Below is a list with tagged columns and company profiles.

Today's Headlines Mining

  • New Tax Rules in Indonesia to Speed Up Freeport Indonesia Deal

    New Tax Rules in Indonesia to Speed Up Freeport Indonesia Deal

    After the much publicized signing by the Indonesian government and US mining giant Freeport McMoRan of the Heads of Agreement regarding the sale of a stake in Freeport Indonesia (the operator of the lucrative Grasberg mine in Papua) on 12 July 2018, we have not heard much about the deal that is valued at USD $3.85 billion.

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  • H1-2018 Corporate Earnings Reports Indonesia: Astra International

    H1-2018 Corporate Earnings Reports Indonesia: Astra International

    Although Astra International, one of Indonesia's biggest diversified conglomerates, has been affected by subdued car sales in Indonesia in recent years, the company remains comfortably within the top ten of biggest listed companies in terms of market capitalization on the Indonesia Stock Exchange.

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  • Banking Sector Indonesia Still Lacks Confidence in Mining Industry

    Bank Sector Indonesia Still Lacks Confidence in Mining Industry

    Local banks in Indonesia remain hesitant to disburse loans to companies that are engaged in Indonesia's mining sector due to the high degree of bad debt in this sector. Hence, credit disbursement to the country's mining sector continues to shrink. On the one hand, it is positive that Indonesia's banking sector becomes less dependent on the volatile movement of mining commodity prices.

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  • Coal Mining Industry: Price Remains High on Robust Chinese Demand

    Coal Mining Industry: Price Remains High on Robust Chinese Demand

    Coal demand remains high, particularly due to robust demand from China, the world's largest coal importer. This brings the projection for the full-year 2018 coal price to the range of USD $98.50 - $107.00 per metric ton. So far this year the coal price (ICE NewCastle Coal January 2018) surged around 4 percent, while in full-year 2017 the price had surged 57.09 percent.

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  • Earnings & Shares of Indonesian Coal Miners Improve on Rising Price

    Earnings & Shares of Indonesian Coal Miners Improve on Rising Price

    The rising coal price is a great boost for the corporate earnings of coal mining companies as well as the share prices of those companies that are listed on the Indonesia Stock Exchange. Newcastle Coal Futures (January 2018 delivery) touched USD $97.10 per metric ton at the end of last week, up 26 percent so far this year. Meanwhile, prices of energy commodities are expected to rise further in the remainder of the year.

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  • Heavy Equipment Production & Sales on the Rise in Indonesia

    Heavy Equipment Production & Sales on the Rise in Indonesia

    Production and sales of heavy equipment in Indonesia is recovering more markedly in 2017 on the back of rising activity in the country's mining and construction sectors. Between 2012 and 2015 sales of heavy equipment plunged sharply in Indonesia. In 2016 a modest recovery was seen. This year, the recovery of Indonesia's heavy equipment sector is progressing at a faster pace.

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  • Freeport Indonesia & Government Stuck on Divestment Valuation

    Freeport Indonesia & Government Stuck on Divestment Valuation

    Indonesia's Energy and Mineral Resources Ministry stated that it will remain committed to the agreement that was made between Freeport Indonesia and the central government of Indonesia on 29 August 2017. However, although parent company Freeport-McMoran agreed to divest a majority stake in its Indonesian unit (Freeport Indonesia) in those negotiations, the exact divestment valuation is yet to be agreed upon.

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Latest Columns Mining

  • Indonesia and Freeport Bargaining over 10.64% Stake

    Indonesia and Freeport Bargaining over 10.64% Stake

    The bargaining over the 10.64 percent stake in Freeport Indonesia has begun. Whereas Freeport proposed a price of USD $1.7 billion, Indonesia's Ministry of Energy and Mineral Resources says the stake is only worth USD $630 million. Due to Government Regulation No. 77/2014 on the Implementation of Mineral and Coal Mining Business Activities, Freeport Indonesia - the local unit of US mining giant Freeport McMoRan - has to divest a 30 percent stake (to an Indonesian party) gradually up to the year 2019. Currently, the central government already owns a 9.36 percent stake in Freeport Indonesia.

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  • Should Indonesia Relax the Mineral Ore Export Ban? No Says AP3I

    Should Indonesia Relax the Mineral Ore Export Ban? No Says AP3I

    According to the Association of Indonesian Processing and Refining Companies (AP3I), consumption of mineral ores in Indonesia will be solid starting from 2017 due to the start of operations of new smelters. Jonathan Handojo, Vice Chairman of the AP3I, says domestic consumption of nickel ore will reach 7 million tons in 2017, roughly the same amount of nickel ore that was exported in 2009 before the New Mining Law - which stipulates a ban on exports of mineral ore from Indonesia (per January 2014) - was revealed.

