PT Bumi Suksesindo (PT BSI) is committed to continuing mining operations that prioritize the safety and security of employees, operations, and the environment.The statement was made by the General Manager of Operations (GMO) and Chief Mining Engineer (KTT) of PT BSI, Roelly Fransza.The campaign for occupational health and safety was also highlighted during the opening ceremony of National Occupational Health and Safety Month (Bulan K3 Nasional), held at PT BSI's site, Tujuh Bukit Operations, on Tuesday, January 14, 2025.According to Roelly Fransza, the National K3 Month is the perfect moment to reflect the company's commitment to creating a safe and healthy work environment."National K3 Month is an extraordinary moment to reflect on our commitment to creating a safe and healthy work environment for all of us," said Roelly Fransza on Wednesday, January 15, 2025.This year’s theme for K3 Month is ‘Strengthening Human Resources Capacity to Support the Mining Safety Management System (SMKP) and Productivity’. Additionally, PT Merdeka Copper Gold Tbk's subsidiary also set a sub-theme, which is ‘Strengthening K3 Culture and Resilient Risk Management Systems, and Effective Contractor Management to Achieve Safety and Optimal Productivity at PT Bumi Suksesindo’.Mining safety, according to Roelly Fransza, encompasses all activities related to the management of occupational health and safety in mining as well as operational safety in mining. A good safety performance in mining will lead to improved company productivity."The idea is, when we can work safely and securely, production flows smoothly, and productivity increases. With good productivity, the company's performance also improves, which ultimately benefits us and the environment" he explained.During National K3 Month, in addition to the opening ceremony, the gold mine at Tumpang Pitu Mountain, Sumberagung Village, Pesanggaran District, Banyuwangi, East Java, will also host various activities for employees and contractors. These include the Tujuh Bukit Fire Rescue Challenge, Occupational Health and Safety Webinar, Mining Safety Ideas and Innovations Competition, Mining Safety Promotion Video Competition, Risk Management Officer (RMO) Program, and OHS Reflection Day. These activities are planned to take place from January to March 2025.Roelly Fransza hopes that National K3 Month will serve as a foundation and reflection for PT BSI employees and contractors to improve mining safety performance today and in the future."Mining safety is the collective result of the performance of individuals - each of us. Every individual plays an equally important role" he concluded.

Recording several exploration projects in 2024, MIND ID, is committed to consistently carrying out the government mandate in managing mineral and coal resources and reserves this year.It is worth noting that exploration involves a series of activities including preliminary surveys, geological mapping, topographic surveys, geophysical investigations, and other basic investigations, followed by drilling activities and laboratory analysis.This is done in order to obtain data on the overall potential resources and reserves before conducting mining activities.MIND ID's Corporate Secretary, Heri Yusuf, stated that the strategic downstream projects of the MIND ID Group have been deemed effective in utilizing Indonesia's current mineral and coal resources and reserves.To ensure the long-term sustainability of the downstream program, the MIND ID Group remains committed to maintaining the resilience and growth of reserves by using the reserve replacement ratio as an indicator, through the company's commitment to conducting ongoing exploration activities."Exploration is the most upstream process in the mining industry and is crucial. We strive to ensure that these reserves continue to grow and are ready to be monetized to guarantee the sustainability of Indonesia’s mineral downstream program" he said in a press release on Wednesday (January 15).The exploration programs that have been carried out in 2024 are being managed by PT Aneka Tambang Tbk (ANTM) to manage the resources and reserves of critical and strategic mineral commodities in various regions such as Tayan, West Kalimantan for bauxite, and Pongkor, West Java for gold.As for nickel commodities, exploration is ongoing in areas such as North Konawe, Pomalaa in Southeast Sulawesi, Tanjung Buli in North Maluku, and Gag Island in Southwest Papua.PT Bukit Asam Tbk (PTBA) is also carrying out exploration with a focus on the Tanjung Enim area in South Sumatra, which holds the largest coal reserves in Indonesia. In 2024, exploration activities have included geological mapping and monitoring, drilling, and sample analysis.PT Freeport Indonesia (PTFI)’s copper and gold production, as planned, has a mine life until 2041. However, based on the current estimates of available resources and reserves, production is expected to continue beyond 2041, provided that an extension of the production operation license is granted by the Government of the Republic of Indonesia.PT Vale Indonesia Tbk (INCO) is also consistently conducting exploration activities and plans to intensify exploration in the Tanamalia Block, which is part of the company’s mining concession in Sorowako, South Sulawesi.Furthermore, PT Timah Tbk (TINS), as a member of the MIND ID Group, has also demonstrated its commitment to exploration activities, including drilling operations in the seas around Bangka Island and Kundur Island. Meanwhile, PT Timah Tbk is also conducting land exploration activities that include primary and alluvial tin deposits, as well as mine guidance drilling to optimize production on Bangka Island and Belitung Island."The exploration program has been quite aggressive in 2024, and we are committed to continuing it in 2025 to consistently support the creation of sustainable added value for the Indonesian economy in the long term" he concluded.

