Like Musk, nickel-rich Indonesia has high electric vehicle ambitions

In just three years, Indonesia has signed more than a dozen deals worth more than $15 billion for battery and EV production.

Reuters | February 6, 2023 | 4:50 am

Taseko confirms talks to up stake in Gibraltar copper mine

Confidential discussions with Japan's Sojitz have focused on the potential acquisition of the Japanese's 12.5% stake in the copper mine.

Cecilia Jamasmie | February 3, 2023 | 3:58 am

Freeport Indonesia’s $3bn copper smelter to be completed by end of 2023

The facility in East Java will have a capacity of 1.7 million tonnes of copper concentrate.

Reuters | February 2, 2023 | 7:51 am

Sojitz to sell stake in Gibraltar copper mine to Taseko

The Japanese trading house said reasons for offloading its interest in the Canadian mine included unstable operations, declining grades and increased risk of environmental liabilities.

MINING.COM Editor | February 2, 2023 | 3:33 am

President Jokowi ‘confident’ Tesla will invest in Indonesia

The country has offered the US car maker incentives ranging from tax breaks to a concession to mine nickel.

Reuters | February 1, 2023 | 8:10 am

Gold as inflationary hedge makes Turkey world’s biggest buyer

The central bank’s gold reserves were at the highest level on record, the World Gold Council said in a report Tuesday.

Bloomberg News | January 31, 2023 | 10:42 am

Vedanta said to scrap plans to sell mega Indian copper smelter

The copper smelter, located in the southern state of Tamil Nadu, accounted for almost 40% of the metal’s production in the country.

Bloomberg News | January 31, 2023 | 10:30 am

Indonesia reviewing possible impacts of plan to limit tin exports

The resource-rich country is set to ban exports of all unprocessed metal ore in June 2023 to develop processing facilities at home.

Reuters | January 31, 2023 | 10:22 am

2022 was strongest year for gold demand in over a decade — report

Annual gold demand jumped 18% to 4,741 tonnes, almost on a par with 2011.

Staff Writer | January 31, 2023 | 10:07 am

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UK fraud watchdog must pay damages to ENRC, court rules

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