#Mining
Jardine C&C subsidiaries to acquire Indonesian gold miner for US$540 million
A Singaporean based investment holding company, Jardine Cycle & Carriage (Jardine C&C) announced on Monday, September 15, 2025 that two of its indirect subsidiaries have agreed to purchase Indonesian gold mining company Arafura Surya Alam (ASA) in a deal valued at US$540 million (Rp8.9 trillion).
Government allows Gag Nickel mine to resume operations for environmental audit
The Energy and Mineral Resources (ESDM) Ministry has confirmed that nickel mining activities at PT Gag Nikel in Raja Ampat, Southwest Papua, have resumed this month not as a return to full operations, but as part of a comprehensive environmental audit.
Danantara eyes investment in Vale’s HPAL smelter projects
Indonesia’s sovereign wealth agency, BPI Danantara, is exploring potential investment in mining company PT Vale Indonesia’s (INCO) high-profile smelter projects.
Walhi to release counter-documentary against mining narrative located in South Halmahera
The Indonesian Environment Forum (Walhi) is producing a counter-documentary in response to a recent film, which the environmental watchdog says fails to fully represent the reality of local communities living near mining operations.
Indonesia’s Gag nickel resumes operations after temporary suspension
The Ministry of Energy and Mineral Resources (ESDM) has confirmed that PT Gag Nickel, a subsidiary of state-owned miner PT Antam, has resumed operations on Gag Island, Raja Ampat, Southwest Papua.
Seven firms in IPO pipeline as gold, property subsidiaries prepare to list
The Indonesia Stock Exchange (IDX) has reported that seven companies are in the pipeline to launch initial public offerings (IPO).
Nickel industry in uncertainty as work plan, budget reduced to one year
Indonesian nickel industry is once again dealing with challenges after the government decided to reduce the mineral and coal production period under the government-approved Work Plans and Budgets (RKAB) from the previously three years, to one year.
Eramet: Collaboration with INA, Danantara continues
Mining company Eramet Indonesia has confirmed that collaboration with the Indonesian Investment Management Agency (INA) and Sovereign Wealth Agency Danantara Indonesia is underway and will continue into the future, citing ongoing cooperation to establish a strategic investment platform in the nickel sector, from upstream to downstream operations.
Prabowo vows crackdown on Illegal mines, warns military and police figures
President Prabowo Subianto has pledged a sweeping crackdown on illegal mining operations, revealing that authorities have identified 1,063 such sites across Indonesia, with estimated state losses of at least Rp 300 trillion (US$18.18 billion).
Indonesia accelerates EV battery industry with US$5.9 B integrated nickel project
Indonesia’s state-owned mining holding company, MIND ID, is stepping up efforts to optimize the country’s strategic mineral potential to fuel the growth of the electric vehicle (EV) battery industry.
Former top mining inspector named corruption suspect in Rp500 B coal scandal
Sunindyo Suryo Herdadi, former Director of Engineering and Environment at the Ministry of Energy and Mineral Resources (ESDM) and Chief Mining Inspector from April 2022 to July 2024, has been named a suspect in a major coal mining corruption case.
Vale confirms talks, no deal yet with Korean investor in $1.9 billion Sorowako project
PT Vale Indonesia (INCO) has addressed reports regarding the potential entry of a South Korean investor into its Sorowako limonite project, which is currently under construction and valued at approximately US$1.9 billion (Rp31 trillion).