CIMIC Group’s global mining services provider Thiess, has secured a $150 million contract extension to provide mine services at Arutmin’s Senakin coal mine in South Kalimantan, Indonesia.
Publicly listed coal miner PT Bumi Resources has set a target to increase its consolidated gross revenue, which includes revenue from a number of its mining subsidiaries, by 10.93 percent to 12.13 percent this year as part of its plan to export more coal to Japan.
PT Bumi Resources, Indonesia's largest thermal coal miner, says its huge success in 2017 was only a one-off event and it is unlikely the company will repeat it again this year.
BHP has confirmed it will leave the World Coal Association (WCA) because of differing views on how climate change concerns can be managed. The miner announced it would end its WCA membership following a review, which found that there would be little benefit for it to stay with the London-based organisation. BHP made a preliminary decision to leave the WCA last December.
PT Aneka Tambang (Antam) once again received a recommendation for extending the export of low grade mineral minerals until 2019.
PT Aneka Tambang Precious Metal Boutique (Antam) is now open on Saturday. Outlets selling 99.99% pure gold bars are open from 09:00 to 14:00 local time.
PT Aneka Tambang (Antam) will hold a Annual General Meeting of Shareholders (AGM) at Hotel Borobudur, Jakarta, Thursday (12/4).
CIMIC Group’s global mining services provider, Thiess, has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
The successful implementation of an innovative mining plan by CIMIC Group’s global mining services provider Thiess, at the Satui coal mine in South Kalimantan, has resulted in a $240 million contract extension.
Despite Indonesian President Joko Widodo having signed a regulation that will lead to a relatively cheap coal price for domestically-sold coal under the domestic market obligation, shares of Indonesian coal miner Adaro Energy rose 1.39 percent to IDR 2,190 a piece on Thursday (08/03).
Indonesia President Joko Widodo has instructed his administration to complete negotiations over the purchase of a majority stake in Freeport-McMoRan Inc’s local unit by the end of April, a cabinet minister said late on Monday.
