August 23, 2014 12:25 AM ET

Metals and Mining

Company Overview of PT Indo Muro Kencanais

Company Overview

PT Indo Muro Kencanais owns and operates as gold and silver mining company. The company is based in Indonesia. PT Indo Muro Kencanais operates as a subsidiary of Straits Resources Ltd.



Key Executives for PT Indo Muro Kencanais

PT Indo Muro Kencanais does not have any Key Executives recorded.

PT Indo Muro Kencanais Key Developments

PT Indo Muro Kencanais Seeking To Sell

PT Indo Muro Kencanais has lodged a petition with the Indonesian Commercial Court to commence voluntary bankruptcy proceedings. Straits Executive Chairman, Andre Labuschagne said “This was always the least preferred outcome for PT IMK. Since Mt Muro was placed on care and maintenance on 2nd August 2013, we have actively sought a buyer for the operation and despite interest from numerous parties we have not been able to finalise a sale. Therefore the directors of PT IMK were left with no other choice but to petition the Indonesian Commercial Court to commence voluntary bankruptcy proceedings”.

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