Former Foreign Minister Retno Marsudi has been appointed as an Independent Commissioner of mining giant PT Vale Indonesia Tbk. during an Extraordinary General Meeting of Shareholders (EGMS) held January 14, 2025, at Soehanna Hall in South Jakarta.The EGMS approved important changes to the composition of the Company's Board of Commissioners. Specifically, Raden Sukhyar was officially honorably dismissed as an Independent Commissioner. This decision is effective immediately and includes a full release of responsibility (acquit et de charge) for his actions during his tenure, provided these actions are documented in the company's official reports and do not violate any applicable laws.As his replacement, Retno Lestari Priansari Marsudi was subsequently appointed as the new Independent Commissioner of the Company. “Effective from the closing of the EGMS until the closing of the Company's Annual General Meeting of Shareholders in 2027,” according to an official statement from PT Vale Indonesia Tbk.During the EGMS, the Board of Directors and the Board of Commissioners of PT Vale Indonesia Tbk. expressed their gratitude to Raden Sukhyar for his contributions and dedication during his service.The latest composition of the Board of Commissioners of PT Vale Indonesia Tbk. is as follows:President Commissioner: Muhammad Rachmat KaimuddinVice President Commissioner: Emily Marie OlsonCommissioner: M. Jasman PanjaitanCommissioner: Edi PermadiCommissioner: Fabio De Souza Queiroz FerrazCommissioner: Kristina Janet GauthierCommissioner: Yusuke NiwaIndependent Commissioner: RudiantaraIndependent Commissioner: Marita AlisjahbanaIndependent Commissioner: Retno Lestari Priansari Marsudi

Trinitan Green Energy Metals (TGEM), a pioneer in sustainable Class 1 nickel processing technology, has set a strategic target to produce 3,200 tons of Mixed Hydroxide Precipitate (MHP) in 2025. This target aligns with TGEM’s successful production capacity ramp-up at its Go STAL facilities in the last quarter of 2024.“This growth target is a testament to TGEM’s commitment to meeting the increasing global demand for sustainable nickel solutions,” Rama A. Panjaitan, Head of Project Development & Management at TGEM, said in the press statement on Tuesday, January 14. “To achieve this, we are focusing on serving key export markets, including Korea and Japan, while continuing to explore opportunities in other high-demand regions,” he added.To support this target, TGEM continues to enhance its proprietary STAL (Step Temperature Acid Leach) Technology, expanding its capabilities to process a wider range of materials. Advancements in this technology now allow the company to process not only laterite ore but also processed industrial waste, such as processed spent catalysts. “These enhanced capabilities mark a significant step toward circular economy practices, reintegrating waste materials into production processes and significantly reducing environmental impact,” Rama explained.These advancements reflect years of research and development, reinforcing TGEM’s role in advancing environmentally responsible nickel extraction technology developed by Indonesians. “With these enhanced capabilities, we are making meaningful contributions to sustainable nickel production, supporting global decarbonization goals, and meeting the increasing demand for high-quality nickel solutions,” Rama added. “This is particularly crucial for key regions like the Western markets, where stringent quality and sustainability standards are prioritized.”As part of its strategic growth, TGEM is actively expanding its footprint in the Western markets, where demand for sustainable and high-quality Class 1 nickel solutions continues to rise. Rama stated, “TGEM is uniquely positioned as the only company capable of meeting the strict requirements of the Western markets.” He added, “Our innovative STAL Technology ensures we are well-positioned to meet the growing needs of industries that adhere to strict sustainability and production standards.” TGEM is also strengthening its relationships with Western partners to ensure reliable supply chains for environmentally responsible nickel products.TGEM’s MHP production, with a nickel content exceeding 50%—significantly higher than the global average of 30%-40%—positions the company as a key supplier for Western markets, where stringent quality and sustainability standards are essential.“TGEM’s STAL Technology applications align with our Zero Waste Initiative by converting residues into valuable by-products,” Rama explained. “This initiative eliminates the need for long-term residue management and offers an environmentally-friendly alternative to the commonly used High Pressure Acid Leach (HPAL) MHP production method, which has been criticized for generating significant residues and posing long-term environmental risks. By adopting these Zero Waste principles, TGEM is paving the way for a more sustainable future in nickel production.” 

