Advancement for Kingsrose in Indonesia

Courtesy of MiningNews.net Australian gold miner Kingsrose Mining has received the first of two outstanding permits required for commencing production at its Talang Santo project in Indonesia. Kingsrose has an 85% interest in the Way Linggo and Talang Santo projects in southern Sumatra, through its subsidiary PT Natarang Mining. It has received ministerial approval for…

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Indonesia to Start on World’s Biggest Geothermal Plant

Courtesy of Reuters | Posted on The Business Spectator Indonesia will begin construction next month of its long-delayed $1.6-billion Sarulla project, the world’s biggest geothermal power plant, the country’s chief economic minister said on Wednesday. Southeast Asia’s largest economy, home to the world’s largest geothermal resources, is racing to meet power demand growth of more…

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Upper Tengkereng Drilling at All-Time High

Barisan Gold’s activities at the Upper Tengkereng porphyry prospect of the Barisan Copper-Gold Project in northern Sumatra are at an all-time high with two deep drill rigs operating 24 hours per day. The company has received final assay results for a hole completed earlier this year and advice from two holes that are still active.…

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West Lombok Discussions Continue

Courtesy of ASIA Miner News Southern Arc Minerals continues to advance discussions with a number of companies for a potential farm-in, partnership or outright sale of the West Lombok Gold, Silver and Copper Project. Since releasing the West Lombok resource estimate in July 2013 showing an inferred resource of 1.49 million ounces of gold, 1.82…

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7 Infrastructure Projects to Begin

Courtesy of IndonesiaInvestments.com 7 Infrastructure Projects to Begin Before New Administration Takes Over Jakarta. At least seven infrastructure projects are expected to start construction before the current administration leaves its post a mere three months from now, according to Chairul Tanjung, the Coordinating Minister for the Economy. A majority of these projects are located outside…

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