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Latest Kalimantan Stories

Palm Oil Plantation Development Creating Massive Source Of Carbon Dioxide
2012-10-10 16:29:04

Expanding production of palm oil, a common ingredient in processed foods, soaps and personal care products, is driving rainforest destruction and massive carbon dioxide emissions, according to a new study by Yale and Stanford researchers. The study, published in the journal Nature Climate Change, shows that deforestation for the development of oil palm plantations in Indonesian Borneo is becoming a globally significant source of carbon dioxide emissions. Plantation expansion is...

2012-05-08 06:26:14

BOTHELL, Wash., May 8, 2012 /PRNewswire/ -- Borneo Resource Investments Ltd. (OTCPK: BRNE), announced today that it has signed an agreement to acquire 90% of BT Berkat Banua Masanggu which holds a 8,800 hectare (approximately 21,745 acres) thermal coal mining concession in the South Kalimantan Province, Indonesia. The concession contains estimated reserves of approximately 6 million metric tonnes of high-quality thermal coal. Nils Ollquist, Chairman and CEO of Borneo commented, "Our ongoing...

2012-04-23 06:23:31

LOS ANGELES and JAKARTA, Indonesia, April 23, 2012 /PRNewswire/ -- PHI Group, Inc. (OTCQB: PHIL), (Pinksheets: PHIL), a company focused on energy and natural resources, announced today that its Chairman and CEO Henry Fahman will be presenting at the Kalimantan Coal Conference to be held from September 4-5, 2012 at Novotel Hotel, Balikpapan, Indonesia. This conference, organized by Informa Mining and Metals (IMM), is the first of its kind to bring together local and international expert...

2012-04-23 02:22:35

BOTHELL, Wash., April 23, 2012 /PRNewswire/ -- Borneo Resource Investments Ltd. (OTCPK: BRNE), announced today that it has signed an agreement to acquire 80% of BT Berkat Bumi Waigeo ("Waigeo"). Waigeo holds a 9,601 hectare (approximately 23,700 acres) thermal coal mining concession in the West Papua Province, on the western peninsula of the island of New Guinea, Indonesia. The concession contains estimated reserves of approximately 25 million metric tonnes and measured reserves of...

2012-03-08 09:22:00

BOTHELL, Wash., March 8, 2012 /PRNewswire/ -- Borneo Resource Investments Ltd. (OTCPK: BRNE), announced today that it has signed a binding letter of intent to acquire 100% of BT Bumi Energy Kalimantan ("Bumi"). Bumi holds a 3,200-hectare (approximately 8,000 acres) thermal coal mining concession in the Southeastern region of Kalimantan, Indonesia. The concession contains estimated reserves of approximately 28 million metric tonnes of high-quality thermal coal. Nils Ollquist, Chairman and...

2012-01-24 12:57:00

BOTHELL, Wash., Jan. 24, 2012 /PRNewswire/ -- Borneo Resource Investments Ltd. (OTCPK: BRNE), announced today that it has issued a letter to its shareholders. Borneo Chairman and CEO, Nils Ollquist commented, "As a relatively new publicly traded company, we are sensitive to the fact that currently very little information is available in the public domain regarding our activities." "After our merger and acquisitions, we wanted to update our existing shareholders, and also provide an...

Image 1 - Leaf Litter Ants Help Make The Case For Rainforest Conservation In Borneo
2011-10-20 11:00:26

Studies of ant populations in Borneo reveal an unexpected resilience to areas of rainforest degraded by repeated intensive logging, a finding which conservationists hope will lead governments to conserve these areas rather than allow them to be cleared and used for cash crop plantations. Leaf litter ants are often used to measure the overall ecological health of an area because of the large number of species present and because the health of the leaf litter is a good indication of the...

2011-09-22 09:26:00

JAKARTA, Indonesia and NEW YORK, Sept. 21, 2011 /PRNewswire-USNewswire/ -- Yayasan Usaha Mulia (YUM), a charitable foundation located in Indonesia, will undertake a half-million dollar project in the Indonesian province of Central Kalimantan in answer to the Clinton Global Initiative's Commitment to Action. YUM's Vocational and Technical Training Center (VTTC) will address the high unemployment issues in a seven-village area outside the provincial capital city of Palangkaraya. With a...

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2011-02-02 06:25:00

Indonesia said Tuesday that it plans to step up its law enforcement on Borneo Island, after it acknowledged that hundreds of mine and plantation companies are operating illegally on the island, which is affecting forests and threatened species. The forest ministry admitted that less than 20 percent of the companies operating on the island and less than 1.5 percent of the mining firms had official permits in Central Kalimantan, on the Indonesian side of Borneo. "There are only 67 plantation...

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2010-07-17 06:26:10

An official said Friday that Indonesia will reserve thousands of hectares of forest in Borneo island for about 200 captive orangutans, which will be released in a conservation drive. "A foundation has asked for a permit on about 86,000 hectares of forests in Kutai area in East Kalimantan (Borneo) to be used for orangutan conservation," forestry ministry secretary general Boen Purnama said. Conservationists have been looking for large areas to try and release the apes as vast tracts of...