Minister of Energy and Mineral Resources, Bahlil Lahadalia, revealed that the government will encourage several commodities for its downstream program, in addition to nickel. "There are 26 to 28 commodities that will be prioritized, especially in fisheries, forestry, agriculture, oil and gas, and mineral and coal (minerba)," he said when met at his office on Friday, January 10, 2025.According to Bahlil, President Prabowo is advocating for development across all sectors. "So far, we have been focusing on nickel, but copper is already progressing. Then there's bauxite, tin, oil and gas. We are also pushing for methanol," Bahlil explained.The 28 commodities for downstreaming include coal, nickel, tin, copper, bauxite, stainless steel, gold and silver, lead asphalt, sand, manganese, cobalt, metals, petroleum, natural gas, palm oil, coconut, rubber, biofuel, round log, pine resin, shrimp, fish, crab, seaweed, salt, nutmeg, cocoa, and tilapia.Specifically for oil and gas, the government will also build methanol production facilities for B35 and B40 needs to meet the production target of 2.3 million tons. Currently, domestic production, according to Bahlil, can only reach 500,000 tons. "This means that up to 80 percent is still imported," he said. "We are pushing for methanol production in Bojonegoro."In addition to methanol, Bahlil mentioned that the government is also encouraging the development of an ammonia industry in West Papua. He added that the government is promoting the development of various other industrial sectors such as fisheries, agriculture, and forestry, as these sectors have the potential to create significant employment opportunities.In the coal sector, the government is also promoting gasification or dimethyl ether (DME) as an alternative energy source to replace liquefied petroleum gas (LPG). According to Bahlil, the Ministry of Energy and Mineral Resources (ESDM) requires companies that previously held Coal Mining Business Agreements (PKP2B) and have obtained Special Mining Business Permits (IUPK) to implement coal downstreaming.President Prabowo Subianto, when he first took office, instructed ministers to formulate a downstreaming program. He believes that the downstreaming program will be one of the key strategies for the government to address poverty in Indonesia.

PT Bukit Asam Tbk (PTBA) has reported its exploration activities for the fourth quarter (October-December 2024). The exploration was conducted by PTBA's internal team in collaboration with a third party, a mining services contractor.Corporate Secretary of PTBA, Niko Chandra, explained that the exploration took place in the Tanjung Enim area using coring, open hole, and geophysical logging methods. The activity involved Sucofindo and incurred a cost of IDR 21.69 billion.The exploration focused on the Air Laya and Banko Tengah B areas, resulting in 59 drilling points with a total of 11,204 meters of infill drilling at active mines, as well as additional drilling to expand the exploration coverage with 54 drilling points totaling 10,658 meters.Additionally, coal and rock sampling produced 1,707 coal samples for quality analysis, 299 core samples for rock acidity testing, and 565 samples for rock mechanics testing.Other activities included monitoring the ToCBoC Front of the mine at various locations, such as Muara Tiga Besar, Air Laya, Banko Barat, Banko Tengah A, and Banko Tengah B.Additional costs were allocated for database management, software licenses, and other operational activities.In another area, PTBA’s subsidiary also explored PT Internasional Prima Coal’s (IPC) mine. The exploration was carried out by PT Prasetya Abdi Perkasa using coring and open hole methods.The result was 34 drilling points with a total length of 2,248 meters (579 meters of coring and 1,669 meters of open hole), with a total cost of IDR 2.4 billion.Niko Chandra added that the exploration in Tanjung Enim will continue into 2025. Meanwhile, in the IPC area, the focus will shift to updating geological models and preparing geotechnical study reports.

