COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE


TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s investment target in the mineral and coal sector can be improved.

“The figure does not reflect the reality. Every year, there are thousands of new mines. There should be lots of new investment as well,” Priyo said last weekend.

The Energy Ministry has projected investments in the mineral and coal sector in 2011 will amount to US$3.2 billion. This is not too different from last year’s investment total of US$ 3.18 billion. Besides the investments, the government plans to increase mineral and coal production to meet international market demand.

According to Priyo, the investment value targeted by the government does not have a clear measurement. He even suggested there may be no new investments this year. “As no businessmen have submitted mining applications to the central government, investments this year remain unclear. Several mining companies have submitted applications to the provincial government, but this is not in line with the mineral and coal law,” he said.

The association calculated that this year’s investment could have been higher than the target. For instance, for the mining license arrangement (IUP) alone, the government could earn US$8 billion. “There are 8,000 IUPs currently. If one costs US$1 million, we could be earning US$8 billion,” Priyo said.

Mineral and Coal director general Bambang Setiawan admitted the investment target this year could be more than US$3.2 billion, as set by the government. “The target excludes the mining licenses in the provinces. If we include them, the value could reach US$5 billion,” he said.

In order to reach the target, Bambang plans to form an inventory team which will process and record the investment data in the provinces that have not been monitored properly. “We are not waiting for reports anymore. It is our turn to be proactive so that investment can be monitored and exceeded,” he said.
Source: Tempo Interactive



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...


Wednesday, 29 June 11
ANOTHER STRONG PERFORMANCE BY CAPESIZE - BRS
Another strong performance by the Capesize market this week, bringing the BCI up 8% to 1,974 points. However the Panamax market was penalised, losin ...


Monday, 27 June 11
THE IRON ORE IMPORTS BY CHINA SEEMED TO SLOW DOWN - VISTAAR
COALspot.com - The BDI was holding as previous week and was just up by 1 point and closed at 1424 points end of last week. The biggest gain was ...


Friday, 24 June 11
THE INDONESIAN GOVERNMENT WILL NOT EXTEND ALL EXPIRED MINING CONTRACTS - JAKARTA UPDATES
The Indonesian Government have decided not to extend all mining concessions under the scheme called Contract of Work and instead will take over the ...


Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. ...


