Latest South Kalimantan Stories

BOTHELL, Wash., Jan. 24, 2012 /PRNewswire/ -- Borneo Resource Investments Ltd. (OTCPK: BRNE), announced today that it has issued a letter to its shareholders. Borneo Chairman and CEO, Nils Ollquist commented, "As a relatively new publicly traded company, we are sensitive to the fact that currently very little information is available in the public domain regarding our activities." "After our merger and acquisitions, we wanted to update our existing shareholders, and also provide...

LOS ANGELES and JAKARTA, Indonesia, Jan. 10, 2012 /PRNewswire/ -- PHI Group, Inc., (OTCQB: PHIE), (Pinksheets: PHIE) a company focused on energy and natural resources, announced today that it has signed a Letter of Intent with PT. HBP, an Indonesian company, to jointly operate a producing coal mine with operation and production license (IUP Operasi Produksi) in South Kalimantan, Indonesia. According to the terms, PHI Group and PT. HBP will sign a definitive Operation...

New ore plants to be built in Indonesia JAKARTA, Aug. 19 (Xinhua) -- Three new iron ore plants will be built in Indonesia's South Kalimantan province in a bid to meet rising global demand for the product, the Jakarta Post reported here Tuesday. The plants will be built by Meratus Jaya inc., Semeru Surya inc. , Steel and Mandan Steel inc. with investments of 300 million U.S. dollars, Director of the Indonesian Industrial Ministry I Gusti Putu Suryawirawan said. "Meratus and Mandan will...

Excerpt from report in English by influential Indonesian newspaper The Jakarta Post English-language website on 18 August [Article by Mustaqim Adamrah: "Iron strength in metals leads to three new ore plants in Kalimantan"] Three companies plan to build iron ore plants worth a combined USD 300 million in investment in South Kalimantan, in an attempt to meet rising global demand for the product. The three are PT Meratus Jaya, PT Semeru Surya Steel and PT Mandan Steel, Department of Industry...