PT BPMS - News & Events
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RI Punya Tambang Emas Baru, Serap Ratusan Pekerja Lokal
Jakarta, CNBC Indonesia - PT Sumbawa Timur Mining (STM) mengumumkan penemuan deposit bijih tembaga emas Onto di wilayah Kecamatan Hu'u Kabupaten Dompu, Nusa Tenggara Barat. Kegiatan eksplorasi di dalam wilayah KK Proyek Hu'u sudah dilakukan sejak tahun 2010. Menanggapi hal ini, Kepala ... read more
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Indonesia accused of putting profit ahead of the environment with new bill
Indonesia’s plans to relax environmental rules to encourage investment have drawn criticism from activists who say the government is putting profit ahead of protecting the archipelago’s rich natural surroundings. The “Job Creation” bill, submitted to parliament on Wednesday, ... read more
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South African gold production surges the most in four years
South African gold output surged the most in four years in December, providing an unexpected boost for the country’s mining production. Gold output rose by 24.9% from a year earlier, compared with a revised 4.5% in November, Pretoria-based Statistics South Africa said Thursday in a statement ... read more
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Barrick CEO sees no competition in his bid for Freeport’s Grasberg mine
Barrick Gold Corp Chief Executive Mark Bristow on Wednesday said he sees no competition from rivals in his pursuit of Freeport-McMoran Inc’s Grasberg copper-gold mine in Indonesia but cautioned any deal for the asset would take time to pull off. Bristow has fanned speculation that Barrick, the ... read more
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Indonesia approves environmental study for battery-grade nickel plants
Indonesia has approved environmental impact studies for factories to produce battery-grade nickel chemicals in Morowali, Coordinating Minister of Maritime and Investment Affairs Luhut Pandjaitan said on Wednesday. The approval will allow investors, such as China’s stainless steel giant Tsingshan ... read more
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Indonesia dangles cheaper energy to lure billions in investment
Indonesia is touting an abundance of low-cost renewable energy to lure billions of dollars in investment Southeast Asia’s largest economy needs to build processing plants for commodities such as nickel, copper and aluminum. The commodity powerhouse has potential to develop 33,000 megawatts of ... read more
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Indonesia hopes for environmental nod soon for battery-grade nickel plants
Indonesia’s coordinating minister who oversees mining said on Monday he hoped environmental impact studies for factories to produce battery-grade nickel chemicals would be completed by the end of the year. The studies, known as AMDAL, need to be completed and approved by the environment ministry ... read more
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Indonesia anti-monopoly body to investigate nickel smelters
The Indonesia nickel miners association said on Wednesday the country’s anti-monopoly body has launched an investigation into alleged cartel practices impacting pricing by local smelter operators. The probe was launched after the nickel miners association (APNI) filed a complaint a few months ... read more
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Freeport shares off to the races on Grasberg
Shares in Freeport McMoRan Inc (NYSE:FCX), the world's second largest copper producer, raced out of the gate on Tuesday after the company released first quarter results that showed less damage from problems at its Indonesian operations than previously anticipated. In heavy trade of more than ... read more
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Rio Tinto gives shelved diamond mine to central Indian state
Mining giant Rio Tinto (ASX, LON:RIO) said Tuesday it’s handing its shelved and massive Bunder diamond deposit in India to the state government of Madhya Pradesh, where the mine is located. The company, which spent almost $120 million on the asset discovered in 2004, had planned ... read more