Indonesia plans to limit the area that metal and coal miners can explore to prevent domination by a few companies, a legislator said on Monday, a move analysts said could hurt already poor levels of investment.
Indonesia has some of the world’s largest deposits of coal, copper, tin, nickel and gold, and is keen to earn [...]

A nickel project on Indonesia’s Sulawesi island involving Rio Tinto Ltd/Plc should be agreed under existing mining laws to ensure it is attractive, the CEO of the mining firm said on Monday.
The comments by Tom Albanese highlight concern among mining firms over a draft mining law currently being debated by Indonesia’s parliament which includes plans [...]

Indonesian drilling company PT Apexindo Pratama Duta has secured a US$3.476 million contract from the Pertamina-Medco E&P joint operating body for onshore drilling on Sulawesi island.
Under the contract signed on Jan 15, the company will conduct onshore drilling on rig # 2 in the Senaro-Toli Block in Sulawesi, Apexindo corporate secretary Ade R. Saptari [...]

Indonesia is poised to sign an agreement with Russia’s national electricity trading company Raoues on the possibility of developing a floating nuclear power plant, from which Indonesia will buy electricity at predetermined rates, a provincial government official said.
Authorities from Gorontalo province on Sulawesi island signed a memorandum of understanding last Friday with the Russian-Indonesian Corp, [...]

Newmont Mining Corp. said Friday it has settled with Peruvian villagers involved in a one-day demonstration over jobs that was marred by the death of a protester at a mine in the Andes north of Lima.
About 100 residents were involved in Wednesday’s clash with police and employees at the Mineras Yanacocha complex near Combayo about [...]