Latest Indonesia News

Far East Gold has launched a 10-hole diamond drilling campaign at its high-grade Sua gold prospect in Papua, Indonesia, aiming to confirm and expand a substantial inferred resource. Historical drilling revealed multiple impressive gold intercepts, with grades reaching up to 52.3 g/t Au.

Centaurus Metals has secured the final mining lease for its Jaguar Nickel Project in Brazil, clearing a major regulatory hurdle and moving closer to a Final Investment Decision and project development.

Triangle Energy and its joint venture partners have been awarded two offshore service contracts in the underexplored Sandakan Basin, Philippines, holding significant contingent gas and condensate resources. These contracts mark a strategic expansion into a promising region with multi-TCF exploration upside.

OpenLearning Limited has raised $2.6 million through a well-supported equity placement to accelerate its global growth and AI-driven product development, targeting new markets like the Philippines and Brazil.

Cokal Limited has successfully completed its first commercial trial coal shipments since May 2025 to Indonesian buyers, signaling a positive shift in market conditions and setting the stage for expanded sales in the final quarter.

BPH Global Ltd reports steady seaweed sales of A$222,656 for August, supported by a fully operational warehouse in Makassar and ongoing partnerships in Indonesia.

Eagle Mountain Mining Limited has dismissed any undisclosed price-sensitive information following a sharp rise in its share price, attributing the movement to external market events and ongoing strategic negotiations.

Range International has completed the first tranche of a capital raise, securing A$1.58 million to support growth in Indonesia and the Philippines while reducing debt.

Recce Pharmaceuticals has initiated patient dosing in its pivotal Phase 3 trial for diabetic foot infections in Indonesia, targeting a significant market with high diabetes prevalence. Interim results expected in early 2026 could accelerate regulatory approval and commercial launch.

Premier Investments reported a 31.1% rise in net profit after tax for FY25, driven by strong growth in its continuing operations after divesting its Apparel Brands to Myer. The company is now concentrating on expanding its high-margin Peter Alexander and Smiggle brands.

Austin Engineering has announced a Board-approved on-market share buy-back of up to 10% of its ordinary shares over the next 12 months, reflecting confidence in its financial strength and growth prospects.

KMD Brands reported a slight revenue increase to NZD 989 million for FY25 but faced significant underlying losses, prompting a strategic reset. The company also reinforced its commitment to tackling modern slavery risks across its global supply chain.