Indonesia plans to limit miners' exports at 2009/10 volume

The Indonesian Trade Ministry on Friday announced plans to set a new quota for mineral exports, limiting mining companies to their 2009 or 2010 export volumes. "Mineral export quotas will be determined annually based on 2009 or 2010 export...

Indonesia to impose tax, curbs on raw metal exports

Indonesia will impose a new export tax on metal ores and prohibit the shipment of raw minerals unless miners submit plans to build smelters, in a decision likely to shake up mining in one of the world's major metals exporters. The tax is an...

Indonesia to impose 20% tax on raw metal exports

Indonesia's government will impose an average 20% duty on 14 mineral ore exports including copper, gold and nickel from Sunday, slightly lower than expected but enough to hurt miners in one of the world's major metals exporters. The tax, which...

Indonesia to subject coal to export tax -trade ministry

Indonesia is to subject coal to an export tax to increase state revenues, prevent exploitation, protect the environment and maintain coal reserves, the director general of foreign trade in the trade ministry said on Friday. Indonesia has said it...

Batu Hijau mine, Indonesia

An openpit mine situated in Indonesia.

Freeport replaces CEO at Indonesian unit after strike

Freeport-McMoRan Copper & Gold's will appoint a new chief executive at its Indonesian unit, the Arizona-based miner said on Friday, as it looks to turn the page after it made an agreement last month to end a crippling three-month strike. Rozik...

Mining software provider takes control of expert solutions

Information and communication technology company Gijima subsidiary Graphic Mining Solutions International (GMSI) has become the sole publisher of all GMSI solutions and products.

PT Bayan shareholders approve Pakar sale to Kangaroo

As Indonesia-based coal producer PT Bayan Resources’ shareholders have voted in favour of the sale of the Pakar coal project, explorer Kangaroo Resources MD Mark O’Keeffe said on Wednesday that the closing of the transaction would lead the...

Company Announcement: Indonesian coal giant PT Bayan Resources approves Pakar transaction

Attached please find a press release on: International coal producer Kangaroo Resources Limited (“KRL” or the “Company”) is pleased to report that shareholders in the leading Indonesian coal conglomerate PT Bayan Resources Tbk...

Russian group planning copper investment in South-East Asia

Russia’s largest diversified mining and metals company, OJSC MMC Norilsk Nickel (Norilsk) intends to establish a 400 000 t/y capacity copper smelting and processing facility in Indonesia. This was revealed recently when the Russian group signed...

Company Announcement: Mine Site Technologies Honoured as the 2011 Craig Senger Top Exporter

Attached please find a press release on: Mine Site Technologies (MST) has been honoured as the 2011 Craig Senger Top Exporter at this year’s Austmine conference in Brisbane, Queensland, Australia. The award was created to promote and recognize...

Mining industry’s recovery to heighten skills challenge

The mining industry is still recovering following the global financial meltdown but has significantly rebounded during the past six months with commodity prices rising to all-time highs in many cases, says local mining and minerals project house...