Eramet Indonesia is striving to achieve decarbonization in its operational areas. Eramet Indonesia CEO, Jerome Baudelet, stated that this aligns with the company’s corporate social responsibility (CSR) roadmap, Act for Positive Mining, which includes 13 goals for the 2024-2026 period, with long-term targets set for 2035."The effectiveness of the Act for Positive Mining strategy will be verified through external audits based on the IRMA standards, or the Initiative for Responsible Mining Assurance," Jerome said when contacted on Wednesday (January 8, 2025).IRMA is an international coalition consisting of various sectors, including NGOs, consumers, investors, mining companies, and labor unions. Jerome explained that the audit aims to ensure that Eramet’s mining activities prioritize responsible mining principles. He mentioned that Eramet globally plans to audit all its operations, including those in Indonesia, in 2027.“Our achievements include the launch of Eramet Beyond in November 2024 in Indonesia, which aims to support social and economic development around our operational areas,” Jerome revealed. The company is also collaborating with the Kitong Bisa Foundation (KBF) to provide scholarships to students from North Maluku, Papua, and Sulawesi, in an effort to reduce the gap in access to quality education in Eastern Indonesia.Additionally, biodiversity is one of Eramet’s main focus areas. Jerome shared that the company conducts environmental assessments from the early stages of projects and works with local communities for reforestation efforts. “In New Caledonia, we have created a conservation area of 800 hectares. Meanwhile, in Gabon, we are preserving 15 percent of the Okouma mine area to protect the forest and wildlife,” he said.Jerome mentioned that Eramet has reduced global carbon emissions by 12 percent from 2019 to 2022, with a target of achieving a 40 percent reduction by 2030. As part of this, Weda Bay Nickel, a subsidiary of Eramet, plans to develop a decarbonization roadmap this year to further reduce carbon emissions."Eramet wants to be a benchmark in the transformation of minerals and the responsible use of Earth's mineral resources. This vision is aligned with our company’s strategy, which is ‘living well together,’" Jerome explained.

PT Amman Mineral Internasional Tbk (AMMN) is optimistic that its gold production target for 2025 can be achieved, supported by a well-planned expansion strategy and operational improvements.Amman’s Vice President of Corporate Communications, Kartika Octaviana, revealed that in its 2024 nine-month performance report, Amman has projected its 2025 production with a target of 228 million pounds of copper and 90,000 ounces of gold."These targets reflect the dynamics of operations, which are influenced by the mining plan at Batu Hijau, now entering the early stages of Phase 8 with low to medium-grade ore," said Kartika to Kontan on Tuesday (January 8).Kartika explained that Amman remains focused on operational efficiency and maintaining its status as one of the world's low-cost copper and gold producers. As a price taker, market dynamics do not impact our production and sales strategy. Our main focus remains on optimizing performance and controlling costs.This year, Amman is focusing on completing strategic projects to support future production activities."This year, we are focusing on completing expansion projects, including the final commissioning phase of the copper smelter and precious metal refining, gas and steam power plants, LNG facilities, and processing plant expansion," said Kartika.Kartika added that the company continues to prioritize safety in the construction process to ensure that all facilities can operate optimally and safely in the long term. To support this, Amman has allocated a capital expenditure (capex) of US$ 1.4 billion for the period from Q4 2024 to 2025. The capex realization for Q4 2024 will be announced in the 2024 fiscal year performance report, which is scheduled for release in March 2025.Several projects currently underway at Amman, such as the copper smelter, gas and steam power plants, and LNG facilities, are designed to enhance operational capacity and support the company's sustainable growth. Additionally, the expansion of the processing plant will be a crucial catalyst to boost production capacity, particularly in addressing the challenge of lower-grade ores.With a well-measured long-term strategy and significant investment in infrastructure development, Amman is optimistic about meeting its production targets and maintaining competitiveness in the global mining industry.

