Wondama's Gold Mining Activities Await Operational Permits

The gold mining activity that will be carried out by PT Abisha Bumi Persada in the Teluk Wondama Regency, West Papua, is just waiting for an operational permit. The Head of the West Papua Province Environment and Land Agency, Rudolof Rumbino in Manokwari, said on Friday that the environmental impact analysis (Amdal) process had been completed. It has submitted documents and recommendations to the One-Stop Integrated Services and Investment Service

Military Take Over Construction of Bridges in Nduga, Papua Province

Detachment of the Indonesian Armed Forces (Zipur) Combat Engineer (Military) will take over the construction of 16 bridges previously worked by PT Istaka Karya and PT Brantas Adibraya in Nduga, Papua Province, Indonesia. Head of the XI Jayapura National Road Development Center, Osman Marbun, said the project was halted due to security disturbances by armed groups some time ago. The shooting killed a number of project workers. According to Marbun,

Inalum: Divestment of Freeport Shares Is Clear and No Collateral

Mining Industry Holding PT Inalum (Persero) managed to increase its ownership in PT Freeport Indonesia (PTFI) from 9.36% to 51.2% in December last year through financing from world-renowned financial institutions. In a document published by Inalum, an explanation was made if BNP Paribas from France, Citigroup from the United States and MUFG from Japan became the underwriters of the Inalum global bond issuance in November last year. CIMB and Maybank