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Companies 4 days ago
PREMIUM
Bayan sells stake to Prabowo ally after quota cut
According to Bloomberg, Haji Isam previously offered around US$3 billion in cash to acquire a 62 percent stake in Bayan Resources, that would represent a discount of approximately 80 percent relative to the current market price.
Archipelago 1 month ago
PREMIUM
Indonesia’s energy transition leaves coal communities struggling to adapt
In Muara Enim regency, the heart of South Sumatra's coal industry, the closure of mines has left local residents scrambling to find new livelihoods, while others continue to live with the economic hardship and environmental scars left behind by decades of mining.
Politics 2 months ago
PREMIUM
Court revokes direct appointment for mining permits
All parties eligible to manage mining permits, including religious groups and universities, must go through a selection process that is necessary to ensure fairness and equal treatment, according to a Constitutional Court ruling.
Asia & Pacific 3 months ago
At least 90 dead in China's worst coal mine disaster in over 16 years
Chinese President Xi Jinping called for authorities to "spare no effort" in treating the injured and conducting search and rescue operations, while ordering a thorough investigation into the cause of the accident and strict accountability in accordance with the law.
Companies 5 months ago
PREMIUM
Heavy equipment sales projected to rise as RKAB approvals gather pace
Heavy equipment sales in Indonesia are expected to pick up in the second half of this year, driven by the gradual approval of mining companies’ annual production plans (RKAB), industry players say, although rising commodity prices have yet to trigger immediate demand.
Politics 1 year ago
PREMIUM
New Mining Law paves legal way for concessions for religious groups
The revision of the 2009 Mining Law passed by the House also allows universities to work with state-owned or private entities that own concessions for research and internship access as well as scholarships for students funded by mining revenue.
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