Indonesia Dealbook : Arc Exploration to develop Trenggalek mine; Sumatra Copper & Gold starts production; Siemens bags $1.17b order from Hyundai

Indonesia Dealbook : Arc Exploration to develop Trenggalek mine; Sumatra Copper & Gold starts production; Siemens bags $1.17b order from Hyundai

Australia’s miner Arc Exploration inks deal with an Indonesian company to explore its Trenggalek Gold-Copper in East Java, while another miner Sumatra Copper & Gold has begun producing gold at its project on Sumatra island. Siemens AG has secured an order to supply three generator switchgears worth $1.17 billion for a power project, constructed by Hyundai Engineering.

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