This proposal, aimed at improving industry governance, comes as miners face rising operational costs and tight cash flows.

Other miners that could be affected by the proposal include Freeport-McMoran’s Indonesian unit, Amman Mineral Internasional and tin miner Timah.

About $600 million was wiped from Nickel Industries market cap after a major investor dumped stock and the Indonesian government proposed a hike in mining royalties.

Baru Gold has been looking to bring the Sangihe gold project, situated on the Indonesian island of the same name, into production.

“It’s going to Weda,” one miner told Mongabay Indonesia ... Alexandra Szalay met explorer Tim Flannery when they joined Indonesian scientist Boeadi on an expedition to New Caledonia.

The up to $121m bond is supported by BCA Sekuritas, BNI Sekuritas, Sucor Sekuritas and BRI; the miner is also eyeing a "transformative" acquisition to help sustainability efforts. Indonesian miner ...

Nickel pure-play Nickel Industries has provided more detail on potential royalty increases for mining companies by the ...

January 16, 2025 Vale Indonesia awards Petrosea $1 billion contract for nickel ore mining Indonesian miner Vale Indonesia said it had awarded Petrosea a $1 billion contract to mine for nickel ore ...

Nickel Industries has been smashed on the ASX around concerns about new Indonesian tax plans and a big block sale by now-former shareholder Harum Energy.

JKSE plunges 4.7% to lowest since August 2021 * Rupiah hits three-week low * Indonesia's 10-year bond yield hits 9-week high * Singapore stocks, dollar meander ahead of inflation * Turkey's lira ticks ...