PT BPMS - News & Events
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Freeport may curb Indonesia operations if Grasberg deal delayed further
Shares in Freeport McMoRan Inc (NYSE:FCX), the world's largest listed copper miner, were suffering Friday from reports that the company may cut its operations in Indonesia as the government hasn’t granted it a promised temporary permit that would allow it to resume exports of concentrate from ... read more
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Revisi Pelonggaran Ekpor Konsentrat Bukan untuk Badan Usaha Tertentu
JAKARTA, KOMPAS.com - Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan menegaskan, revisi beleid yang mengatur pelonggaran ekspor konsentrat bukan dibuat untuk mengakomodasi kepentingan badan usaha tertentu. "Ini juga mohon perhatian. (Revisi) ini sebenarnya bukan Peraturan Pemerintah yang ... read more
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Aturan Ekspor Konsentrat Akan Terbit Pekan Ini
JAKARTA, KOMPAS.com - Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan menyatakan, revisi atau perubahan keempat terhadap Peraturan Pemerintah nomor 23 tahun 2010 tentang Pelaksanaan Kegiatan Usaha Pertambangan Mineral dan Batubara akan keluar pada pekan ini. "Mudah-mudahan ... read more
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Coking coal price correction turns into rout
It's only the 5th, but the year to date fall in the price of coking coal has already reached 8%. The steelmaking raw material is also a round $100 below its multi-year high of $308.80 per tonne (Australia free-on-board premium hard coking coal tracked by the Steel Index) hit in November. On Thursday ... read more
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BHP makes another $181m available for Samarco
BHP Billiton has approved further financial support for Samarco. The amount of US$181 million has been approved to fund the remediation and compensation programs identified under the Framework Agreement (Agreement) which the Renova Foundation governs and oversees. This amount of US$181 million will ... read more
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Norilsk Nickel launches legal action against BCL over non-payment
JOHANNESBURG, South Africa, December 1, 2016/ — Norilsk Nickel Mauritius and Norilsk Nickel Africa Pty Ltd (together “Norilsk”) (www.Nornik.ru/en) NILSY (NASDAQ), MNOD (LSE), GMKN (MOEX), announce that they have filed legal claims against BCL Limited and BCL Investments Proprietary ... read more
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Iron ore seen below $40
Iron ore will probably drop below $40 a metric ton this week after stockpiles at ports in China climbed to the highest in about seven months, according to Australia & New Zealand Banking Group, which said miners had ample cargoes to sell. Port holdings jumped 2.1% to 89.50 million tons last week, ... read more
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Glencore cuts output, jobs at Aussie coal mine
Glencore, the world’s biggest shipper of power-station coal, is cutting production and more than three-quarters of the jobs at a mine in Australia’s Queensland state after a plunge in prices. The company will start cutting by March about 180 of 230 jobs at the Collinsville coal mine, ... read more
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China’s record steel deluge seen easing
China’s record steel shipments will shrink next year as overseas demand slows and global trade friction increases, according to the China Metallurgical Industry Planning and Research Institute. Net exports of products from the world’s largest supplier are set to contract 8% to 90 million ... read more
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Freeport Indonesia head says Speaker tried to extort shares
JAKARTA – The operator of one of the world’s biggest copper and gold mines was at the centre of a major political scandal in Indonesia after confirming that the speaker of parliament tried to extort shares from the company to ensure its contract extension. Maroef Sjamsoeddin, head of ... read more
