indonesian mining source

Indonesian arrested for mining cryptocurrency at college ...

A 22-year-old Indonesian man was arrested Tuesday for allegedly setting up and operating a virtual money mining program on dozens of college computers. The man is suspected of having set up ...

Ministry of Energy and Mineral Resources (Indonesia ...

The Ministry of Energy and Mineral Resources of the Republic of Indonesia (Indonesian Kementerian Energi dan Sumber Daya Mineral Republik Indonesia) is an Indonesian ministry responsible for providing assist to the President and Vice President in performing government's affairs in the field of energy and mineral resources.

Mining in Indonesia - PwC

Mining in Indonesia Tax and Investment Guide 1 Indonesia continues to be a significant player in the global mining industry, with significant levels of production of coal, copper, gold, tin and nickel. In particular, Indonesia remains among the world's largest exporters of thermal coal.

Bre-X - Wikipedia

Bre-X was a group of companies in Canada. Bre-X Minerals Ltd., a major part of Bre-X based in Calgary, was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang, Indonesia (in Borneo).Bre-X bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold had been discovered, sending its stock price soaring.

The Growth and Development of the Indonesian Economy

Indonesia's relatively strong growth outcomes have been accompanied by reduced output volatility. Notably, economic growth in Indonesia slowed only moderately during the 2008–2009 global downturn, while there was a marked decline in output in most Indonesia – Real GDP* 1980 = 100, log scale MF forecast from 2011 Source: IMF Index Index ...

The Case for Publishing Indonesian Mining Agreements ...

In Indonesia, long-standing advocacy by civil society has resulted in notable advances. In 2011, a decision by the Central Information Commission declared that mining contracts are open documents and a 2016 decision by the Supreme Court declared that IUP licenses are also open documents.

Coal Usage By Country - WorldAtlas.com

Nov 05, 2018· 5. Indonesia . Indonesia is the world's fifth-largest coal producer. Ever since coal mines first opened in the early 1990s, coal production has increased every year. Today it makes up a significant amount of the Indonesian economy. Most of Indonesia's coal-mining happens in …

Kideco Jaya Agung - SourceWatch

{{#badges: CoalSwarm|Navbar-Indonesiacoal}}Kideco Jaya Agung is a major Indonesian coal mining company, producing low sulfur, low ash bituminous coal. In year 2011 the company produced 32 million tonnes of coal, transporting to China, India, Korea and Japan.

Indonesia Mining Contracting Sector

Source: Company data, MEMR, Bloomberg, Credit Suisse estimates Back to fundamentals: The price performance of the Indonesian mining contracting stocks in the past five months reflects the market view that the mining contracting performance has a strong correlation with coal price movement and has priced in the downside risks.

Indonesia - Economy | Britannica.com

Indonesia - Indonesia - Economy: Indonesia has played a modest role in the world economy since the mid-20th century, and its importance has been considerably less than its size, resources, and geographic position would seem to warrant. The country is a major exporter of crude petroleum and natural gas.

Indonesia Coal Mining Sector - Credit Suisse

Indonesia Coal Mining Sector 3 Size matters Survey on small miners In this report, we explore the impact of higher royalties Hon small coal miners holding IUP (mining permit) licences. The Indonesian government plans to increase royalties from 3-7% to 10.0-13.5%. It is difficult to quantify and measure the impact coal so we recently visited

Mining Indonesia 2019 | 18 - 21 September 2019

Sep 21, 2019· Mining Indonesia 2019 is Asia's largest international mining equipment exhibition and provides a professional platform for Indonesia's mining industry to do business. Will be held 18 - 21 September 2019 at Jakarta International Expo Kemayoran, Jakarta, Indonesia

Tag: Ministry of Energy and Mineral Resources | Indonesia ...

The Indonesian Ministry of Energy and Mineral Resources announced that 25 miners holding a Mining Business License (Izin Usaha Pertambangan, or IUP) have finished construction of their smelters in the first half of 2014 in line with Law No. 4 of 2009 on Mineral and Coal Mining (also known as the 2009 New Mining Law), which foresees a ban on ...

