The battle for Indonesia’s Gold Island
A Canadian-listed mining company has been granted a concession over more than half of an Indonesian island.
A Canadian-listed mining company has been granted a concession over more than half of an Indonesian island.
Indonesia’s biggest coal-producing province of East Kalimantan has recorded a spike in coronavirus cases, with miners among those infected.
Activists in Indonesia have filed a legal challenge to controversial mining legislation passed last year and widely seen as undermining environmental protections to the advantage of mining companies.
Indonesia’s PT Pertamina aims to increase output at the Rokan block to 165,000 barrels of oil per day by the end of the year.
Turquoise Hill Resources said an independent review ofUS$1.4 billion in cost overruns at the Oyu Tolgoi mine in Mongolia suggested that the project’s troubles were not caused by the geology issues.
Indonesia has suspended coal exports from 34 coal mining companies it said failed to meet domestic market obligations between January and July this year.
Indonesia set its coal benchmark price at the highest in at least a decade in August, an official document published by its energy and minerals ministry late on Tuesday.
Fitch Ratings-Singapore-09 June 2021: Fitch Ratings expects the recovery in operating and financial performance of Indonesian coal miners and coal contractors to slow during rest of 2021.
Monitors Fast Moving Personnel Temperatures with Face Mask or Face partially hidden in Real-Time.
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