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Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
 The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on Thursday.
“It will create a negative impression for coal mining investors in the future,” Supriatna Suhala, executive director of the Indonesian Coal Mining Association (APBI), said on Thursday.
A new mining law requires traders to convert their old permits to the mining business license issued by the Energy and Mineral Resources Ministry before they are allowed to ship products overseas, Bloomberg reported on Wednesday.
The law was passed in 2009 with the aim of controlling minerals and coal mining.
Djunaedi, head of mining exports at the Trade Ministry, said the delay in issuing trading permits had disrupted commodity exports.
He said the Energy Ministry halted the process for giving out the licenses while waiting for Energy Minister Darwin Zahedi Saleh to sign off on the licenses.
Witoro Soelarno, secretary to the director general of coal and minerals, said the new law required traders to have permits to ship products. “Smuggling might happen if we don’t control our administration database,” he told the Jakarta Globe.
The government issues different licenses to miners, sellers and traders. Companies that ship coal or other mining products are considered traders.
Supriatna said traders had filed a protest with the Energy Ministry but refused to say how many. The APBI also sent a protest letter to Darwin.
“I think the problem is with the minister, because the licenses must be signed by the minister. He must delegate it to the Directorate General of Mining and Coal,” Supriatna said.
The pending licenses could force delays and cost traders Rp 15 million ($1,670) per day in penalties.
To avoid that and continue exporting, he said, some traders who lack the proper license are using a miner’s license to export coal, which is illegal under the new law.
Source: The Jakarta Globe
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Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...
Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017
Tehelka reported that, CESC Ltd, the fla ...
Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy
Not much fresh enquiry this week and quite dead in Bl.Sea/Med. Nevertheless ...
Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...
Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
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- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Posco Energy - South Korea
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
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