Taxation and Investment in Indonesia 2017

mining sector to make an important contribution to Indonesia's balance of payments. Indonesia has abundant natural resources. Indonesia produces of a broad range of commodities, as well as consumer and industrial products. Palm oil is the country's largest export category, followed by oil and

The Jakarta Post - Always Bold. Always Independent

Indonesia successfully hosted the Asian Games last year, so there are no qualms about its capability... World 05:35 pm British man has foot bitten off in Australian shark attack.

Coal Mining in Indonesia - Indonesian Coal Industry ...

Oct 22, 2019· Sources: Indonesian Coal Mining Association (APBI) & Ministry of Energy and Mineral Resources. During the 2000s commodities boom the coal mining industry was very lucrative as coal prices were comfortably high. Hence, many Indonesian companies and wealthy families decided to acquire coal mining concessions on Sumatra or Kalimantan in the late ...

The case of Newmont Mining vs Indonesia | Transnational ...

Nov 12, 2014· The case of Newmont Mining vs Indonesia is a powerful example of how investment agreements are used by companies to get exemptions from government regulations and legislation, undermining democracy and development. In July 2014, Newmont Mining Corporation brought a case against Indonesia using the ...

Top ten largest coal mines in the world - SourceWatch

{{#Badges: CoalSwarm}} The Top ten largest coal mines in the world (ranked by output) are ranked on the table below. Mines are ranked according to most recent actual production, where available. If actual production is not available, ranking is according to published capacity.

Nickel is surging after Indonesia said it will ban exports ...

Sep 03, 2019· Nickel prices surged to a five-year high on Monday after Indonesia said it would ban exports of nickel ore from January 1, 2020. Indonesia's move comes two years earlier than expected, as …

Indonesia and coal - SourceWatch

{{#badges: CoalSwarm|Navbar-Indonesiacoal}} Since the early 1990's Indonesian coal mining in Indonesia has grown dramatically. The World Coal Institute estimates that in 2008 Indonesia mined 246 million tonnes of coal with just over 200 millions tonnes of this exported. 2008 coal exports comprised 173 million tonnes of steam coal and 30 million tonnes of coking coal.

Who owns Indonesia's deadly abandoned coal mines?

May 25, 2017· Who owns Indonesia's deadly abandoned coal mines? An investigation into the people, and the institutional failures, responsible for the abandoned coal mine pits scattered across Indonesian Borneo.

Indonesian Coal Mining Association - SourceWatch

{{#badges: CoalSwarm}} The Indonesian Coal Mining Association is an organisation representing 47 coal mining companies. On its website it states that it aims to be a "communication and a consultation forum among its members not only with the Government but also to work together with other associations, companies or any related parties ...

Jakarta Globe | Your City, Your World, Your Indonesia

Jakarta Globe brings our readers unrivaled, authoritative reporting and writing in English on Indonesia, Asia and the wider world. Jakarta Globe | Your City, Your World, Your Indonesia Search

Developing a Strong Mining Divestment Rule in Indonesia

Developing a Strong Mining Divestment Rule in Indonesia David Manley and Emanuel Bria Indonesia's "divestment rule" is an effort to assert greater control over the country's mineral resources. It mandates foreign mining companies divest increasing portions of equity in …

Mining in Indonesia

"Welcome to the tenth edition of PwC Indonesia's Mining in Indonesia: Investment and Taxation Guide. Since the Law on Mineral and Coal Mining No. 4 of 2009 (the "Mining Law") was promulgated, various implementing regulations, including a number of amendments, have been issued by the Government in pursuing the goals of the Mining Law.

Economy of Indonesia - Wikipedia

Indonesia is also the world's largest producer of nickel. Two US firms operate three copper/gold mines in Indonesia, with a Canadian and British firm holding significant other investments in nickel and gold, respectively. India's fortune groups like Vedanta Resources and Tata Group also have substantial mining operations in Indonesia. In 1998 ...

Asia Natural Resources - Indonesian Mining Trading Company ...

PT Asia Natural Resources Tbk is an Indonesian mining trading company. The main business activity of the company involves commodity trade, particularly mining such as coal, nickel, iron sand, gold, etc. The company was originally established under the name of PT Asia Inti Industry and was engaged in ...

Indonesia gold mine collapse: Rescue effort to risk using ...

Mar 01, 2019· An Indonesian rescue team evacuates a rescued miner whose leg had to be amputated to free him after a collapse in an illegal gold mine in Bolaang Mongondouw regency, North …