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Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulted in mixed reactions from industry stakeholders.
Alwin Syah Loebis, president director of state-run mining company PT Aneka Tambang (Antam), praised the decree, saying it would benefit the company immediately.
"This (regulation) is very good. We expect it would enable our project operation in Dairi (North Sumatra ) to start immediately," Alwin indicated to The Jakarta Post during the weekend.
Antam and Australian exploration and mining company Herald Resources have a joint venture called PT Dairi Prima Mineral to develop a large lead zinc deposit in Dairi Regency, North Sumatra.
Part of this project is located in a protected forest. The project has been delayed since 1998 as the Forestry Ministry has yet to issue a permit for the project to operate.
Alwin expected the decree would clear the legal status of the project.
He was fully confident that Antam had sufficient technology and access to capital to carry out underground mining, (despite the higher costs involved and technical complexities), due to their experience in underground mining in other parts of Indonesia.
"We have an abundant experience with underground mining in Pongkor ( a gold mine in Bogor, West Java ) and in other areas," he said.
Having relied heavily on the nickel mining business, Antam is now trying to diversify into mining other commodities, especially gold, iron, and zinc.
Energy and Mineral Resources Minister Purnomo Yusgiantoro said last week that the government was deliberating the proposed presidential decree allowing underground mining activities in protected forest areas. He said this would benefit the sector as it would boost exploration activities as well as proven mineral reserves.
He gave the example of protected forests areas in Kalimantan where there were estimated to be very large reserves of coal. However underground mining requires quite different technologies and know-how, higher investment and stringent safety and environmental standards.
Bob Kamandanu, chairman of the Indonesian Coal Producers Association (APBI) said the decree would indeed boost coal reserves, but it also appeared that it might be quite difficult for the country's coal firms to suddenly adapt to the very different requirements of underground mining, compared to traditional open-cast mining commonly used in Indonesia.
"Underground mining requires high cost and advanced technology. This is even more difficult in Indonesia as our underground rock is often lose and not firm. Thus, I think Indonesia's coal companies will need some years to be able to fully tap the benefits of underground mining," Bob said.
There were higher possibilities of fires, explosions, floods and other accidents, with dangers in underground mining due to its complexity. The industry also would need to depend much more than open-cast mining on highly skilled miners. Furthermore, Bob added, at the moment domestic coal demand could still be adequately supplied from surface mining.
APBI estimated that Indonesia would produce 250 million tons of coal this year, up from about 240 million tons last year. The directorate general for coal, minerals and geothermal earlier estimated that domestic demand for coal would reach 66 million tons this year, up from 57 million tons in 2008.
Source: http://www.thejakartapost.com/news/2009/04/27/underground-mining-forest-areas-not-so-simple.html
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Saturday, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate u ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
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- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Economic Council, Georgia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- White Energy Company Limited
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
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