MIND ID is consistent in applying the best systems for water management in each of its strategic projects. This is not just about meeting operational production standards, but also part of a long-term strategy to preserve the environment.This is comprehensively implemented at the Smelter Grade Alumina Refinery (SGAR) in Mempawah, West Kalimantan, which is operated by PT Borneo Alumina Indonesia, a joint venture between PT Indonesia Asahan Aluminium (INALUM) and PT Aneka Tambang Tbk (ANTAM). SGAR has utility facilities ranging from a production wastewater treatment station to a water intake station.MIND ID's Corporate Secretary, Heri Yusuf, emphasized that SGAR is one of the national strategic projects, and MIND ID strives to ensure that every system applied is the best system, including in terms of water management."Through an integrated water management system, we aim to reduce surface water consumption, while ensuring that the water used can be treated, recycled, and returned to the environment with quality that meets standards," he said, as quoted in a written statement on Wednesday (January 8, 2025).Heri explained that the integrated water management process begins with the treatment of raw water at the Intake Water Station, distribution and storage through the River Water Regulating Pool, and purification at the Water Purification Plant.The wastewater generated from production is processed at the Production Wastewater Treatment Station using the latest technology to ensure its quality before being recycled or returned to the environment.Heri Yusuf added that the success of the water management system at SGAR is closely linked to the application of advanced technology and a commitment to continuously improve operational efficiency."The principles of reduce, reuse, and recycle form the foundation of every step we take in managing water at SGAR. This approach not only helps us meet environmental standards but also ensures that water resources are preserved for the sustainability of operations in the future," he explained.SGAR also optimizes the use of rainwater through the Rainwater Collecting Pool, where the collected water is treated and reused for various operational needs.Domestic waste from daily activities is processed at the Domestic Sewage Treatment Plant, which applies a series of anaerobic, anoxic, aerobic, and precipitation processes to ensure that the wastewater is free of harmful contaminants before being discharged into water bodies.In addition, the Demineralized Water Plant at SGAR ensures the availability of high-quality water to support production processes that require specific standards. Through demineralization technology, the water produced is free from mineral salts and ready to be used in various production activities that require high precision.

PT Bumi Resources Minerals (BRMS) views the gold business prospects as still positive, supported by predictions that global gold prices are projected to reach USD 3,000 per troy ounce in 2025-2026, according to various international institutions such as Goldman Sachs, UBS, and JP Morgan.According to the Director & Chief Investor Relations Officer of Bumi Resources Minerals (BRMS), Herwin W. Hidayat, these predictions create a positive sentiment for BRMS, which is currently on an expansion path for gold production.As of September 2024, BRMS recorded gold production of 46,000 ounces, with the potential to reach over 55,000 ounces or even approach 60,000 ounces by the end of 2024."This is an outstanding increase considering BRMS' gold production in 2023 was around 23,000 ounces. This means the impact of this production increase will be positive for BRMS' financial performance," said Herwin to Kontan on Tuesday (January 7).Herwin mentioned that the rise in gold production will directly impact BRMS' financial performance, which continues to improve amid the focus on developing strategic projects.One of BRMS' key projects is the development of underground mining infrastructure in Poboya, Palu. Currently, the mine still uses open-pit mining methods with an average gold grade of 1.5 grams per ton (g/t)."Our underground mining plan in Poboya is expected to start operating by 2027, with a much higher average gold grade, above 3.5 g/t. This will significantly boost our gold production," Herwin explained.In addition, BRMS is also focused on completing the construction of a gold ore processing plant in Gorontalo. This facility is scheduled to begin operations in mid-2026, in line with the plans outlined at the Annual General Meeting (AGM) in April 2024.Regarding the capital expenditure (capex) requirements for 2025, Herwin stated that details on the allocation of capex and its funding sources will be announced in the first quarter of 2025.