Golden Energy and Resources (GEAR)

SINGAPORE (Jan 12): KGI Securities has initiated coverage on Golden Energy and Resources (GEAR) with a “buy” recommendation and a target price of 95 cents – close to double its current trading price.

SINGAPORE (Dec 16): After being suspended for 18 months, shares of Golden Energy and Resources (GEAR) are currently trading at a bargain compared with those of other Indonesia-based coal miners.

Golden Energy and Resources (GEAR) resumed trading this past week, just as excitement about coal is taking off once again. And, its shares appear to be a bargain compared with those of other Indonesia-based coal miners.

SINGAPORE (Sept 19): Sinar Mas-backed Golden Energy and Resources (GEAR) has received approval from the Indonesian Government to increase coal production at its 24,100 ha concession PT Borneo Indobara (BIB) from 6.3 million tonnes in FY15 to 7.5 million t