Indonesian gold miner Agincourt Resources plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2017. The gold miner operates the Martabe Gold Mine in North Sumatra through a Contract of Work. Agincourt Resources is for 61.4 percent owned by Australia-based EMR Capital, a private equity manager that is specialized in mining resources and has deep linkages to Asian markets. Although the IDX refrained from mentioning names, it confirmed that at least one miner will IPO in Indonesia in 2017.
26 February 2020 (closed)
USD/IDR (14,018) +52.00 +0.37%
EUR/IDR (15,291) +111.19 +0.73%
Jakarta Composite Index (5,688.92) -98.22 -1.70%