#mining business

Collection of mining business news, found 101 news.

Chappy Hakim resigns as president director of Freeport Indonesia

PT Freeport Indonesia announced the resignation of Chappy Hakim as the companys president director on Saturday. ...

Indonesian govt to buy Freeport shares immediately

The Indonesian government wishes to buy shares of PT Freeport Indonesia immediately up to 51 percent to meet ...

Freeport, Amman hope status change would not disturb firm operation

PT Freeport Indonesia and PT Amman Mineral Nusa Tenggara hope that the change in the companies status from contract of ...

Indonesian govt threatens to revoke permits of mining companies

Mining companies have, so far, benefited from exploiting and exporting Indonesias mineral ores without processing it ...

Business sector predicted to be brisker in Q1 of 2017

Bank Indonesia predicted that business is brisker in the first quarter of 2017 than in the last quarter of 2016. ...

Anti-graft body names SE Sulawesi governor as suspect

The Corruption Eradication Commission (KPK) has named Southeast Sulawesi governor, identified by his initials as NA, ...

PT Astra International Tbk reports Rp14.5 trillion net profit

Jakarta (ANTARA News - PT Astra International Tbk.s reported net profit of Rp14.46 trillion in 2015, ...

Ministry to form holding company for state mining firms

Indonesias State-owned Enterprises (BUMN) Ministry will establish a holding company for four state-owned mining firms, ...

Inalum ready to take over Freeport`s divestment

PT Inalum is ready to take over 10.64 percent divestment shares of PT Freeport Indonesia in line with its ability to ...

OJK optimistic of foreign mining companies offering shares

The Financial Service Authority (OJK) has expressed hope that foreign mining companies operating in Indonesia would ...

KPK arrests parliament member in alleged corruption case

The Corruption Eradication Commission (KPK) has arrested a parliamentary member and two other suspects in Bali and ...

Indonesia's Astra reports 8 percent increase in profit

PT Astra International Tbk (ASII) reported a 8 percent increase in net profit to Rp14.5 trillion in the first three ...

No to mining business in Raja Ampat

Minister for the Environment Balthasar Kambuaya said he would reject any proposal for mining operation in the district ...

Manganese smelter development to benefit local communities

Development of a manganese smelter by mining companies might provide benefits for the local community in East Nusa ...

Buru District government not firmly regulate mining activity

The Buru District government in Maluku Province is considered lenient with the regulation of gold mining activity at ...