The Papua Police said they had ruled out the possibility of an intention to commit sabotage being the motive behind recent cuttings of PT Freeport Indonesia concentrate pipelines at the gold and copper mining giant’s site in Mimika regency.
Publicly listed oil and gas company PT Medco Energi Internasional, through its subsidiary PT Amman Mineral Nusa Tenggara (AMNT), is set to acquire 44.3 percent of the shares of Australia-based mining contractor MacMahon Holdings.
Publicly listed transportation and logistics firm PT Sidomulyo Selaras expects to diversify its services after seeing a potential to provide coal transport services in Kalimantan starting from this year.
President Joko Widodo gives his attention to the Indonesian diaspora. Foreign Minister Retno Marsudi said for that the president sees the existence of diaspora as an asset to the state.
Coal mining company PT Indo Tambangraya Megah (ITMG) has allocated about US$200 million to acquire several mines in Kalimantan this year in order to boost its coal reserves and expand into the power generation business.
Adaro Logistics, a subsidiary of Indonesian coal mining company Adaro Energy, is expected to undertake an initial public offering (IPO) on the Indonesia Stock Exchange in 2018.
The Energy and Mineral Resources Ministry has sent a warning letter to gold and copper miner PT Freeport Indonesia after it laid off 4,000 employees.
PT. Konstruksi Nusantara (BKN) has commenced crushing andesite rock for its client in Batang, Central Java. BKN is using a Bruder Utama Nusantara (BUN) supplied Keestrack R5 Impact Crusher fitted with a single deck after-screen as a primary crusher.