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  • Overlapping Land Conflicts & Troubled Mining Business Licenses in Indonesia

    Overlapping Land Conflicts & Troubled Mining Business Licenses in Indonesia

    West Kalimantan, South Sulawesi and South Kalimantan are the three Indonesian provinces that scored the worst in the Local Government Performance Index (in Indonesian: Indeks Kinerja Pemerintah Daerah, or IKPD). This index, compiled by Indonesia's Corruption Eradication Commission (KPK), measures the degree of coordination and supervision within Indonesian provinces regarding policies and actions related to the prevention of corruption in the mining and energy sectors. The provinces that have the highest scores are Central Sulawesi and the Riau Islands.

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  • Flip-Flop in Indonesian Politics: Reviewing the Mineral Ore Export Ban

    Flip-Flop in Indonesian Politics: Reviewing the Mineral Ore Export Ban

    The government of Indonesia is yet to find a middle way between encouraging the development of processing facilities for the country's mining output and the relaxation of mineral ore exports. Based on Law No. 4/2009 on Mineral and Coal Mining (New Mining Law), exports of mineral ore should have been fully banned in 2014. However, due to the lack of domestic smelting capacity a last-minute regulation was signed in early January 2014 by former Indonesian President Susilo Bambang Yudhoyono that softened this ban.

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  • Oil & Gas Mining Indonesia: Why Chevron Exits the East Kalimantan Block?

    Oil & Gas Mining Indonesia: Why Chevron Exits the East Kalimantan Block?

    Chevron Indonesia Company (CICO) announced on Tuesday (19/01) that it will return all its oil and gas assets in the East Kalimantan block back to the Indonesian government on 24 October 2018. Without elaborating on why the company exits the East Kalimantan oil & gas block after having exploited this block for about 50 years, Chuck Taylor, Managing Director Chevron IndoAsia Business Unit, confirmed CICO will not seek extension of its production sharing contract after 2018.

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  • Indonesian Mining Firm Aneka Tambang (Antam) Still in Troubled Waters

    Indonesian Mining Firm Aneka Tambang (Antam) Still in Troubled Waters

    New funds obtained from a rights issue and the revaluation of its assets will have a positive impact on Aneka Tambang (Antam), a diversified mining company in Indonesia. The miner, majority-owned by the Indonesian government, is engaged in all activities ranging from exploration, exploitation, processing, refining to the marketing of nickel ore, ferronickel, gold, silver, bauxite, coal and precious metals refining services. However, its corporate earnings remained disappointing so far in 2015.

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  • Corporate Earnings Reports Indonesian Companies First Quarter 2015

    Corporate Earnings Reports Indonesian Companies First Quarter 2015

    A selection of corporate earnings reports (covering net profit and revenues in the first quarter of 2015) of Indonesian companies that are listed on the Indonesia Stock Exchange (IDX) is presented by Indonesia Investments below. The companies are categorized by sector: (1) agriculture and mining, (2) basic industry and chemicals, (3) miscellaneous industry, (4) consumer goods, (5) property and real estate, (6) infrastructure, utilities and transportation, (7) finance, and (8) trade, services and investment.

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  • Regulatory Uncertainty Plagues Indonesia’s Mining Sector Again

    Regulatory Uncertainty Plagues Indonesia’s Mining Sector Again

    One of the weak points of Indonesia, one that seriously hurts the country’s investment climate as well as foreign confidence, is regulatory uncertainty. In 2009 the government of Indonesia introduced Law No. 4/2009 on Mineral and Coal Mining (New Mining Law) which caused a shock in Indonesia’s natural resources sector as it includes several new policies that make investors think twice before investing in Indonesia as the consequences of these new policies are far-reaching. However, a possible new amendment to the law causes new concern.

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  • Corporate Earnings Reports Indonesian Companies Full Year 2014

    A selection of corporate earnings reports (covering net profit and revenues for full-year 2014) of Indonesian companies that are listed on the Indonesia Stock Exchange (IDX) is presented by Indonesia Investments below. The companies are categorized by sector: (1) agriculture and mining, (2) basic industry and chemicals, (3) miscellaneous industry, (4) consumer goods, (5) property and real estate, (6) infrastructure, utilities and transportation, (7) finance, and (8) trade, services and investment.

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  • Indonesia Policy Easing Could Mean More Gold Production in 2015

    When we look at activity in the precious metals markets over the last decade, one of the biggest developing trends has been the increase in both demand and production output from emerging Asian economies. For most of this period, Indonesia has been participating with these trends - especially on the production output front. As recently as 2009, Indonesia was responsible for 130 tons worth of gold production, as mining activity becomes more efficient and increased investment resources flow into the country.

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