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In an announcement to Bursa Malaysia Securities today, Borneo Oil Berhad (Bornoil) said its indirect wholly-owned subsidiary, Borneo Energy Sdn Bhd (BOE), has entered into a sale and purchase agreement with Gold Billion Global Limited (GBG) for […]
The Borneo Oil Berhad (BornOil) group has expanded its mining activities in Pahang following the approval of a new mining lease pursuant to its Exclusive Production Sharing Agreement (EPSA) with HDL Global Sdn Bhd (HDL). The new lease forms part of a […]
In an announcement that had flown under the radar of the investment community, the Borneo Oil Berhad (BornOil) group announced last Thursday, 25 March 2021 that it had entered into an agreement to acquire an […]
Borneo Oil Berhad (BornOil) and Minetech Resources Berhad (MRB) have teamed up with the intention of carrying out mining works at Bukit Ibam, Pahang. In separate announcements to Bursa Malaysia this evening, both companies said that their respective wholly-owned […]
The world abandoned the gold standard in 1971 at a time when the price of gold stood at US$40 per ounce. Today, gold prices have breached the US$2,000 per ounce mark as investors look for […]