by Yohanes Obor | Jan 28, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Freeport Indonesia allocates US$16-18 billion fund for under-ground mining project following the availability of shelter for processed concentrates in the country. Freeport also plans to establish its own shelter for processed...
by Yohanes Obor | Jan 28, 2014 | Mining, News, Resources
SINGAPORE (Yosefardi) – KrisEnergy Ltd, an independent upstream oil and gas company with substantial interests in Indonesian oil and gas industry, has through its wholly owned subsidiary, KrisEnergy (Gulf of Thailand) Ltd, acquired from Mubadala Petroleum a 60%...
by Yohanes Obor | Jan 24, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – The government of Indonesia is urged to provide optimum support for local investors on smelter development projects, following the export ban for ore minerals. Adhityo Rizaldi, member of Commission VII of the Lower House of Representatives...
by Yohanes Obor | Jan 23, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) has officially terminated its iron sand mining activities at Kutoarjo, Purworejo, Central Java. The iron sands mining at Kutoarjo had run for more than 25 years, operated under Kutoarjo Iron...
by Yohanes Obor | Jan 23, 2014 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Copper & Gold Inc. (FCX) and Freeport Indonesia are seeking to obtain the administrative permits for 2014 exports, which are currently pending and have been delayed as a result of the new regulations. In January 2014,...
by Yohanes Obor | Jan 23, 2014 | Mining, News, Resources
PHOENIX (Yosefardi) – Freeport-McMoRan Copper & Gold Inc. targets its sales from Indonesia mining are expected to approximate 1.1 billion pounds of copper for the year 2014, a 25% growth compared with 885 million pounds of copper in 2013, and 1.6 million...
