday, as growers of the edible oil face increased scrutiny over sustainability.The world's biggest palm oil producer launched a subsidise
Read more »
At Jordan talks, Israel, Palestinians pledge to prevent new unrestAMMAN: Israeli and Palestinian officials pledged after rare talks in Jordan on Sunday (Feb 26) to prevent more violence, which has surged this year and saw two Israelis killed in the West Bank as th
Read more »
Partners of Singapore shoe recycling project apologise for ‘lapse’ leading to export of footwear for saleA Reuters investigation found that several pairs of shoes meant for recycling were instead exported to Indonesia for sale.
Read more »
SportSG and partners apologise over lapse that led to used shoes donated for recycling being sold in IndonesiaSINGAPORE — Sport Singapore (SportSG) and its partners have apologised after donated sports shoes meant to be recycled for use in facilities such as jogging tracks ended up being offered for resale instead because of a mix-up at a subcontractor's premises.
Read more »
Veered off track? SportSG and partners apologise after ‘lapse’ in shoe recycling project uncoveredSINGAPORE – National agency Sport Singapore (SportSG) and its partners in a shoe recycling project on Monday issued a joint apology for a “lapse” highlighted in a Reuters investigation, which revealed that old sneakers meant to be recycled for use in building playgrounds and running tracks had instead ended up for sale in Indonesia. The project’s partners comprise sporting goods...
Read more »