Indonesia

Nickel close to month-high as Indonesia keeps ore ban

Cecilia Jamasmie | November 19, 2014
Nickel close to month-high as Indonesia keeps ore ban

The country effectively halted all but processed metal shipments in January in an effort to force miners to build smelters.

Freeport-McMoRan's profit down 32% amid lower copper, gold prices

Cecilia Jamasmie | October 28, 2014
Freeport-McMoRan's profit down 32% amid lower copper, gold prices

The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.

Indonesia’s Choice: Coal vs. Environment

Epoch Times | October 19, 2014

Indonesia cannot build power stations fast enough. And neither can most of its Asian neighbours.

Vale to ditch 20% of its nickel assets in Indonesia

Cecilia Jamasmie | October 17, 2014
Vale to ditch 20% of its nickel assets in Indonesia

The agreement signed with Indonesia’s outgoing government also means higher royalties to be paid by the firm.

Open the door

Nickel is present in over 3000 different alloys that are used in over 300,000 products for consumer, industrial, military, transport/aerospace, marine and architectural applications.

18 killed after illegal gold mine collapses in remote central Indonesia, officials say

ABC Radio Australia | October 5, 2014

Eighteen people have been killed after an illegal gold mine collapses in remote central Indonesia, a local search and rescue official says.

Blockade lifted at Freeport Grasberg mine in Indonesia

Cecilia Jamasmie | October 3, 2014
Blockade lifted at Freeport Grasberg mine in Indonesia

Operations, however, won’t resume until at least Oct. 7.

Operations at Freeport Grasberg copper mine remain blocked

Cecilia Jamasmie | October 2, 2014
Operations at Freeport Grasberg copper mine remained blocked

Protesters are demanding management to review safety conditions following a fatal accident on Sept. 27.

Newmont ships first copper from Indonesia in eight months

Cecilia Jamasmie | September 30, 2014
Newmont ships first copper from Indonesia in eight months

30,000 tonnes of copper concentrate were sent out Monday.

Open-pit mining suspended after four killed at Freeport Indonesia's copper mine

Reuters | September 28, 2014

Freeport-McMoRan Inc temporarily suspended open-pit mining at its Indonesian mine on Saturday, a company statement said, after four people died in an accident at one of the world's biggest copper mines.

Newmont gets permit to restart Indonesia copper exports this week

Cecilia Jamasmie | September 22, 2014
Newmont gets permit to restart Indonesia copper exports this week

The announcement marks the end of a long-dragged dispute between the Colorado-based miner and Southeast Asian nation.

Newmont, Indonesia make peace: copper exports may resume this week

Cecilia Jamasmie | September 2, 2014
Newmont, Indonesia make peace: copper exports may resume this week

Both sides are closer than ever to ending an eight-month tax dispute over exports of the industrial metal's concentrates.

Newmont abandons mining arbitration case against Indonesia

Cecilia Jamasmie | August 26, 2014
Newmont abandons mining arbitration case against Indonesia

Operations at the miner's Batu Hijau copper and gold mine to resume soon.

Copper price tumbles on dismal China data, Indonesia exports

Frik Els | August 6, 2014
Copper price tumbles on China, Indonesia

Copper price down more than 1% after gauge of China's services economy drops to near 9-year low and restart of Indonesian exports ease supply fears.

Freeport to resume Indonesia copper exports within days

Frik Els | August 4, 2014
Freeport to resume Indonesia copper exports within days

Exports for the year could reach 756,000 tonnes after US company agrees to build smelter and sell a stake in subsidiary to locals.

Coal exporters not backing down despite glut; could China enter the market too?

SNL Energy | July 30, 2014
Coal exporters not backing down feat

No signs of production slowdown in major coal-exporting countries.

Freeport, Indonesia make peace: copper exports to resume in August

Cecilia Jamasmie | July 25, 2014
Freeport, Indonesia make peace: copper exports to resume in August

Indonesia's top copper miner hopes next month to ramp up production and restart concentrate shipments from Grasberg, one of the world's largest copper mines.

Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

Cecilia Jamasmie | July 24, 2014
Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.

Indonesia lifts six-month ban of metal concentrate exports

Cecilia Jamasmie | July 22, 2014
Indonesia lifts six-month ban of metal concentrate exports

The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.

Indonesia to revoke Newmont license unless resumes output, lifts lawsuit

Cecilia Jamasmie | July 17, 2014
Indonesia to revoke Newmont license unless resumes output, lifts lawsuit

Authorities are is planning to send a letter to the Colorado-based miner saying that it has defaulted on its contract and, therefore, is “negligent."

Lundin Mining acquires Freeport-McMoRan copper mine in Chile — report

Cecilia Jamasmie | July 11, 2014
Lundin Mining acquires Freeport-McMoRan copper mine in Chile — report

The transaction would be worth over $2 billion.

Freeport, Indonesia reach preliminary deal over copper exports

Cecilia Jamasmie | July 7, 2014
Freeport, Indonesia reach preliminary deal over copper exports

Newmont, instead, was called to return to the negotiation table or face the consequences.

Freeport-McMoran mulls selling one of largest copper mines in Chile

Cecilia Jamasmie | July 3, 2014
Freeport-McMoran mulls sale of one of largest copper mines in Chile

Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.

Asia Resource Minerals chairman steps down after investor uprising

Cecilia Jamasmie | June 27, 2014
Asia Resource Minerals chairman steps down after investor uprising

The scandal-struck Indonesian coal miner formerly known as Bumi, did not re-elect Chris Walton at the annual shareholder meeting Friday.

Indonesia ban keeping nickel price on the boil

Frik Els | June 17, 2014
Indonesia ban keeps nickel price on the boil

Philippines and New Caledonia can't supply enough laterite nickel ore to China.

Freeport, Indonesia make headway towards settling copper exports impasse

Cecilia Jamasmie | June 17, 2014
Freeport to resume Indonesia copper exports within days

The parts agreed on basic framework for contract renegotiations for Grasberg mine.

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