A mining audit in the world’s top nickel supplier that’s threatened mass closures may see producers prevail, with companies signaling their confidence shutdowns can be avoided as they race to remedy problems flagged in the nationwide Philippine checkup. Futures dropped.
A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at least until early next year.
Indonesia could export up to 15 million tons of nickel ore in 2017 if it amends a ban on unprocessed ore exports, a mining ministry official said on Friday.
One of the world’s biggest companies is pitching airships as a solution for mining companies to develop inaccessible projects.
Known as the Skunk Works, the centre has produced some of the world’s most famous jets including the U2 and SR-71 Blackbird spy planes.
Indonesia’s coal industry is still experiencing a declining trend in production as a result of the low prices in the global market. Data from Coal Contracts of Work (CCOW) show that global coal production declined 16.27 percent in the first semester of 2016 (year-on-year), from 120.58 million tons to 100.96 million tons.
PT Bruder Utama Nusantara (BUN) is pleased to announce an agreement to act as agents for BBA Pumps (Netherlands) in Indonesia.
BBA Pumps build the world’s best portable pump solutions, offering their customers the “lowest cost of ownership”. BBA pumps have been an advanced and innovative manufacturer of mobile pump solutions for over 60 years, including the well-point drainage markets and civil works. Thanks to continuous innovation, BBA Pumps are the most prominent and advanced company in the pump technology field.
US oil and gas company ExxonMobil Indonesia’s proposal to increase its oil lifting (ready-to-sell production) at the Cepu block in East Java may soon be approved as the government raises next year’s national lifting target.
For all the predictions about the death of coal, it’s now one of the hottest commodities in the world. The resurrection may have further to run.
A surge in Chinese imports to compensate for lower domestic production has seen European prices jump to near an 18-month high, while Australia’s benchmark is set for the first annual gain since 2010.
JAKARTA: The Maritime Affairs and Fisheries Ministry has signed an agreement with the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) to allow oil and gas players to access data and technology to help develop the fisheries industry in their operation areas.
When Newmont Mining Corp. NEM -5.65 % began exploring for gold in Indonesia in the 1980s, the country’s wealth of untapped resources was seen as the Colorado-based miner’s ticket to the big leagues.
The Batu Hijau copper and gold mine in eastern Indonesia was one of the largest undeveloped deposits in the world, and Newmont’s billion-dollar investment put it on the path to becoming the world’s No. 2 gold miner by output.