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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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- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Central Electricity Authority - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- The University of Queensland
- Parliament of New Zealand
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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