News Archive

Asia Resource Minerals (the company formerly known as Bumi) gives Bakries more time for split

Coal miner Asia Resource Minerals Plc (ARM) has agreed to give the influential Bakrie family four more weeks to fulfill requirements for their split from the company, further delaying a step which could pave the way for the company's turnaround. Indonesia-focused ARM, previously known as Bumi Plc, has been hit by shareholder battles, allegations of wrongdoing and falling coal prices.

Indigenous leaders lobby against FPIC process at Glencore’s Tampakan mine

Local B'laan leaders, including the son of murdered Bong Fulong [chief] Anteng Freay, have lobbied the National Commission on Indigenous Peoples (NCIP) not to allow a free, prior, informed consent (FPIC) process for the Tampakan project. They believe such a process cannot be free, given the ongoing violence and militarisation of the area.

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