Golden Energy Mines stock outlook 2012

Indonesia stock info - Golden Energy Mines stock outlook 2012 ; PT Golden Energy Mines (GEMS IJ): The coal producer has signed agreements to sell 4 million tons of coal this year out of a 10 million-ton production target, Kontan reported, citing President Director Fuganto Widjaja. The company expects net income of 892 billion rupiah ($97 million) in 2012, compared with an estimated 482 billion rupiah in 2011, the report said. Golden Energy fell 1.8 percent to 2,700 rupiah. Golden Energy Mines stock 52wk Range: 2,500 - 2,950

Golden Energy Mines Tbk, PT. (GEMS) operates as a holding company. Through its subsidiaries, the Company mines for coal. GEMS' supplies paper mills and export energy markets including China, India, Thailand, Vietnam, and Bangladesh.


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