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Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
 The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining projects, a business association says, as reported by The Jakarta Post.
“The development of new mining projects might be delayed due to the moratorium. Mining projects such as BHP’s project in Maruwai could be affected,” Supriatna Suhala, executive director of the Indonesian Coal Mining Association (ICMA), told reporters Wednesday.
BHP Billiton, the world’s largest mining company, and local partner PT Adaro Energy are developing the Maruwai coal project in East and Central Kalimantan and waiting for forest land-use permits from the government. BHP said their concession held 774 million tons of undeveloped metallurgical and thermal coal.
Supriatna added that the moratorium might also affect the existing companies who need to expand their concessions. “There are some companies whose forest land-use permits will expire within two years. They may have to stop operating,” he added.
The moratorium was still under discussion and the association had submitted their views to the Forestry Ministry, Supriatna added.
In late May, the government signed an agreement with Norway to implement a two-year moratorium on forest conversions to reduce carbon emissions.
In exchange, Indonesia will receive a US$1 billion grant to reduce deforestation.
The government is preparing a presidential decree to implement the agreement.
Indonesia Mining Association (IMA) executive director Priyo Pribadi Soemarno said he was more concerned about the draft presidential decree draft than the agreement with Norway .
“The agreement only says the moratorium is aimed at reducing emission by halting forest use permits for natural forests and peat forests. We fully support this as most mining operations in Indonesia are outside natural forests and peatlands,” Priyo said.
He added that the draft raised more concerns as there was an article stating that the government would review previously-granted concessions.
“This reflects an effort to withdraw what has been given and this will have a bad effect on investment,” Priyo said.
Even without the moratorium, many mining projects, such as the $500 million zinc and black tin project by Dairy Prima and the Elang copper project by PT Newmont Nusa Tenggara, have been in limbo for years due to permit problems, he said.
Both projects are stuck because the permits have not been granted yet by the government.
Priyo said that eight projects were in a similar situation.
“Around $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Monday, 05 March 12
SOUTHGOBI ANNOUNCES AGREEMENT TO SELL ITS THERMAL COAL TSAGAAN TOLGOI DEPOSIT FOR US$ 30 MILLION
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Re ...
Monday, 05 March 12
SOME RESOURCE TITANS NOT THRILLED WITH INDONESIAN EXPORT BAN - THE JAKARTA GLOBE
The Jakarta Globe reported that, local representatives of major business associations in East Kalimantan have protested a government regulation that ...
Monday, 05 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
An air of optimism poured in the market this week for dry bulk shippers with the Baltic Dry Index recording daily gains during the end of February b ...
Sunday, 04 March 12
SE ASIA WAS FIRM FOR TRIPS TO INDIA AND CHINA - VISTAAR
COALspot.com - This week saw another upward trend with all indices up and generally market was firm.
The BDI was up by 7.38 pct closing at 771 po ...
Friday, 02 March 12
DJMBP HAS ANNOUNCED SECOND BATCH OF CLEAR N CLEAN CERTIFIED MINERS
COALspot.com - The Directorate general of mineral & coal of Indonesia has announced second batch of companies who have passed IUP Clear and Clea ...
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Showing 4826 to 4830 news of total 6871 |
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- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
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