mining - The Borneo Project
A new coal mining project may dig up more than a billion tons of coal from an area of global significance, where indigenous people have lived for generations amid the forests and rivers. Indonesia's Ministry of Forestry may issue a road building permit to a coal mining company that would cut through part of a rainforest restoration
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Who owns Indonesia's deadly abandoned coal mines?
PT Kaltim Prima Coal is owned by the PT Bumi Resources holding company, one of Indonesia’s largest coal producers. The majority owner of PT Bumi is the Bakrie Group, a massive conglomerate owned by a powerful family that includes Aburizal Bakrie, a former cabinet minister who also served as chair of the Golkar Party.
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Historic Alberta coal community wrestles with plans for
A few years ago, when Kinnear first heard about plans for a new coal mining project in the area — which would be the first in decades — the writer of mining history was cautiously optimistic
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Coal Mining in Indonesia - Indonesian Coal Industry
Around 60 percent of Indonesia's total coal reserves consists of the cheaper lower quality (sub-bituminous) coal that contains less than 6100 cal/gram. There are numerous smaller pockets of coal reserves on the islands of Sumatra, Java, Kalimantan, Sulawesi and Papua but the three largest regions of Indonesian coal resources are: 1.
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INDONESIA | Freeport-McMoRan
Through its subsidiary, PT-FI, FCX mines one of the world’s largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PT-FI produces silver. FCX has a 48.76 percent interest in PT-FI and manages its mining operations. PT-FI’s results are consolidated in FCX’s financial statements.
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Mining activity in Indonesia takes a hit from COVID-19
Indonesia is one of the world's top exporters of coal, and cyclical spikes in global demand for the fossil fuel over the past decade have fostered widespread mining — with the attendant
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Indonesia New Coal Pricing Regulation
As set out above, mine-mouth coal power prices should not be impacted by the new regulation, as coal prices for these projects will continue to be regulated by MEMR Regulation No. 09 of 2016 on Procedure of Supply and Determination of Coal Price of Mine-Mouth Power Plants, as amended by Regulation No. 24 of 2016.
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Mining in Indonesia: Investment and Taxation Guide 2019
Indonesia also continues to be one of the world’s largest exporters of thermal coal. However, since the Law on Mineral and Coal Mining No. 4 of 2009 (the “Mining Law”) was promulgated, various implementing regulations, including a number of amendments, have been issued by the Government in pursuing the goals of the Mining Law.
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Indonesia’s shifting coal money 3: Taxing times for Adaro
Adopt coal policies that exclude project finance for new coal mines and coal-fired power plants in Indonesia. Adopt coal policies that exclude general corporate financing and advisory services to Indonesian companies that are highly dependent on coal power. End their exposure to Indonesian companies involved in coal, creating a time bound plan
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Indonesia to Use Up 12% More Coal This Year as New Mineral
The Energy and Mineral Resources Ministry projects that domestic coal consumption will rise by 12 percent this year, thanks to additional demand from up to eight new mineral smelters. Indonesia is expected to use up 155 million tons of coal this year to fire up its power plants, smelters and steel factories, up from 138 million tons last year, Energy and Mineral Minister …
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Grasberg mine - Wikipedia
The Grasberg mine is the largest gold mine and the second-largest copper mine in the world. It is located in the province of Papua in Indonesia near Puncak Jaya, the highest mountain in Papua.It has 19,500 employees. It is operated by PT Freeport Indonesia (PT-FI) which used to be 90.64% owned by Freeport-McMoRan (FCX), including 9.36% owned through its wholly owned …
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The latest Indonesia coal news | World Coal
In May 2020, AUMUND Hong Kong won an order from PT Asahimas Chemical, Java, Indonesia, for the new generation of STORMAJOR. Hydraulink delivers equipment to Indonesian coal mine Monday, 02 November 2020 12:50 Hydraulink has recently provided an Indonesian coal mining operation in Kalimantan with new hose fittings.
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Miners welcome Indonesia's new jobs bill that could spur
Indonesia is a top exporter of thermal coal, tin and nickel products, but overall mining investment dropped from 79 trillion rupiah ($5.8 billion) in 2017 to 59 trillion rupiah ($4.3 billion) last
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2018 Indonesian Mining Areas Map - PwC
77 Miyor Pratama Coal (B3) 78 Muara Sari (C4) 79 Nusa Riau Kencana Coal (B3) 80 Panaikang Prima Coal (F3) 81 Pandu Aro Pacific (B3) 82 Paramitha Cipta Sarana (E3) 83 Patria Energi Biotama Jabar (C4) 84 Pengembangan Investasi Riau (B3) 85 Persada Makmur Sejahtera (D3) 86 Pipit Mutiara Raya (E2) 87 Prima Bara Indonesia (D3)
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Indonesia's Adaro Energy to buy Rio Tinto coal mine for $2
JAKARTA -- Major Indonesian coal miner Adaro Energy has signed a binding agreement to acquire Rio Tinto's entire stake in the Kestrel coking coal mine in Australia for $2.25 billion.. In a move
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Indonesia - New Indonesia Mine Mouth Coal Pricing
On 6 September 2016, the Minister of Energy and Mineral Resources (MEMR) issued a new regulation amending the existing regulation on mine-mouth coal pricing, i.e. Regulation No. 24 of 2016 on the Amendment to Regulation No. 9 of 2016 on the Procedures for the Supply and Determination of Coal Price for Mine Mouth Power Plants (Reg. 24).
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Indonesia's reliance on coal power - in pictures
Aug. 17, 2015Coal barges come down the Mahakam river in Samarinda, East Kalimantan - Indonesia 's most significant coal export region - every few minutes. Over 200m tonnes of coal were shipped out in 2011.
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Geo Energy acquires majority stake in 2 Indonesia coal
The firm had at the end of August submitted a revised non-binding proposal to acquire new coal assets for a producing coal mine in East Kalimantan, Indonesia. Geo Energy shares closed flat at $0
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Sebuku Coal Mine, Kalimantan Indonesia - Mining Technology
The Sebuku coal mine is an open cut truck and shovel coal-mining operation located on the tiny and remote island of Sebuku, in the province of South Kalimantan, Indonesia. It is owned and operated by the Straits Resources Singapore-listed subsidiary Straits Asia Resources.
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