   1041 1042 1043 1044 1045   
Showing 5211 to 5215 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Pipit Mutiara Jaya. PT, Indonesia
  • Mercator Lines Limited - India
  • TeaM Sual Corporation - Philippines
  • SGS (Thailand) Limited
  • Bhoruka Overseas - Indonesia
  • PLN Batubara - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Xindia Steels Limited - India
  • EMO - The Netherlands
  • Simpson Spence & Young - Indonesia
  • Coalindo Energy - Indonesia
  • Parliament of New Zealand
  • Therma Luzon, Inc, Philippines
  • Star Paper Mills Limited - India
  • Vizag Seaport Private Limited - India
  • Georgia Ports Authority, United States
  • White Energy Company Limited
  • Permata Bank - Indonesia
  • SUEK AG - Indonesia
  • Kideco Jaya Agung - Indonesia
  • APGENCO India
  • Cebu Energy, Philippines
  • UBS Singapore
  • EIA - United States
  • Eastern Energy - Thailand
  • Merrill Lynch Bank
  • Directorate Of Revenue Intelligence - India
  • Commonwealth Bank - Australia
  • Tamil Nadu electricity Board
  • SRK Consulting
  • CESC Limited - India
  • Kepco SPC Power Corporation, Philippines
  • McKinsey & Co - India
  • Grasim Industreis Ltd - India
  • Malabar Cements Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Altura Mining Limited, Indonesia
  • Agrawal Coal Company - India
  • Sinarmas Energy and Mining - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • JPower - Japan
  • San Jose City I Power Corp, Philippines
  • Credit Suisse - India
  • Pinang Coal Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Iligan Light & Power Inc, Philippines
  • Sojitz Corporation - Japan
  • Bank of China, Malaysia
  • Thiess Contractors Indonesia
  • Mintek Dendrill Indonesia
  • KEPCO - South Korea
  • Enel Italy
  • Noble Europe Ltd - UK
  • Maruti Cements - India
  • ACC Limited - India
  • GNFC Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Trasteel International SA, Italy
  • Berau Coal - Indonesia
  • Deloitte Consulting - India
  • Adaro Indonesia
  • MS Steel International - UAE
  • Bulk Trading Sa - Switzerland
  • Thriveni
  • Electricity Authority, New Zealand
  • Bahari Cakrawala Sebuku - Indonesia
  • Core Mineral Indonesia
  • Baramulti Group, Indonesia
  • Intertek Mineral Services - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • World Coal - UK
  • Semirara Mining Corp, Philippines
  • Banpu Public Company Limited - Thailand
  • Videocon Industries ltd - India
  • Orica Australia Pty. Ltd.
  • Medco Energi Mining Internasional
  • Australian Commodity Traders Exchange
  • Gupta Coal India Ltd
  • SMG Consultants - Indonesia
  • Interocean Group of Companies - India
  • Oldendorff Carriers - Singapore
  • Bangladesh Power Developement Board
  • TNPL - India
  • NALCO India
  • Singapore Mercantile Exchange
  • Carbofer General Trading SA - India
  • European Bulk Services B.V. - Netherlands
  • Runge Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Britmindo - Indonesia
  • Central Electricity Authority - India
  • Independent Power Producers Association of India
  • Deutsche Bank - India
  • Romanian Commodities Exchange
  • Global Coal Blending Company Limited - Australia
  • OCBC - Singapore
  • Ince & co LLP
  • Globalindo Alam Lestari - Indonesia
  • Mercuria Energy - Indonesia
  • PowerSource Philippines DevCo
  • Renaissance Capital - South Africa
  • New Zealand Coal & Carbon
  • Attock Cement Pakistan Limited
  • Anglo American - United Kingdom
  • Thailand Anthracite
  • Idemitsu - Japan
  • Binh Thuan Hamico - Vietnam
  • Heidelberg Cement - Germany
  • U S Energy Resources
  • Gresik Semen - Indonesia
  • VISA Power Limited - India
  • South Luzon Thermal Energy Corporation
  • Arutmin Indonesia
  • Australian Coal Association
  • Karaikal Port Pvt Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Toyota Tsusho Corporation, Japan
  • ING Bank NV - Singapore
  • Ministry of Mines - Canada
  • Inco-Indonesia
  • Africa Commodities Group - South Africa
  • Mitsubishi Corporation
  • Marubeni Corporation - India
  • Rio Tinto Coal - Australia
  • MEC Coal - Indonesia
  • Parry Sugars Refinery, India
  • Bhatia International Limited - India
  • Edison Trading Spa - Italy
  • Manunggal Multi Energi - Indonesia
  • Port Waratah Coal Services - Australia
  • Cosco
  • Petrochimia International Co. Ltd.- Taiwan
  • OPG Power Generation Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Chamber of Mines of South Africa
  • Chettinad Cement Corporation Ltd - India
  • Japan Coal Energy Center
  • Ambuja Cements Ltd - India
  • Arch Coal - USA
  • KPCL - India
  • Coaltrans Conferences
  • Meralco Power Generation, Philippines
  • Sindya Power Generating Company Private Ltd
  • India Bulls Power Limited - India
  • Cemex - Philippines
  • Metalloyd Limited - United Kingdom
  • IMC Shipping - Singapore
  • Samtan Co., Ltd - South Korea
  • Asia Cement - Taiwan
  • Asmin Koalindo Tuhup - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Xstrata Coal
  • Bangkok Bank PCL
  • SASOL - South Africa
  • Indian Energy Exchange, India
  • GB Group - China
  • TANGEDCO India
  • Kartika Selabumi Mining - Indonesia
  • TGV SRAAC LIMITED, India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Essar Steel Hazira Ltd - India
  • Larsen & Toubro Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Surastha Cement
  • Mjunction Services Limited - India
  • Gujarat Sidhee Cement - India
  • Inspectorate - India
  • Moodys - Singapore
  • Savvy Resources Ltd - HongKong
  • Barasentosa Lestari - Indonesia
  • PTC India Limited - India
  • TRAFIGURA, South Korea
  • BNP Paribas - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Bukit Baiduri Energy - Indonesia
