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News and Commentary
Indonesia to fuel coal demand: New Hope boss - 22/3/2017
New Hope Group managing director Shane Stephan says the outlook for thermal coal used in power stations should be bolstered in coming years as Indonesia, the world's biggest exporter, considers domestic coal reservation.
For the complete story see:
http://www.theaustralian.com.au/business/mining-energy/indonesia-to-fuel-coal-demand-new-hope-boss/news-story/9509f3172df685dae3c9bd1257f316be
Seeking Alpha - Freeport-McMoRan: Things Remain Tough In Indonesia - 21/3/2017
Freeport-McMoRan resumed producing copper concentrate at Grasberg after a stoppage that took place on February 11. The restart of production is positive news for Freeport-McMoRan, but the big issue with the contract of work remains unresolved.
For the complete story see:
http://seekingalpha.com/article/4056838-freeport-mcmoran-things-remain-tough-indonesia
Bloomberg - Top Indonesia Nickel Miner Seeks to Export 6 Mln Tons of Ore - 16/3/2017
PT Aneka Tambang, one of Indonesia's biggest nickel producers, is seeking government approval to export 6 million metric tons of low-grade ore; two months after the nation relaxed its ban on shipments.
For the complete story see:
https://www.bloomberg.com/news/articles/2017-03-16/top-indonesia-nickel-miner-seeks-to-export-6-million-tons-of-ore
Reuters - Indonesia's Amman Mineral commits to $9.2 billion copper expansion: government official - 15/3/2017
Indonesia's Amman Mineral Nusa Tenggara (AMNT) has committed to invest $9.2 billion to expand its mining business, including the construction of a new copper smelter near its mine in Sumbawa, West Nusa Tenggara, a mining ministry official told Reuters on Wednesday.
For the complete story see:
http://www.reuters.com/article/us-indonesia-mining-amman-idUSKBN16M0FM
Proactive Investors UK - Asiamet climbs after it finds new copper mineralisation at Beruang Kanan Main - 10/3/2017
Resource infill and extension drilling being completed as part of feasibility studies on the Beruang Kanan Main (BKM) copper deposit in Central Kalimantan, Indonesia continues to substantially de-risk the resource that underpins the project.
For the complete story see:
http://www.proactiveinvestors.co.uk/companies/news/174602/asiamet-climbs-after-it-finds-new-copper-mineralisation-at-beruang-kanan-main-174602.html
http://www.macrosourcemedia.com/store/p11/Internet_of_Things_Market_Report_%2843_pages%29_-_December_2016.html
Media Releases
Rio Tinto - Queensland secures more than $900 million in contracts for new Cape York Peninsula mine - 21/3/2017
21 March 2017
Rio Tinto has awarded more than $900 million in contracts to Queensland suppliers as the development of the world class Amrun bauxite project on Cape York Peninsula continues.
The Queensland spend makes up almost two thirds of the $1.38 billion in contracts awarded to Australian suppliers for the project to date.
509 Queensland businesses have been engaged directly and indirectly to supply goods and services to the site.