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Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed that a new body for conflict settlement be incorporated in the draft regulation. The new body would then be dependable for conflicts related to mining zones. ICMA further suggested that the regulation also endorses Initial Public Offerings (IPO) as a divestment model of foreign owned shares in Indonesia.
Supriatna Suhala, ICMA's Executive Director, revealed that the association had received four draft regulations on mineral and coal from the government, who is looking for inputs prior to the regulations' enactment. The four drafts would engage in several keypoints and activities in the new mining law: on mining zones, mining business, direction and supervision of mining, and on reclamation and post-mining.
In his assessment, the four draft regulations are still inadequate. On the issue of mining zones, for instance, there is no single mentioning of a conflict settlement body. To determine zonal areas for mining, the potential of a conflict is huge, therefore a special refereeing body is seen as a way to avoid frictions on the issue, said the spiritful Mr. Suhala. "In such a conflict, the body could ultimately decide on which sector to be given the opportunity to make use of the mining zone(s) first. In short, the body would be able to put the national interests above others," he added. In the past, the issue of overlapping of mining areas had among others pitted the mining sector against the forestry, the agricultural, and the environmental sectors.
Mr. Suhala also noted that a divestment obligation which should begin five years after the initial operation of a company here would only add to the corporation's woes. By then, companies would still be in debts to their financiers as their business are also still years away from their break even points.
On the discussion of mining business, Mr. Suhala stated that IPO is already a very transparent practice as a divestment model. "It should be conducted in the most transparent manner possible, otherwise it would not benefit (the sector)," he said.
Mr. Suhala then confirmed that ICMA would present all its views and suggestions during the next discussion on the draft regulations with the government and other stakeholders in the mining sector. The association has absolutely high hopes that when enacted, the bylaws would provide a certain support to create a more conducive investment climate in the mining sector.
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Tuesday, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will ...
Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST
The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of ...
Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the nationa ...
Monday, 20 April 09
BANPU PLANS TO SHIP 2 MLN T COAL TO CHINA IN 09 - REUTERS
Banpu, Thailand's largest coal miner, plans to increase coal shipments to China by about 30 percent to 2 million tonnes in 2009, company officials ...
Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
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- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Parliament of New Zealand
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- The University of Queensland
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
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