Indonesia Mining News

Central bank demand for gold reaches 3-year high

Egypt recently bought gold for the first time since 1978, India, Indonesia, Thailand and the Philippines have re-entered the gold market after years-long absences.

Coal exports from top shipper hobbled with miners facing constraints

Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit.

Indonesia issues new rules for commodity exporters as rupiah slides

Indonesia has laid out new rules for commodities exporters to guarantee funding for shipments through Indonesian banks or branches of foreign banks in the country.

Nickel producers eye Indonesia to plug into EV battery market

SMM said that it and nickel miner PT Vale Indonesia are conducting a feasibility study to build a nickel processing project in Pomalaa, Southeast Sulawesi.

Nickel price to benefit from short supply, strong steel demand through 2019

Nickel, which recently hit its lowest since December, could climb as high as $16,000 a tonne by the end of 2018 and $18,000 a year later.

India boosts purchases of Indonesian coal as prices drop

India, the world's second-largest coal importer, has defied its prior history of being a price-sensitive buyer and boosted its imports this year.

Seven new powerhouses to drive mineral demand: EMR exec

"It is not just China."

Global bauxite production to grow: Fitch

Fitch Solutions Macro Research states that bauxite production growth will remain high over the coming years, as new projects come online in Australia, Indonesia expands exports, India’s production ramps up, and existing projects in Guinea drive growth.

Copper supply woes on show with No. 2 mine output to halve

Production at Grasberg in Indonesia will fall by more than half next year as its giant pits transition to underground operations.

Indonesia unlikely to change coal supply, pricing rules until 2019

Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated.

Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner

The world’s No.2 miner is selling its 40% in the giant Grasberg mine, the world’s second largest copper operation, to Indonesia’s state mining company PT Inalum.

Indonesia extends Freeport operating permit for Grasberg

Indonesia has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.

Indonesia close to acquiring Freeport's Grasberg copper mine

Indonesian minister says majority stake purchase of iconic mine seen valued at $3.5 billion to $4 billion.

Giant mine spewing waste for decades turns into battleground

Every year, Freeport-McMoRan Inc. dumps tens of millions of tons of mining waste into the Ajkwa River system in Indonesia. The company has been doing it for decades, and is demanding the right to keep at it for decades to come.

Nickel price is soaring

Up 75% in a year battery producers stock up on high grade exchange-held metal in anticipation of electric vehicle boom.

Indonesia's Adaro says Australia approves Kestrel coking coal mine deal

Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest in the mine.

Distraction or disaster? Freeport’s giant Indonesian mine haunted by audit report

As follow-up to the audit, the environment minister issued two decrees that gave Freeport six months to overhaul management of its mine waste at Grasberg.

Freeport’s Grasberg jujitsu move will pay off

There’s a well-thumbed playbook for how deals involving gold mines in the remote jungles of Indonesia are meant to turn out.

Rio Tinto about to offload stake in Grasberg mine for $3.5 billion

Company confirmed is in talks to sell its stake in the world’s second largest copper mine to Indonesia’s Inalum.

India's thermal coal imports rise over 15 pct in Q1 – trader

India's rising coal imports are contributing to higher demand across Asia this year.

Asia coal industry sees blue skies, ignores storm clouds: Russell

While there may be scope to be bullish on the short- to medium-term outlook for coal, the risk factors for the industry appear to be mounting.

Indonesia grants tin export permits to 12 companies including PT Timah

The country's biggest tin miner PT Timah Tbk received a permit to ship 32,305 tonnes.

Indonesia sees coal output flat in 2019 amid equipment shortage

Amid concerns Indonesia could exhaust existing minable coal reserves of 13 billion tonnes 25 years, the government is considering measures to push miners to carry out exploration work before they can obtain permits to increase output.

Indonesia's Timah Q1 refined tin output down 23 pct

Refined tin output fell to 5,361 tonnes in the quarter from 6,963 tonnes in the same period last year, the company said in a statement.

Grasberg hardball scores an own goal for Indonesia: Gadfly

The most drawn-out deal in the global mining industry looks set for another round.