Slow passage of Indonesia mine law hits investment http://www.reuters.com/article/reutersEdge/idUSJAK5677520071102?sp=true
Fri Nov 2, 2007
By Fitri Wulandari and Mita Valina Liem - Analysis
JAKARTA, Nov x (Reuters) - As Indonesia's new mining law slowly crawls through Parliament, some $11 billion in potential investment in new mining projects is being put on hold.
Indonesia has some of the world's largest deposits of coal, copper, tin, nickel and gold, and is keen to earn more from the sector, particularly as strong demand from China and India is driving prices for many commodities to record levels. http://www.reuters.com/article/reutersEdge/idUSJAK5677520071102?sp=true