Latest Indonesia News

Lion Energy has struck a pivotal farm-out deal with OPIC, securing 88% funding for its 2026 Bula Karang exploration well in Indonesia’s East Seram PSC, significantly reducing its financial exposure while retaining substantial upside.

Ovanti Limited has raised $3 million through a discounted share placement to fund its expansion into the US buy now, pay later market and support ongoing litigation.

Range International’s subsidiary Re>Pal Indonesia has landed significant supply contracts with major FMCG players Yakult, FKS Food, and Mayora, marking a strong step in sustainable packaging solutions.

Stellar Resources has reported a significant 51m wide tin mineralisation zone at its Severn deposit, reinforcing the potential to upgrade and expand its Heemskirk Tin Project resource. Ongoing drilling and rising tin prices underpin the company’s advancing prefeasibility study.

SportsHero Limited has secured its largest-ever cash receipt of approximately A$530,000 following the successful rollout of its iGV.Com Game Pass in the Philippines, marking a pivotal step in its commercial journey.

Far East Gold has expanded its diamond drilling program at the Sua Prospect in Indonesia following impressive high-grade gold assay results, aiming to unlock further resource potential.

SportsHero Limited’s new HeroPlay mobile gaming platform is off to a strong start in Indonesia, attracting nearly 300 daily subscribers and generating early revenue that validates its market strategy.

Recce Pharmaceuticals has won a significant Australian Government R&D tax incentive, unlocking up to A$85 million for its synthetic anti-infective programs worldwide, including a pivotal Phase 3 clinical trial.

Far East Gold has confirmed and extended high-grade gold mineralisation at its Sua prospect in Papua, Indonesia, with recent drill results revealing new bonanza-grade zones and promising resource potential.

Nickel Industries has secured approval to increase its 2025 nickel ore sales quota by 1.5 million wet metric tonnes, enabling immediate sales resumption. This milestone is underpinned by a groundbreaking environmental permit that supports innovative, sustainable mining practices.

Bass Oil has signed a binding three-year gas sales agreement with Origin Energy for supply from the Vanessa Gas Project, marking a strategic entry into the East Coast Gas Market starting in 2026.

Ovanti Limited’s US subsidiary has secured a key partnership with Mastercard’s Finicity to enhance its upcoming Flote BNPL platform, aiming to revolutionize consumer finance with real-time data insights.