Govt to closely monitor Newmont tailings

Govt to closely monitor Newmont tailings

Energy and Mineral Resources Minister Darwin Zahedy Saleh said on Wednesday that the ministry would supervise how PT Newmont Nusa Tenggara’s (NNT) managed its tailings after the local administration’s raised concerns that the company’s activities might disrupt the environment. more..

Pertamina EP fields exceed production targets

Pertamina EP, the upstream business unit of state oil and gas firm PT Pertamina, on Thursday announced that production at its six oil fields had exceeded earlier targets set by the company.more..

Govt urged to subsidize poor people, not goods

To ensure subsidies reach the right targets, an expert suggested that the government change the current form of subsidies to “cash for work” or direct cash assistance (BLT) for those who need the assistance the most. more..

Newmont stock purchase 'unlawful': lawmakers

Lawmakers accused the central government of abusing the law when it used State Investment Agency (PIP) funds to buy a 7 percent stake in mining company PT Newmont Nusa Tenggara. more..

NGOs urge OECD to probe mining firms

Environmental NGOs urged the Organization of Economic Cooperation and Development (OECD) to probe allegations of environmental destruction and bribery involving several multinational and local mining companies operating in Indonesia’s protected forests. more..

Activists want end to W. Timor mining

KUPANG: The East Nusa Tenggara (NTT) chapter of the Indonesian Forum for the Environment (Walhi) is asking the government to shut down all manganese mining in West Timor in a bid to help preserve the environment. more..

Indo-Power 2011 expo kicks off in Jakarta

The Energy and Mineral Resources Ministry officially opened the Indo-Power 2011 exposition at Jakarta International Expo center on Thursday, among efforts to promote the use of alternative energy sources. more..

TEPCO to Post $12b Loss After Crisis: Report

Tokyo Electric Power Co. (TEPCO) is expected to book losses of more than $12 billion in the year ended in March due to the crisis at its tsunami-hit nuclear power plant, a report said on Wednesday. more..

'Big Oil' Faces Grilling in US Congress

With Americans furious at sky-high gasoline prices and tax breaks for "Big Oil" under fire, a key US Senate committee will put five senior oil executives in the dock on Thursday. more..

Subsidi BBM Cenderung Dialihkan ke Perorangan

JAKARTA--MICOM: Pemerintah masih mengkaji rencana penghapusan subsidi bahan bakar minyak (BBM) dan dialihkan ke sektor lain. Saat ini pemerintah lebih condong mengalihkan subsidi BBM tersebut ke perorangan langsung. more..

Newmont Lanjutkan Eksplorasi Elang di Sumbawa

JAKARTA--MICOM: PT Newmont Nusa Tenggara dan Pemerintah Kabupaten Sumbawa menandatangani nota kesepahaman melanjutkan kembali eksplorasi di lokasi tambang Elang, Sumbawa. more..

Pemerintah Pusat Janjikan Nilai Tambah Saham Newmont

JAKARTA--MICOM: Menteri Keuangan Agus Martowardojo mengatakan pemerintah pusat akan memberikan nilai tambah kepada pemerintahprovinsi Nusa Tenggara Barat terkait divestasi tujuh persen saham PT Newmont Nusa Tenggara. more..

Dua Perusahaan Pasok Gas dan Batu Bara ke Pusri

PALEMBANG--MICOM: PT Pupuk Sriwidjaya Palembang menggandeng dua perusahaan gas dan batu bara di Sumatra Selatan (Sumsel) untuk memenuhi suplai bahan baku empat pabrik Pusri, pabrik pupuk Kujang, dan pabrik Gesik. more..

Aktivitas Bongkar Muat Pelabuhan Sampit Terhenti

SAMPIT--MICOM: Aktivitas bongkar muat di pelabuhan Sampit, Kabupaten Kotawaringin Timur, Kalimantan Tengah lumpuh total dalam dua hari terakhir. more..