Britmindo News

Medco takes over Batu Hijau mine from Newmont

US mining giant Newmont Mining Corporation and IDX-listed energy firm PT Medco Energi Internasional Tbk announced on Thursday deals that lead to the pullout of the American firm from the Batu Hijau

Seaborne thermal coal trade to fall 30 mil mt in 2016, says analy ...

Singapore (Platts)--30 May 2016 310 am EDT/710 GMT Global seaborne thermal coal trade could fall 30 million mt this year, with much of the slump occurring in Europe, Mercuria Energy Tradings Direct ...

New Indonesian mine mouth coal pricing regulation introduces pric ...

On 4 April 2016, the Minister of Energy and Mineral Resources ("MEMR") issued a new regulation on coal pricing for mine mouth power projects, Regulation No. 9 of 2016 on the Procedures for the Supply

International thermal coal market adjusts to Chinas changing dyna ...

Seaborne cargo sellers are battling several headwinds in the China thermal coal market including stalling demand, lower economic growth and competition from renewable energy sources, said a range of m

Coal reserves feared not enough to meet future demand from power ...

The Indonesia Coal Mining Association (ICMA) feared that the country’s current coal reserves will not be enough to meet future demand from new coal-fired power plants currently being developed.

PTBA updates coal reserves, resources

IDX-listed coal mining company PT Bukit Asam Tbk (PTBA) has recalculated coal reserves and resources at most of its mines, except for the Lahat mine in South Sumatra which is still in legal dispute.

Pakistan eyes coal purchase from Indonesia for power projects

Pakistan is looking into the possibility of procuring coal from Indonesia for its coal-fired power generation projects, a report said on Thursday.

Revision of mining law to be completed this year

Minister of Energy and Mineral Resources Sudirman Said stated that the planned revision of the 2009 Mining Law is expected to be completed by end of this year.

ICMA expects lower coal output, export in 2016

The Indonesian Coal Mining Association (ICMA) expects the country’s coal production this year to further decline to around 350 million tons to 370 million tons from 392 million tons last year amid t ...

All non-C&C mining permits to be revoked by May

Minister of Energy and Mineral Resources Sudirman Said stated that efforts to resolve thousands of non-clean and clear (non-C&C) IUP mining permits will be completed by May of this year.