Date: Wed, 31 Dec 1997 21:19:22 GMT Server: NCSA/1.5.2 Last-modified: Wed, 22 Oct 1997 15:35:30 GMT Content-type: text/html Content-length: 5248
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Mining Opportunities in IndonesiaWith decades of discoveries and exploitations of coal, gold and copper throughout the archipelago, Indonesia has become a hotbed for mineral exploration. For many years Indonesia's mineral wealth has been developed by foreign firms. In 1996, PT Freeport, an American mining firm, became Indonesia's largest single taxpayer, while operating the largest copper mine on earth. | ||
Oil Exploration and ProductionIndonesia's oil and gas production has been its leading foreign exchange earner for several decades. Today, many new finds are being discovered and developed into production. Foreign leases and exploration permits are auctioned on a yearly basis. Exploration permits are most expensive near Jakarta and cheaper farther out in the less developed areas of the archipelago. | ||
Forest Harvest and ManagementThe timber reserves of Indonesia offer some outstanding opportunities in forest management. As the inevitable depletion of the available timer increases, forest management techniques will be highly marketable in order to sustain the timber industry for the future generations. | ||
Discover how Valuable our Experience can be ! | Alfida Associates, working in conjunction with the Indonesian law firm of Makarim & Taira S., has forged several agreements between foreign firms, local partners and the Indonesian government. Success depends upon knowing the professional path to complete the deal. Some companies represented include: ARCO, Newmont, Newcrest, Mekhatara, BHP, Paragon, Mobil Oil, etc. | |
Notes: | Indonesia,
traditionally known for bauxite, silver and tin production, is expanding copper,
nickel, gold, and coal output for export markets. By late 1993, PT Freeport
Indonesia had reached its 66,000 ton per day copper and gold ore throughput
target and had embarked on a new expansion target, of 115,000 tons per day ore
throughput. Upgrading of PT Inco's and PT Aneka Tambang's nickel smelters is
well underway. Coal/gold developments, particularly on Kalimantan, continue to capture headlines. The BP/CRA Kaltim Prima joint venture coal mine, for example, produced about 8.5 million tons of coal in 1993, its second full year of commercial operation. Total coal production reached 29 million tons in 1993 with exports of about 18 million, making Indonesia a leading steaming coal exporter. In mid-1993, the Department of Mines and Energy reopened the coal sector, closed since 1986, to foreign investors. Indonesian coal production in the 70 million to 80 million tons range by the end of the decade appears attainable. | |