Freeport losing 220000 T of ore output a day at shut Indonesia mine

Reuters - Wednesday 22nd May, 2013

JAKARTA | Wed May 22, 2013 1:55am EDT JAKARTA May 22 (Reuters) - Freeport McMoRan Copper & Gold Inc is losing production of about 220,000 tonnes of concentrated ore a day after the shutdown of its Indonesian copper mine in Papua after a tunnel collapse that killed 28 people, a company executive said on Wednesday. Freeport closed the remote Papua mine on Wednesday last week, a day after ...

Editorial Uphill tasks for Chatib

The Jakarta Post - Wednesday 22nd May, 2013

Paper Edition | Page: 6 M. Chatib Basri -- who was installed on Tuesday as the new finance minister to replace Agus Martowardojo, who is to head Bank Indonesia (Central Bank) -- had all along been the front-runner and most qualified candidate to lead the fiscal management all along.Chatib fulfills all the fundamental requirements to lead the fiscal management --he is not affiliated with any ...

All 28 bodies recovered from Indonesian mine room

San Diego Union-Tribune - Wednesday 22nd May, 2013

JAKARTA, Indonesia -; Rescuers have recovered all 28 bodies from a collapsed underground room inside the giant U.S.-owned gold and copper mine in Indonesia's province of ...

Teacher from Bali shares stories

Margaret River Mail - Wednesday 22nd May, 2013

See your ad here INDONESIAN teacher Johan of Denpasar, Bali is visiting local schools this week to talk to students about his language and culture.He visited the Margaret River Senior High School Indonesian class on Monday, and is also teaching at Cowaramup Primary School.His trip to WA, which included working in Narembeen, Hyden and Mandurah, is supported by the Indonesia Australia Language ...

Indonesias Bank Danamon shares tumble 5 pct after DBS approval

General Sources - Tuesday 21st May, 2013

(Adds analyst reaction, details) JAKARTA, May 22 (Reuters) - Shares in Bank Danamon Indonesia Tbk PT dropped as much as 5 percent on Wednesday, pressed down by uncertainty over whether Singapore's DBS Group Holdings Ltd will be able to purchase a majority stake in the Indonesian lender. Indonesia's central bank said Singapore needed to open up its banking sector to Indonesian ...

Freeport Declares Day of Mourning After Indonesia Mine Accident

General Sources - Tuesday 21st May, 2013

Freeport-McMoRan Copper & Gold Inc. (FCX) declared a day of mourning after an accident at the Grasberg complex in Indonesia killed 28, prompting the nation to order a review of all mining operations. Memorial services will be held today at its Jakarta office and site at Papua, PT Freeport Indonesia said today in an e-mailed statement. Work at the world's second-largest copper mine ...

China too strong for Indonesia

China.org.cn - Tuesday 21st May, 2013

Defending champion China trounced arch rival Indonesia 5-0 to top Group A of the Sudirman Cup in Kuala Lumpur yesterday, declaring it is ready to face anyone in tomorrow's ...

Indonesian activists rail against rising cyber-homophobia

Asia News Network - Tuesday 21st May, 2013

Indonesian activists say more work is needed to fight online discrimination against homosexuals and transgendered people. Kamilia Manaf, a representative of the Pelangi Perempuan Institute, which advocates lesbian rights, said that an increasing number of people were insulting members of the lesbian, gay, bisexual and transgendered (LGBT) community on the Internet. "There are people who ...

Indonesia After 15 Years Justice Remains Beyond Reach

General Sources - Tuesday 21st May, 2013

The twenty first of May 1998 is celebrated by the Indonesians as the birth of reform in their country. It marks the resignation of the then President Soeharto who, at that time had been leading Indonesia for over 30 years. The road to this birth, however, was a bloody one. In May 1998 two gross violations human rights took place. One was the shooting of students by the military at ...

Police to probe Labora’s superiors

The Jakarta Post - Tuesday 21st May, 2013

Paper Edition | Page: 4 The National Police will question the direct superiors of Adj. First Insp. Labora Sitorus over their involvement in his suspicious 'businesses', a top official said. National Police chief of detectives Comr. Gen. Sutarman said on Tuesday that the force's Internal Affairs Division (Propam) was in Papua to interrogate and investigate. "Propam deals with ...

Lawmakers biggest source of funding for parties Survey

The Jakarta Post - Tuesday 21st May, 2013

Paper Edition | Page: 4 Antigraft watchdog Indonesian Corruption Watch (ICW) claims to have found in its survey that political parties finance their activities by illegally collecting funds through their politicians at the House of Representatives. Throughout 2012, ICW conducted research on the financial reports of nine political parties: the Democratic Party, Golkar Party, Democratic Party of ...

