Golden Energy and Resources Ltd

SGX:AUE

Golden Energy & Resources Ltd. is an investment holding company, which engages in the exploration, mining, marketing, and trading of thermal coal. The firm is engaged in mining of metallurgical coal through its subsidiary Stanmore Resources Limited, which operates in Australia; mining of energy coal through its subsidiary PT Golden Energy Mines Tbk (GEMS), which operates in Indonesia; mining of gold through Ravenswood Gold Pty Ltd, which operates in Australia; and various investments in renewable energy projects in Asia. The firm operates through three segments. Energy coal segment includes exploration, mining, processing and marketing of energy coal from its coal mining concession areas and procuring sales orders from customers and sourcing for domestic suppliers. Metallurgical coal segment includes exploration, mining, processing and marketing of metallurgical coal from its coal mining concession areas. Non-coal Business segment includes forestry, investment holding company, gold mining and provision of management services.