  • Minerals Council of Australia
  • GHCL Limited - India
  • Price Waterhouse Coopers - Russia
  • Merrill Lynch Commodities Europe
  • PLN - Indonesia
  • Coastal Gujarat Power Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Coal Orbis AG
  • Freeport Indonesia
  • Asian Development Bank
  • Siam City Cement PLC, Thailand
  • Orica Mining Services - Indonesia
  • CCIC - Indonesia
  • McConnell Dowell - Australia
  • Aditya Birla Group - India
  • ICICI Bank Limited - India
  • Coal and Oil Company - UAE
  • ETA - Dubai
  • Mechel - Russia
  • Bukit Makmur.PT - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Rashtriya Ispat Nigam Limited - India
  • bp singapore
  • Antam Resourcindo - Indonesia
  • Jatenergy - Australia
  • Shree Cement - India
  • Kapuas Tunggal Persada - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Indian School of Mines
  • CIMB Investment Bank - Malaysia
  • GMR Energy Limited - India
  • World Bank
  • Posco Energy - South Korea
  • The University of Queensland
  • The State Trading Corporation of India Ltd
  • UOB Asia (HK) Ltd
  • Kobe Steel Ltd - Japan
  • globalCOAL - UK
  • Jindal Steel & Power Ltd - India
  • Formosa Plastics Group - Taiwan
  • Riau Bara Harum - Indonesia
  • Mitra SK Pvt Ltd - India
  • Energy Link Ltd, New Zealand
  • Thermax Limited - India
  • Dalmia Cement Bharat India
  • Central Java Power - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Indogreen Group - Indonesia
  • Maybank - Singapore
  • GVK Power & Infra Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Ministry of Transport, Egypt
  • Russian Coal LLC
  • Geoservices-GeoAssay Lab
  • Indian Oil Corporation Limited
  • Maheswari Brothers Coal Limited - India
  • Indo Tambangraya Megah - Indonesia
  • WorleyParsons
  • Cardiff University - UK
  • GN Power Mariveles Coal Plant, Philippines
  • Barclays Capital - USA
  • Neyveli Lignite Corporation Ltd, - India
  • Ernst & Young Pvt. Ltd.
  • Kobexindo Tractors - Indoneisa
  • Power Finance Corporation Ltd., India
  • KPMG - USA
  • Coeclerici Indonesia
  • BRS Brokers - Singapore
  • Tata Chemicals Ltd - India
  • NTPC Limited - India
  • ASAPP Information Group - India
  • Infraline Energy - India
  • Maharashtra Electricity Regulatory Commission - India
  • Adani Power Ltd - India
  • PetroVietnam
  • Salva Resources Pvt Ltd - India
  • Sucofindo - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Clarksons - UK
  • Total Coal South Africa
  • Cigading International Bulk Terminal - Indonesia
  • Indorama - Singapore
  • Aboitiz Power Corporation - Philippines
  • Argus Media - Singapore
  • Lanco Infratech Ltd - India
  • Mitsui
  • JPMorgan - India
  • Miang Besar Coal Terminal - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Cement Manufacturers Association - India
  • Holcim Trading Pte Ltd - Singapore
  • Uttam Galva Steels Limited - India
  • Tata Power - India
  • AsiaOL BioFuels Corp., Philippines
  • Lafarge - France
  • Ministry of Finance - Indonesia
  • Wilmar Investment Holdings
  • ANZ Bank - Australia
  • Platou - Singapore
  • Global Green Power PLC Corporation, Philippines
  • PNOC Exploration Corporation - Philippines
  • KOWEPO - South Korea
  • Economic Council, Georgia
  • J M Baxi & Co - India
  • Billiton Holdings Pty Ltd - Australia
  • Pendopo Energi Batubara - Indonesia
  • Kumho Petrochemical, South Korea
  • GAC Shipping (India) Pvt Ltd
  • RBS Sempra - UK
  • Energy Development Corp, Philippines
  • Electricity Generating Authority of Thailand
  • DBS Bank - Singapore
  • IBC Asia (S) Pte Ltd
  • Indonesian Coal Mining Association
  • Indonesia Power. PT
  • Meenaskhi Energy Private Limited - India
  • Makarim & Taira - Indonesia
  • HSBC - Hong Kong
  • Cargill India Pvt Ltd
  • SMC Global Power, Philippines
  • Borneo Indobara - Indonesia
  • Petrosea - Indonesia
  • Global Business Power Corporation, Philippines
  • Jaiprakash Power Ventures ltd
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Ind-Barath Power Infra Limited - India
  • Humpuss - Indonesia
  • Rudhra Energy - India
  • IOL Indonesia
  • Panama Canal Authority
  • Standard Chartered Bank - UAE
  • Petron Corporation, Philippines
  • CoalTek, United States
  • Sakthi Sugars Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • IEA Clean Coal Centre - UK
  • Qatrana Cement - Jordan
  • Sree Jayajothi Cements Limited - India
  • Kaltim Prima Coal - Indonesia
  • Indika Energy - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Latin American Coal - Colombia
  • Goldman Sachs - Singapore
  • Bhushan Steel Limited - India
  • Maersk Broker
  • The India Cements Ltd
  • Vedanta Resources Plc - India
  • Wood Mackenzie - Singapore
  • Madhucon Powers Ltd - India
  • Malco - India
  • Bank of America
  • Bayan Resources Tbk. - Indonesia
  • Samsung - South Korea
  • The Treasury - Australian Government
  • Peabody Energy - USA
  • Coal India Limited
  • Siam City Cement - Thailand
  • Glencore India Pvt. Ltd
  • London Commodity Brokers - England
  • PetroVietnam Power Coal Import and Supply Company
  • Planning Commission, India
  • Kalimantan Lumbung Energi - Indonesia
  • Thomson Reuters GRC
  • Vale Mozambique
  • CNBM International Corporation - China
  • Bharathi Cement Corporation - India
  • Reliance Power - India
  • Thai Mozambique Logistica
  • Platts
  • Sical Logistics Limited - India
  • IHS Mccloskey Coal Group - USA
  • Fearnleys - India
  • Tanito Harum - Indonesia
  • Shenhua Group - China
  • Eastern Coal Council - USA
  • Sarangani Energy Corporation, Philippines
  • Vitol - Bahrain
  • Ceylon Electricity Board - Sri Lanka