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

Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In  May 2010 the BDI touched ...


Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...


Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...


Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...


Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia  reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...


   1082 1083 1084 1085 1086   
Showing 5416 to 5420 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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