Thiess Secures Wahana Renewal in Indonesia
Thiess has secured a three-year AUS$220 million contract renewal to continue providing mining services at PT Wahana Baratama Mining’s (Wahana) coal mine in South Kalimantan, Indonesia.
Thiess has secured a three-year AUS$220 million contract renewal to continue providing mining services at PT Wahana Baratama Mining’s (Wahana) coal mine in South Kalimantan, Indonesia.
Indonesian coal miners said on Monday that a Constitutional Court ruling last week removing guarantees on mining contract extensions won’t put them off applying to extend their licenses.
Freeport-McMoRan Inc. produced less copper than expected last quarter from its mines in the Americas, adding to concerns over a drum-tight global market.
Freeport McMoRan has started construction of a $3bn copper smelter facility in Gresik, East Java, Indonesia.
Big publicly listed nickel miners and an equipment supplier saw their fundamentals improve this year, making up for losses from the previous year, amid surging global nickel prices.
The Investment Ministry is mulling over plans to ban or restrict the export of processed nickel products with less than 70 percent nickel content.
State-owned mining holding company MIND ID plans to spin off its aluminium operations into PT Indonesia Asahan Aluminium (Inalum) Operating.
Minister of Energy and Mineral Resources (ESDM), Ir. Arifin Tasrif made a working visit to the Batu Hijau Site, West Sumbawa Regency, West Nusa Tenggara Province on Friday (17/9).
Record-high coal prices have helped Indonesian miners post strong results in the first half of the year, giving rise to market optimism as economies around the world begin to reopen.
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