December 2010
Completed IPO transaction and raised $ 232 millions
February 2011
Received Award for year 2010 Best Equity Deal in Southeast Asia from the Alpha Magazine in Singapore.
November 2016
Divested Newmont Nusa Tenggara for $400 mio to deleverage balance sheet (debt to equity ratio improves from 1.25 to 0.6).
June 2017
Non preemptive rights issue and debt to equity swap which increase the equity and reduce the debt outstanding, each by $232 mio (debt to equity ratio improves from 0.68 to 0.23).
November 2017
Citra Palu (gold) secured a construction & production permit (construction period of 3 years and production period of 30 years) until year 2050.
December 2017
Dairi Prima (Zinc) secured a production permit (production period of 30 years) until year 2047.
September 2018
Formed partnership with NFC China by selling 51% of Dairi Prima (zinc) to NFC China for $198 million (to deleverage balance sheet and to develop Dairi zinc).
February 2019
Gorontalo (copper & gold) secured a construction & production permit (construction period of 3 years and production period of 30 years) until year 2052.
December 2019
Citra Palu (Gold) completed the contrsuction of processing plant (500 tons or ores / day capacity)
January 2020
Citra Palu (Gold) started project commissioning (no load & load tests, trial production)