Darma Henwa delays Gayo drilling and Darma Henwa stock sits at EUR 0.02

Published on 10/14/2026 at 12:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Darma Henwa stock costs EUR 0.02 on October 14, 2026. IDX shows IDR 330.00 versus IDR 338.00. The range spans IDR 234.00 to IDR 865.00.

Exploration status and market context

Darma Henwa reported 0 meters of new drilling in the third quarter of 2026.
Cumulative drilling stood at 31,485.75 meters at the end of the third quarter of 2026.
Darma Henwa stock trades at EUR 0.02 at 12:12 p.m. CEST at Lang & Schwarz on October 14, 2026.

Darma Henwa, ID1000107303, Illustration mit AI erstellt.

Darma Henwa (ID1000107303) stock was at EUR 0.02 at Lang & Schwarz on October 14, 2026 at 12:12 p.m. CEST, as the company faced continued delays to its Gayo exploration drilling. CNBC Indonesia reported on October 13, 2026 that the subsidiary Gayo Mineral Resources completed 0 meters of new drilling in the third quarter of 2026.

Three dated exploration milestones

On May 13, 2026, the project received its second Indicative Map for the Suspension of New Licenses decision, according to CNBC Indonesia. In September 2026, SRK Consulting conducted its first site visit for an independent resource review. On October 13, 2026, the reported third-quarter drilling total was 0 meters, while cumulative drilling stayed at 31,485.75 meters.

What does the delay mean?

The permit bottleneck affects a project designed to add a new growth option for Darma Henwa. The company said the Phase 2B program can resume after the required exploration permit extension and the upgrade to a production permit. The planned program includes 13,172 meters for ore-body knowledge work at Upper Tengkereng.

The operating burden continues while field drilling is paused. Gayo Mineral recorded exploration spending of IDR 14.51 billion in the third quarter of 2026, even though drilling produced 0 meters during the period, CNBC Indonesia reported. Flooding and landslides in Aceh also disrupted access and logistics.

Dates for the next work phase

The geological database system was targeted for operational readiness by the end of October 2026, while the planned Phase 2B drilling schedule runs from February 2026 through June 2027, according to IDXChannel. The next operational milestone is therefore the permit process rather than fresh drilling data.

Stock context in Jakarta

Darma Henwa operates mining support and excavation businesses as well as metal fabrication activities, according to Stock Analysis. Its IDX quote was IDR 330.00 on October 14, 2026, compared with IDR 338.00 previously, while the 52-week range was IDR 234.00 to IDR 865.00.

EUR quote stays at two cents

Darma Henwa stock was trading at EUR 0.02 at Lang & Schwarz on October 14, 2026 at 12:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Darma Henwa stock.