Mining News in Indonesia

COKAL LIMITED
COKAL LIMITED
CKA
Coal
Central Kalimantan, Indonesia
Resource Estimate

CKA: FY2026 Annual Report

Cokal Limited's 2026 Annual Report confirms a stable Mineral Resource of 260.1 Mt and Ore Reserve of 22.98 Mt for its BBM metallurgical coal project, compliant with JORC 2012. The figures show minimal change from the prior year, primarily reflecting mining depletion. However, the report notably omits grade disclosure for these estimates. The company faces significant financial challenges, including net liabilities and a going concern warning, exacerbated by operational delays due to regulatory changes in Indonesia, despite an extended debt maturity.

View story
Baru Gold Corp.
Baru Gold Corp.
BARU
Indonesia

Baru Announces Amendment to Matured Convertible Loan and Issuance of Bonus Warrants

Baru Gold Corp. has entered a forbearance agreement with Mercer Street Global Opportunity Fund to delay repayment of a matured CDN $816,110 convertible loan until July 2027. In exchange, the company will issue over 6.5 million bonus warrants and has reduced the loan's interest rate.

View story
Baru Gold Corp
Baru Gold Corp
BARU
Indonesia

Baru Gold Completes Private Placement

Baru Gold Corp has completed a non-brokered private placement for aggregate proceeds of $336,625 through the issuance of 7,480,555 units. The announcement also restates the Sangihe Gold Project's mineral resources, which include over 200,000 oz of gold and 3 million oz of silver.

View story
Baru Gold Corp
Baru Gold Corp
BARU
Indonesia

Baru Gold Announces Private Placement

Baru Gold Corp has announced a private placement of up to 7,000,000 common shares at $0.045 per share, aiming to raise up to $315,000 to support operations for the next three months. The announcement also references historical NI 43-101 resource estimates for the Sangihe Gold Project in Indonesia.

View story
Baru Gold Corp.
Baru Gold Corp.
BARU
Gold
Indonesia

Baru Gold Advances Production Readiness -- Designs, Prepares for Construction of Automated Gold Production Plant

Baru Gold has awarded a contract for the design and construction of an automated Electrowinning Elution Column Plant at the Sangihe Gold Project in Indonesia. The modular plant is designed to support initial production of 1,500 ounces of gold per month, with scalability up to 3,000 ounces.

View story