Freeport seeks to extend permit for exporting Indonesian copperFreeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May.Bloomberg News | October 10, 2023 | 10:12 am
Coal industry faces 1 million job losses from global energy transition – researchHundreds of labor-intensive mines are expected to close in the…Reuters | October 10, 2023 | 6:01 am
Gold price hits weekly high on Middle East tensionsBullion started to rally on Friday after last week approaching…Staff Writer | October 9, 2023 | 10:21 am
Gold’s allure to dim in India as inflation, patchy rains bite Spot gold prices globally have fallen about 9% this year and plunged to the lowest since 2020 last week. Bloomberg News | September 18, 2022 | 7:36 pm
Indonesia’s $600 billion plan to shut coal plants struggles for support The plan is to keep coal fired-power plants running for another decade and then completely shift away from fossil fuels over the following 20 years. Bloomberg News | September 16, 2022 | 10:33 am
Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto bid It has increased its stake in the Canadian miner to 13.77% while rejecting again Rio Tinto’s $3.3bn offer for 49% of Turquoise Hill. Cecilia Jamasmie | September 16, 2022 | 5:03 am
Shallow-water mining in direct conflict with sustainability goals – study Finnish researchers say that mineral mining alters habitats and causes local biodiversity loss in shallow-water species communities. Staff Writer | September 15, 2022 | 6:06 am
South Korea, US will step up efforts to resolve electric vehicle spat The two sides will begin talks Friday as part of an engagement channel agreed earlier this month in Washington. Bloomberg News | September 14, 2022 | 7:30 am
Indonesia accounts for over 50% of deforestation caused by large-scale mining Coal extraction in the Indonesian province of East Kalimantan drove the mining-related deforestation in the country. Staff Writer | September 14, 2022 | 5:05 am
Vale Indonesia signs HPAL deal with China’s Huayou Vale and Huayou plan to build a $1.8 billion HPAL plant in Sorowako, South Sulawesi, to produce 60,000 tonnes of nickel. Reuters | September 13, 2022 | 6:36 am
Indonesia lost more tropical forest to mining than anywhere Across Indonesia, some 1,901 square km of forest were cut down to make way for industrial mining. Bloomberg News | September 12, 2022 | 12:29 pm
Column: Russia’s coal exports to Asia slipping even as discount widens Russia’s seaborne exports of all grades of coal to Asia dropped to the lowest in four months in August. Reuters | September 12, 2022 | 7:38 am