Below is a list with tagged columns and company profiles.

Today's Headlines Mining

  • Mining News Indonesia: Government to Tender 5 Mining Areas

    Mining News Indonesia: Government to Tender 5 Mining Areas

    The government of Indonesia is preparing tenders for five mining areas. These mining areas were previously operated by listed miners Vale Indonesia and Timah under coal mining licenses (in Indonesian: Perjanjian Karya Pengusahaan Pertambangan Batubara, or PKP2B) and contracts of work (in Indonesian: Kontrak Karya, or KK).

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  • Freeport & Indonesian Government Agree on New Mining Permit

    Freeport & Indonesian Government Agree on New Mining Permit

    Arizona-based mining giant Freeport-McMoRan finally reached an agreement with the Indonesian government regarding the extension of the permit to operate the Grasberg mine, the world's largest gold mine and third-largest copper mine, in Papua. Ignasius Jonan, Indonesian Energy and Mineral Resources Minister, said Freeport can per direct apply for a 10-year permit extension to mine at Grasberg beyond the year 2021. Afterwards, it can apply once more for a 10-year extension.

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  • Update on Freeport Indonesia's Contract Dispute, No Arbitration?

    Update on Freeport Indonesia's Contract Dispute, No Arbitration?

    The management of gold and copper miner Freeport Indonesia is optimistic that negotiations with the central government will be completed before the Idul Fitri celebrations in the last week of June 2017. If an agreement is reached, then the case will not require arbitration. Both parties are negotiating over a contract dispute that also prompted the subsidiary of the United States-based mining giant Freeport-McMoRan to wind down operations (and fire staff) at its Grasberg mine in Papua.

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  • Mining in Indonesia: Nickel Price to Remain Under Pressure

    Mining in Indonesia: Nickel Price to Remain Under Pressure

    The nickel price is expected to remain under pressure up to (at least) the second half of 2018 due to the structural oversupply in the world market. So far this year the nickel price has fallen 9.38 percent to USD $9,080 per ton (London Metal Exchange). Analysts of the Goldman Sachs Group Inc. say nickel - used in stainless steel - is the worst-performing metal so far this year.

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  • Mining in Indonesia: Coal Price to Remain Stable on China Policies

    Mining in Indonesia: Coal Price to Remain Stable on China Policies

    Despite seeing a supply surplus in Asia, coal prices are expected to remain stable in the foreseeable future supported by expectations of Chinese intervention into domestic coal production. China is the world's largest producer and consumer of coal and therefore the main determinant of the coal price. On Friday (19/05), the Newcastle coal index (May 2017 contracts) rose 0.27 percent to USD $74.25 per ton.

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  • Cleaning Up Indonesia's Chaotic Mineral & Coal Mining Sector

    Cleaning Up Indonesia's Chaotic Mineral & Coal Mining Sector

    Efforts of Indonesian authorities to clean up the nation's mineral and coal mining industries met resistance. Various local mining companies that saw their Mining Business Permit (in Indonesian: Izin Usaha Pertambangan, or IUP) being revoked by Indonesia's Energy and Mineral Resources Ministry object to the government's move, despite authorities' claim that they are only revoking those permits of miners that have failed to obtain the mandatory clean and clear certificate (CnC).

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  • Heavy Equipment Production in Indonesia to Grow 14% in 2017?

    Heavy Equipment Production in Indonesia to Grow 14% in 2017?

    Production of heavy equipment in Indonesia is targeted to grow 14 percent to 4,200 units in 2017, compared to 3,678 produced units in the preceding year. This growth should come on the back of rising activity in the nation's mining sector, particularly Indonesia's coal mining sector, in line with rising commodity prices.

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  • Mining Dispute Indonesia: Arbitration for Freeport & Government?

    Mining Dispute Indonesia: Arbitration for Freeport & Government?

    The dispute between Freeport Indonesia and the Indonesian government may escalate now the former said it considers to seek international arbitration over the government's alleged breaching and violation of the existing Contract of Work (CoW) between both sides. Ever since the passing of Law No. 4/2009 on Mineral and Coal Mining (New Mining Law) there has been a high degree of uncertainty in Indonesia's mining sector.

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  • Holding Company for Indonesia's State-Owned Miners Ready in Q1-2017

    Holding Company for Indonesia's State-Owned Miners Ready in Q1-2017

    The government of Indonesia is nearing completion of the forming of holding companies for state-owned enterprises that are active in the oil & gas and mining sectors. It now only requires signing by Indonesian President Joko Widodo. Last year Widodo approved plans to create five state holding companies in energy, mining, construction, housing, and financial services. Fully state-owned aluminium producer Inalum and energy company Pertamina will be the holding companies for activities in the mining and oil & gas sectors, respectively.

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  • Indonesian Government vs Contract of Work: Mineral Ore Export Rules

    Indonesian Government vs Contract of Work: Mineral Ore Export Rules

    A coalition of civil society groups is ready to challenge Indonesia's new mining rules at the Supreme Court next week, specifically those rules that impact negatively on the longstanding Contracts of Work (Kontrak Karya) as well as the (re-)opening of nickel ore and bauxite exports. Late last week, the Indonesian government announced to ease the controversial ban on exports of mineral ore. The government was immediately criticized for this "flip-flop policy". The move could flood global markets and put pressure on prices.

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Latest Columns Mining

  • 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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  • Foreign Direct Investment in Indonesia Hit Record High in 2014

    Foreign Direct Investment in Indonesia Hit Record High in 2014

    The Indonesia Investment Coordinating Board (BKPM) announced that foreign and domestic direct investment realization in Indonesia totalled IDR 463.1 trillion (USD $37 billion) in 2014, a 16.2 percent increase from the previous year and exceeding the target that was set previously. This is a positive result as 2014 was expected to be a rather bleak year in terms of direct investment amid political uncertainties triggered by the (fragmented results) of the country’s legislative and presidential elections.

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