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View all search resultsmining-companies
National 6 years ago
PREMIUM
Activists denounce dumping of mine tailings in water off Central Sulawesi
If approved, the waste from the nickel and cobalt metallurgy industry would be dumped at sea. According to Environmental and Forestry Minister Regulation No. 18/2018, deep sea tailings must be dumped outside of “sensitive areas” with standard levels of water quality, where the thermocline layer (where water temperatures rapidly decline) is at least 100 meters below the surface and where seabed canyons would allow the tailings to sink to depths of 200 m or more.
Business 6 years ago
State miner Bukit Asam profit falls 22% as coal prices drop
Publicly-listed state coal miner Bukit Asam booked a net profit of Rp 3.1 trillion (US$220.3 million) in the January-September period of this year, a 21.8 percent decrease from the same period last year, although there was a sales increase due to a decline in coal prices and rising costs.
Opinion 6 years ago
PREMIUM
Disclosure regarding mining contracts, licenses essential
Indonesian mining contracts and licenses — the documents detailing the government’s agreements with companies for the exploitation of minerals — remain out of public view despite legislation and court orders that support their publication.
Business 6 years ago
Govt finalizes plan on Vale’s mandatory divestment
The Energy and Mineral Resources Ministry and publicly listed nickel miner PT Vale Indonesia Tbk (INCO) are finalizing the valuation of shares of the nickel mining company that are to be sold to Indonesian investors as part of a mandatory divestment plan.
Business 6 years ago
Indonesia temporarily revokes export permits of five mining companies
An official said the government had also permanently revoked the export permit of PT Gunung Bintan Abadi (GBA), a bauxite producer in Riau. He said the company had ignored three warnings issued by the government.
