JAKARTA, Nov 15 (Reuters) Indonesia has amended contracts with 13 coal mining companies, including some of the country's biggest producers of the fossil fuel, as part of a shift towards a new mining permit system it expects to boost government revenues.
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Get PriceNov 08, 2007PT Bumi Resources (PT BR) became the country's largest producer of coal after acquiring KPC and PT Arutmin Indonesia, which is the fourth largest coal mining company. PT Bumi Resources acquired 80% of Arutmin from BHP Mineral Exploration Inc in 2001 and bought the remaining 19.9% later from PT Ekakarsa Yasakarya Indonesia.
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