09/12/2019 - 15:47

Nusantara in $116m funding deal to build Indonesian gold mine

09/12/2019 - 15:47

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One of Indonesia’s largest integrated resources companies, Indika Energy, is looking to take a 40% stake in Nusantara Resources’ two million ounce Awak Mas gold project in Indonesia, virtually clearing a pathway for the mine to be built. Indika plans to invest up to AUD$58m in Nusantara’s wholly-owned subsidiary, PT Masmindo DWI Area to secure its 40% share in the proposed gold mine.

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