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  • INDONESIA-FOCUSED NATURALRESOURCES MINING COMPANY

    INDONESIA-FOCUSED NATURAL
    RESOURCES MINING COMPANY

    BlackGold Group is an Indonesia-focused coal mining company targeting Indonesia’s rapidly-growing power plant industry, with a specific focus on supplying coal to power plants located in Riau province, Sumatra, Indonesia.

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  • BLACKGOLD SIGNS NON-BINDING MOU WITH AN ESTABLISHED FINANCIAL INSTITUTION IN RELATION TO A S$20 MILLION CONVERTIBLE BOND FACILITY

    BLACKGOLD SIGNS NON-BINDING MOU WITH AN ESTABLISHED FINANCIAL INSTITUTION IN RELATION TO A S$20 MILLION CONVERTIBLE BOND FACILITY

    Singapore, 30 November 2017 – The Board of Directors (the “Board” or “Directors”) of BlackGold Natural Resources Limited (the “Company” and, together with its subsidiaries, the “Group” or “BlackGold”) wishes to announce that on 30 November 2017, the Company entered into a non-binding memorandum of understanding (the “MOU”) with an undisclosed lender (the “Lender”; collectively, the “Parties”), which is an international financial institution with established presence in Hong Kong and a rapidly expanding network across the globe, pursuant to which the Company intends to raise up to S$20 million by way of the issuance of convertible bonds (the “Convertible Bonds”).

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  • BLACKGOLD CELEBRATES COMPLETION OF ITS NEW JETTY IN RIAU PROVINCE

    BLACKGOLD CELEBRATES COMPLETION OF ITS NEW JETTY IN RIAU PROVINCE

    Singapore, 19 November 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce the completion of its jetty at Kuala Cenaku, in Riau province, Indonesia.

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  • NEW PARTNER JOINS CONSORTIUM FOR DEVELOPMENT OF THE RIAU-1 PROJECT

    NEW PARTNER JOINS CONSORTIUM FOR DEVELOPMENT OF THE RIAU-1 PROJECT

    Singapore, 18 September 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that, on 15 September 2017, it entered into a Heads of Agreement (the “HOA”) with various parties to form a new consortium (the “Consortium”) in relation to an ongoing cooperation project for the development, construction, operation and maintenance of a 2 x 300 MW coal-fired power plant in Riau province, Sumatra, Indonesia (the “Riau-1 Project”).

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  • BLACKGOLD SIGNS ADDENDUM TO COAL SALES CONTRACT WITH PLN

    BLACKGOLD SIGNS ADDENDUM TO COAL SALES CONTRACT WITH PLN

    Singapore, 7 September 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that the Group , through its subsidiary, PT Samantaka Batubara (“PT SB”), has signed an addendum (the “Amendment”) to the coal sales and purchase contract (the “Coal Sales Contract”) on 6 September 2017 with the Indonesian state-owned electricity company, PT Perusahaan Listrik Negara (“PLN”).

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  • JOHANES KOTJO INCREASES STAKE IN BLACKGOLD

    JOHANES KOTJO INCREASES STAKE IN BLACKGOLD

    Singapore, 21 August 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that Mr Johanes Budisutrisno Kotjo (“Mr Johanes Kotjo”), a consultant and shareholder of the Group, had on 17 August 2017 purchased 300,000 shares in the Company (the “Purchase”) from the open market.

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Our Business


In Riau province – the location of BlackGold’s assets – the electrification rate is behind the rest of Sumatra, creating an opportunity for future power generation. BlackGold Group’s coal concessions are strategically located in proximity to regional power plants and meet the calorific requirements for coal utilisation.

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Coal Concession



PT SAMANTAKA BATUBARA

PT SB is a production asset located in Riau province, Sumatra, comprising 15,000 hectares

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PT AUSINDO ANDALAS MANDIRI

PT AAM is an exploration concession located in Riau province, comprising 19,840 hectares.

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PT AUSINDO PRIMA ANDLAS

PT APA is an exploration concession located in Riau province, comprising 10,710 hectares.

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NEWS & MEDIA

 

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