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.
Indonesia Mining News
Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit.
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.
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, 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, the world's second-largest coal importer, has defied its prior history of being a price-sensitive buyer and boosted its imports this year.
"It is not just China."
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.
Production at Grasberg in Indonesia will fall by more than half next year as its giant pits transition to underground operations.
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.
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 has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.
Indonesian minister says majority stake purchase of iconic mine seen valued at $3.5 billion to $4 billion.
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.
Up 75% in a year battery producers stock up on high grade exchange-held metal in anticipation of electric vehicle boom.
Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest in the mine.
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.
There’s a well-thumbed playbook for how deals involving gold mines in the remote jungles of Indonesia are meant to turn out.
Company confirmed is in talks to sell its stake in the world’s second largest copper mine to Indonesia’s Inalum.
India's rising coal imports are contributing to higher demand across Asia this year.
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.
The country's biggest tin miner PT Timah Tbk received a permit to ship 32,305 tonnes.
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.
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.
The most drawn-out deal in the global mining industry looks set for another round.