Indonesian Political, Business & Finance News

Archive: 25 April 2009

2 articles found

Traditional oil miners in Bojonegoro do not reject investors

Bojonegoro (ANTARA News) - Local crude oil miners in Beji, Hargomulyo and Wonocolo villages, Kedewan subdistrict, Bojonegoro, did not reject investors joining this activities. "The oil miners could accept investors joining their mining operations," said Kedewan subdistrict chief Hery Kismanto here Friday. He said the crude oil miners operating in three villages in Kedewan subdistrict running 47 old wells each day, have no problem with the joining of investors like PT.

OZ Minerals says it is to sell Indonesian project

Sydney (ANTARA News) - Australian miner OZ Minerals on Friday said it had agreed to sell its Martabe gold and silver project in Indonesia to a Hong Kong-listed investment company for more than 200 million US dollars. The announcement of the planned deal with China Sci-Tech (CST) came a day after Canberra approved a revised 850 million US dollar takeover offer for the debt-laden Australian company from China's Minmetals.