Indonesia Mining News

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

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

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

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

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

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

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

Copper price tumbles on dismal China data, Indonesia exports

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

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?

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

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

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

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

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

The transaction would be worth over $2 billion.

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

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

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

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

Freeport, Indonesia make headway towards settling copper exports impasse

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

Asia Resource Minerals CEO von Schirnding steps down

The company, until recently known as Bumi, has named independent director Amir Sambodo as Nick von Schirnding’s successor.

Report: Thermal coal price forecasts too pessimistic

Macquarie says sub-$65 unlikely because first Indonesian and then Australian producers will drop out of the market around these levels.

Newmont halts all operations in Indonesia, declares force majeure

The company is putting about 80% of its Batu Hijau mine employees on leave at reduced pay from Friday.

Newmont stops copper output at Indonesia mine

The miner said its concentrate storage facilities have reached full capacity and that it is still trying to delay putting its employees on paid leave at reduced compensation

Newmont Mining may halt Indonesia operations

The Indonesian government plans to increase export tax on copper concentrates to 35% by January 2015.