BlackGold diversifies from coal into gold
Singapore
LESS than six months after completing its reverse takeover to become an Indonesian coal mining firm, BlackGold Natural Resources is diversifying into gold mining.
With this move, the firm is also hoping to snag Indonesian businessman Johanes Budisutrisno Kotjo - a well-known figure in Singapore's corporate scene in the 1990s who was dubbed to have the Midas touch - as a shareholder.
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