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first_img‘Times of hardship’ Khamenei advised Iranians that “everyone should follow the instructions” of the authorities to fight the epidemic “so that Almighty God will put an end to this calamity for the Iranian people, for all Muslim nations and for all mankind”.Jahanpour said Tehran province had reported 249 new cases and the central province of Yazd, where 84 new patients had been counted, “could become a new focus of the disease in the coming days”.To limit the spread of the virus, the authorities have asked people to refrain from travelling during the nation’s current New Year celebrations. In Iran “about 68 percent of deaths from COVID-19 disease are people over 60 years of age”, Jahanpour said, stressing that family trips “are generally risk factors for this age group”. Iran has a population of some 81 million and the disease is present in all 31 provinces. While it refuses to seek assistance from the American “Great Satan”, the Islamic Republic has not closed the door to international help. Iran said that by mid-March it had received medical equipment or financial aid from Azerbaijan, Britain, China, France, Germany, Japan, Qatar, Russia, Turkey and the United Arab Emirates. Aid group Doctors Without Borders (MSF) announced Sunday it would send a 50-bed inflatable hospital and a nine-person emergency team to Isfahan, Iran’s third largest city. “Iran is by far the hardest hit country in the region and Isfahan is the second most affected province in the country, and we hope that our aid will relieve, at least in part, the pressure on the local health system,” said Julie Reverse, MSF’s representative in Iran.  Iran’s supreme leader Ali Khamenei said Sunday his country would never accept any aid to fight the novel coronavirus from arch-enemy and “charlatans” the United States, as Tehran announced 129 new deaths.Speaking in a televised address, Khamenei charged in a message directed at Washington: “No one trusts you. You are capable of bringing into our country a drug that will keep the virus alive and prevent its eradication.”Iran has been one of the countries worst hit by the COVID-19 illness along with Italy, Spain and China, and the latest fatalities raised the official death toll to 1,685, the health ministry said. More than 1,028 new cases in the past 24 hours meant a total of 21,638 people had now tested positive for the virus, said ministry spokesman Kianouche Jahanpour.US President Donald Trump — who has stepped up sanctions and a “maximum pressure” campaign on Tehran over its nuclear program — said on February 29 that Washington was ready to help Iran fight the virus if its leaders requested it. But Khamenei reiterated Iran’s rejection, charging that Washington, which whom it has had no diplomatic relations for more than 40 years, was “capable” of wanting to intensify the epidemic in the Islamic republic.”Today America is our most ferocious and vicious enemy,” Khamenei said in his address to the nation. “The American leaders are liars, manipulators, impudent and greedy … They are charlatans,” he said, also labeling them “absolutely ruthless” and “terrorists”.The American proposals “to help us with medicines and treatments, provided we ask for them, are strange”, he said, noting that the United States itself suffers from “a horrible shortage not only of disease prevention equipment but also of medicines”. Speaking to Washington, he added: “If you have something, use it for yourself.” Topics :last_img read more

first_imgTopics : “The effects of the [COVID-19] pandemic continue to be felt, impacting prices and demand in some of our markets,” Srivastava said in an official statement on Monday.The miner’s coal sales volume rose 3 percent to 21.5 million tons in the first quarter, but higher sales were offset by a 6 percent drop in prices to US$49 per ton, said Srivastava. Prior to the pandemic, Bumi expected coal prices to remain between $51 and $53 per ton.Bumi booked a $35.1 million loss in this year’s first quarter, down from $48.5 million in profit in the same period last year, the company’s latest financial report shows. To alleviate the impacts of the pandemic, Bumi is also looking into metal mining and chemical production. Through subsidiary PT Bumi Resources Minerals (BRMS), the company plans to intensify its gold mining in Palu, Central Sulawesi, and zinc mining in Dairi, North Sumatra, starting next year, according to Srivastava.The firm also plans to become one of the coal suppliers to a multi-billion dollar coal-to-methanol processing plant in East Kalimantan. Methanol is commonly used in biodiesel production.The plant, being developed by affiliated financing firm Bakrie Capital Indonesia (BCI), is estimated to require 6 million tons of coal each year once operational in 2024.“There is strong momentum for this project, which will produce high-value methanol from abundant, low-value coal reserves,” said BCI chief executive officer Adika Nuraga Bakrie, in a joint statement on May 15.Developing downstream mining industries is part of the government’s vision to capitalize on Indonesia’s underground wealth.The government, through the new Mining Law, even plans to guarantee mining permit extensions for coal miners that develop downstream operations.Bumi recorded a 97 percent drop in profit last year, one of the steepest among coal miners publicly listed on the Indonesia Stock Exchange (IDX).The company’s profits this year were also pinched by rising production costs, as the company raised its strip ratio – the volume of waste material removed to obtain a given volume of coal – to produce higher quality coal. Production costs rose 38 percent year-on-year (yoy) to $238.17 million in the first quarter. Raising its strip ratio contrasts with Bumi’s competitors PT Adaro Energy and PT Bukit Asam, Indonesia’s first and second most profitable coal miners last year, which lowered their strip ratios to cut costs.center_img Indonesia’s most productive coal miner PT Bumi Resources has lowered its sales target for 2020 after its profits dipped into the negative in the first quarter this year, amid continued global market pressures.The publicly listed firm aims to sell up to 90 million tons of coal this year, down from an initial target of 93 million tons, the firm’s corporate secretary Dileep Srivastava told The Jakarta Post on Tuesday.The lower sales target follows weakening coal prices and demand, particularly from partially-locked down India, Indonesia’s second largest coal buyer.last_img read more