Tag Archives: decline

Earnings Fall 22% Pawnshops Because Kraft

Mortgage PT (Persero) recorded a decrease in net income to Rp 718 billion in the first half of 2013. The number is down about 22% when compared with net income in the same period of the previous year of Rp 929 billion. Profit decline was due to a continued decline in the price of gold […]

Freeport Papua Gold Production Drops

Production and sales of PT Freeport Indonesia copper plummeted in the second quarter of 2013. This, due to the collapse of an underground tunnel incident at the Grasberg mine in Papua in mid-May. Reported by page FCX, Wednesday, July 24, 2013, Freeport posted sales of 158 million pounds of copper and 151 thousand ounces of […]