A mission critical challenge on any long haul road way is the method that operators keep a strong focus on the job at hand which, in some cases, proves problematic due a number of factors.
A local mining association has called on the government to allow gold and copper miner PT Freeport Indonesia (PTFI) to meet its 51 percent divestment requirement through an initial public offering (IPO), which is regarded as fairer and less costly to the two conflicting parties.
Indonesian security forces have been ordered to peacefully persuade a group of armed separatists to leave two villages near a giant U.S.-owned mine in eastern Papua province, but would abandon “a soft approach” if necessary, officials warned Friday.
State-owned aluminum producer PT Indonesia Asahan Aluminium (Inalum) is inches away from becoming the long-coveted mining holding firm and has prepared to deal with its first task at hand: acquiring gold and copper miner PT Freeport Indonesia (PTFI).
The Mining Advocacy Network (Jatam) has urged the government to revoke the mineral and coal mining permits of companies whose mining areas overlap with others, and which lack regulatory compliance documents without waiting for the verdict of the State Administrative Court in such cases.
Corruption Eradication Commission (KPK) investigators handed over a dossier on former Southeast Sulawesi governor Nur Alam, who is a suspect in a bribery case related to several mining licenses, to prosecutors on Tuesday.
Publicly listed mining and energy services firm PT Ancora Indonesia Resources aims to seal a deal worth US$2 million this month to take over the West Lombok gold and copper mine in West Nusa Tenggara from Canadian mineral exploration company Southern Arc Minerals (SAM).