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TPG Capital and Singapore sovereign wealth fund GIC have paid 299 trillion rupiah ($331 million) for a stake in an Indonesia coal contractor, Reuters reported The two firms acquired a stake in the special purpose vehicle Northstar Tambang Persada, which owns 40% of coal contractor PT Delta Dunia Makmur, Reuters sa...

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Coal Mining Service Contractor Pama Persada Dharma Henwa Thiess Bukit Makmur Delta Dunia set to pay off US$50 million in debts this year Business Jun 13, 2015 Coal mining service provider Delta Dunia Makmur plans to settle its debts worth up to US$50 million later this year in order to reduce the in mining activities had also affected Delta Dunia Makmur,...

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Aceh Revokes 22 Mining Licenses | Economy & ,

An excavator digs for nickel ore at Mobi Jaya Persada's mining area, Dampala, Marowali, central Sulawesi (12/1) Mobi Jaya Presada, which contributes to Indonesia being the world's biggest exporter of nickel ore that is used in stainless steel production, has already laid off half of its 100 employees ahead of the ban coming into force...

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Coal mining industry in Indonesia - Free Online Library

Structure of Coal Mining Industry in Indonesia , which is owned by Jodiono Tosin (former executive of the Salim Group), David Lansa (the owner of PT Bumi Makmur, the coal mining contractor of PT Berau Coal), and Rizal Risjad (of the Risjadson Group) In June 2006, the Farallon Capital and a number of Indonesian business leaders were reported seeking to take over Berau Coal from PT ,...

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