In the mining industry, the concept of the five pillars is known to be inseparable but mutually reinforcing. "There are five main pillars namely capital or financial, technology, human (HR), regulation or legal certainty, and social aspects," said Director of PT J Resources Asia Pacific, Tbk (PSAB) Edi Permadi.
China and other nations could be burdened with costly and environmentally damaging coal power for decades if they forge ahead with new capacity to boost their economics after the COVID-19 pandemic, research showed Wednesday.
Ayala, the Philippines’ oldest conglomerate, aims to fully divest from coal by 2030, a rare rebuke of the fuel in a region where its use is expected to grow.
The regent of Mimika in Papua has urged President Joko “Jokowi” Widodo to temporarily close a mine in the regency owned by gold and copper miner PT Freeport Indonesia as the number of COVID-19 cases in the area continues to rise.
As the country grapples with the COVID-19 crisis, lawmakers have approved a controversial revision of the 2009 Coal and Mineral Mining Law, despite outcry from civil society organizations.
The slowdown in the global economy due to the Covid-19 pandemic has an impact on the decline in coal demand from the main coal consuming countries in Asia, including China, South Korea, India and Japan. This is the main cause of the decline in Reference Coal Prices (HBA) for May 2020 to USD 61.11 per ton.
JAKARTA (Reuters) - PT Freeport Indonesia, operator of the world’s second-biggest copper mine, is to conduct “extensive testing” among its employees after coronavirus cases in the area where the mine operates topped 100.
The House of Representatives passed a revision of the 2009 Coal and Mineral Mining Law on Tuesday in a move criticized by some experts and NGOs over a lack of transparency and alignment with business interests.
State-owned coal miner PT Bukit Asam (PTBA) plans to cut its capital expenditure (capex) this year amid falling power demand in India and at home as the company books a sharp profit slump in the first quarter.
PT Bukit Asam is preparing to make corrections to its business targets in 2020. This has been triggered by the spread of the Corona virus, which until now has not been controlled.
In the mining industry, the concept of the five pillars is known to be inseparable but mutually reinforcing. "There are five main pillars namely capital or financial, technology, human (HR), regulation or legal certainty, and social aspects," said Director of PT J Resources Asia Pacific, Tbk (PSAB) Edi Permadi.
