Latest Indonesian Mining Sector News

Nickel Industries is investing US$169 million for a 17.5% stake in the PT Teluk Metal Industry HPAL project, aiming for production by September 2027 and leveraging its exclusive ore supply from Sampala.

Far East Gold has obtained a crucial environmental approval from the Indonesian government, clearing the way for advanced exploration at its Idenburg Gold Project and setting the stage for accelerated development.

Far East Gold has confirmed a 50-metre lateral extension of high-grade gold mineralisation at its Idenburg Project in Papua, Indonesia, with assay results from drillhole KSD027 revealing bonanza-grade intervals up to 175 g/t Au. This marks the fifth consecutive drillhole confirming robust gold zones, underpinning the prospect’s significant growth potential.

Cokal Limited has resumed coal sales to domestic users and advanced critical infrastructure upgrades at its Indonesian metallurgical coal projects, signaling a strategic operational ramp-up amid improving market conditions.

Cokal Limited has secured a binding agreement with PT Petrindo to jointly fund and develop the BBM Haul Road into an all-weather route, appointing PT Petrosea as contractor to support coal transport capacity growth.

Cokal Limited has strengthened its position in Central Kalimantan through strategic partnerships with PT Petrindo and Cratus Group, securing US$20 million in funding to boost coal production and infrastructure development.