A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
AMSTERDAM, Sept 19 - Top nickel producer Indonesia will not approve any new mining output quotas this year, government official Septian Hario Seto told Reuters, a move likely to further tighten supplies of nickel ore.
Septian, a deputy minister in Indonesia's Coordinating Ministry for Maritime Affairs and Investment, said a new mining quota application system will be available to nickel miners from October and applications can be filed from November. Indonesia's Attorney General's Office is investigating a former senior mining official, alleging his easing of a quota approval process led to illegal activities that led to 5.7 trillion rupiah of state losses.
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