Activists rail against increasing ‘cyber-homophobia’

The Jakarta Post - Tuesday 21st May, 2013

Paper Edition | Page: 4 Activists say more work is needed to fight online discrimination against homosexuals and transgendered people.Kamilia Manaf, a representative of the Pelangi Perempuan Institute, which advocates lesbian rights, said that an increasing number of people were insulting members of the lesbian, gay, bisexual and transgendered (LGBT) community on the Internet."There are ...

Indonesia - Market factors to watch on May 22

Reuters - Tuesday 21st May, 2013

JAKARTA, May 22 (Reuters) - Following are some company-related and market news which could have an impact on the local market. ------------------- MARKET SNAPSHOT @ 0010 GMT -------------- INSTRUMENT LAST PCT CHG NET CHG S&P ...

US aircraft released after being impounded

The Jakarta Post - Tuesday 21st May, 2013

After being impounded for 17 hours, a US military aircraft was given clearance at 7:15 a.m. on Tuesday after it entered Indonesian airspace uninvited the day before."We have allowed them to continue their journey to Singapore [the aircraft's final destination] after we received security clearance from TNI headquarters as well as diplomatic clearance [from the Foreign Ministry]," ...

AGO accused of rights abuse in Chevron case

The Jakarta Post - Tuesday 21st May, 2013

The Attorney General's Office (AGO) has been accused of violating human rights in investigating a case involving US-based oil and gas giant Chevron Indonesia.National Commission on Human Rights (Komnas HAM) commissioner Natalius Pigai told reporters in Jakarta on Tuesday that Komnas HAM would report its findings to President Susilo Bambang Yudhoyono, the House of Representatives and the ...

Forestry Ministry KPK ink deal to battle graft

The Jakarta Post - Tuesday 21st May, 2013

Following the extension of the two-year moratorium on forest clearances, the Forestry Ministry signed a memorandum of understanding (MOU) with the Corruption Eradication Commission (KPK) on Tuesday to prevent malpractice and corruption."This effort has been made to improve the ministry's administration following the moratorium. The ministry can no longer 'sell' concession ...

SBY asks D-8 to enhance cooperation

Jakarta Informer - Tuesday 21st May, 2013

Warm welcome. President Susilo Bambang Yudhoyono (right) welcomes Developing 8 (D-8) Secretary General, Seyed Ali-Mohammad Mousavi (left), to the Presidential Office in Jakarta, on Tuesday. The … Full News here ...

Indonesia- 2013 inflation may rise to 7 if fuel prices go up

MENAFN - Tuesday 21st May, 2013

(MENAFN) Indonesian finance minister, Muhamad Chatib Basri, announced that if local fuel prices rise, then the country's 2013 inflation level might grow to 7 percent, reported Reuters.Earlier this month, the Indonesian president stated that the government may raise fuel prices if only the parliament endorsed a financing program to protect the poor from the inflationary impact of high fuel ...

China to face Indonesia again in badminton quarters

West Australian - Tuesday 21st May, 2013

KUALA LUMPUR (AFP) - Luck was not on Indonesia's side on Tuesday as hours after suffering a crushing 5-0 defeat to China, they were drawn to meet the eight-time Sudirman Cup champions again, this time in the quarter-finals.Germany, who stunned hosts Malaysia 3-2, were matched against South Korea, while Taiwan will meet Denmark, and Thailand will face Japan in the other quarter-finals on ...

Freeport tunnel victims all evacuated

The Jakarta Post - Tuesday 21st May, 2013

Thirty-eight workers buried in a collapsed tunnel at the Big Gossan underground training facility at the PT Freeport Indonesia mine have been all evacuated.A statement released by Freeport said that eight bodies were removed from the collapsed tunnel on the last day of rescue efforts on Tuesday.They were identified as Daniel Tedy Eramuri, David Gobay, Febry Tandungan, Ferry Edison Pangaribuan, ...

Mine Collapse Kills 21 in Indonesia

Prensa Latina - Tuesday 21st May, 2013

Jakarta, May 21 (Prensa Latina) Authorities confirmed today that 21 miners were found dead after a mine collapse at the gold and copper deposit being exploited by the U.S. Freeport consortium in the Indonesian province of Papua. The Asian nation's president Susilo Bambang Yudhoyono asked Freeport and government agencies to thoroughly investigate the collapse that affected an underground ...

Indonesia approves DBS purchase of Danamon stake

West Australian - Tuesday 21st May, 2013

JAKARTA (AFP) - Indonesia on Tuesday approved the purchase by Singapore's DBS of a 40 percent stake in Bank Danamon, but demanded the city-state open up its financial sector before any full takeover.More than a year after DBS launched its bid to make the biggest ever bank acquisition in Indonesia, central bank governor Darmin Nasution said it could acquire part of Danamon but could not yet ...