The quality of Australia’s thermal coal has significant advantages over other countries, including fewer carbon emissions, according to a Minerals Council of Australia (MCA) report.
Cokal has appointed Indonesia’s Harmoni Panca Utama to provide contract mining services at the Bumi Barito Mineral coal development project in the country’s Central Kalimantan province.
Newcrest Mining is progressing a requirement to offload a significant share in the Gosowong gold mine in Indonesia by next year’s deadline.
Gold producer Kingrose Mining has resumed mining at the Way Linggo project in Indonesia, following a pit wall failure last month which caused 4000 ounces of gold being removed from the mine plan.
Rio Tinto’s $2.6 billion Amrun mine in Queensland is cementing Australia’s standing as the world’s top producer of bauxite.
Technology company GreenGold has won a contract to design and install its ReCyn technology at PT Agincourt Resources’ Martabe gold project in Northern Sumatra, Indonesia.
Thiess has secured a $172 million contract extension from Bayan Resources to expand the miner’s coal operations at Melak in East Kalimantan, Indonesia.
The Queensland-focused coal miner is the target of a $240 million takeover offer from a subsidiary of Indonesia’s Golden Energy and Resources.
Gold miner Newcrest Mining has recorded falls in production at three of its mines due to maintenance programs and unplanned outages.
Finders Resources has announced that a wall at the Kali Kuning open pit within the Wetar copper project in Indonesia collapsed on Monday.
Rio Tinto has agreed to sell its interest in the Grasberg copper-gold mine in Indonesia to state-owned PT Indonesia Asahan Aluminium for $US3.5 billion ($4.7 billion).
Rio Tinto has confirmed that PT Indonesia Asahan Aluminium (Inalum) is interested in buying its share in the Grasberg copper-gold mine in Indonesia.
Cokal is on track to secure the funding it requires to develop the Bumi Barito Mineral (BBM) coking coal project in Indonesia.
Oil and gas giant Santos plans to sell several of its Asian assets to British production and exploration company Ophir Energy for $US221 million ($295 million).
Newcrest Mining has slashed its gold production guidance for the 2018 financial year to reflect the impact of last month’s tailings dam breach at the Cadia mine in New South Wales.
The CIMIC mining services division has been awarded a $240 million contract extension at Arutmin’s Satui mine and a $150 million extension at its Senakin mine, both in South Kalimantan.
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
Recently established Indonesian copper consortium Eastern Field Developments has announced that its shareholding in Finders Resources is now over 50 per cent, making it the majority shareholder.
Global gold mine production finished 2017 fractionally higher than the previous year, according to the World Gold Council (WGC).
Finders Resources, the target of a recent takeover bid by Indonesian investment consortium Eastern Field Developments that the former has cited as “opportunistic”, has received the support of a major shareholder, Taurus Funds Management.