Algae and mining: A new frontier in sustainable site rehabilitation

Algae might seem an unlikely candidate to help transform Australia’s post-mining landscapes, but a new CSIRO -led project suggests these tiny aquatic organisms could provide sustainable futures for mine sites, surrounding ecosystems, and local communities. Looking down the microscope at the microalgae Nannochloropsis Australia’s mining sector is approaching a crossroads—where economic legacy and environmental responsibility must find common ground. A new CSIRO -led study, supported by the Cooperative Research Centre for Transformations in Mining Economies (CRC TiME), suggests that one of the most promising bridges between these imperatives may come from an unexpected source: algae. Though small in stature, algae are emerging as giants in their potential to transform post-mining landscapes. The study, developed in partnership with the University of Queensland and Murdoch University , proposes that algae-based technologies could reduce mining’s environmental footprint while seeding new...

Intrepid uncovers new shareholders in Indonesian 'partner' - Adaro link possible

Intrepid Mines has disclosed the probable identities of the new Indonesian shareholders of its wayward JV ‘partner’, PT Indo Multi Niaga.

According to the company’s statement, “enquiries made at the Indonesian Ministry of Law and Human Rights revealed that the following additional individuals and entities were listed as shareholders of IMN” as at 12 June 2012:

  • PT Cinta Kasih Abadi 
  • PT Selaras Karya Indonesia 
  • Andreas Tjahjadi 
  • Rahmad Deswandy. 

Intrepid warns that is not able to give any assurance as to the accuracy of this information, as “the publicly available information is sourced from filings which are the legal responsibility of the Directors of IMN, and there is no assurance that these filings are correct or current.”

Only one is recognisable to AJM: Andreas Tjahjadi, who is President Commissioner of PT Mitra Investindo Tbk, an IDX-listed granite miner. He is also a director of the SDX-listed Seroja Investments Limited which controls the shipping of PT Adaro Indonesia’s coal and which is chaired by Edwin Soeryadjaya (also chairman of Adaro and Saratoga Capital Investment).

We find it interesting that PT Mitra Investindo Tbk’s CEO has been stated as Kumari, who is also Finance Director of Seroja and an advisor to Saratoga.

Intrepid’s statement acknowledges that it is yet to “establish discussions with both the new and original IMN shareholders.”