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
Wednesday, 18 May 11
OVERHAUL OF MINING LAW MAY DETER INVESTMENT, S&P SAYS - THE JAKARTA GLOBE


The Jakarta Globe, an Indonesian English language news paper reported that, A report by Standard & Poor’s Ratings Services that a regulatory overhaul of Indonesia’s mining industry would hurt companies’ performance received mixed reviews from industry players on Tuesday.

The report, “Indonesia’s Mining Law of 2009 and Subsequent Regulations: Unearthing the Impact,” explored how the law would affect companies in the country’s mining sector.

Credit analyst Xavier Jean said he did not anticipate any immediate implications for the rating of mining companies since Standard & Poor’s ratings already incorporated degrees of regulatory risk.

“Some regulatory provisions have direct implications for the revenue, profitability, capital expenditure and cash flow of mining companies in Indonesia,” Jean said. “Besides increasing operating uncertainty for Indonesian mining companies, we believe the new regulations may also make the industry less attractive to foreign investors.”

Increased operating costs, possible delays in awarding mining licenses because of decentralized decision-making and requirements for greater domestic processing were among the factors that could weight on profits.

He also said the regulatory environment was “still evolving, and the implementation of government regulations passed so far may differ somewhat from their original forms.”

Under the 2009 law, regional governments will issue mining licenses instead of the central government. It also reduced the lifespan of the new regulations to 20 years, down from 40 years in the previous law, and required miners to set aside 25 percent of their production for sale in Indonesia.

Bimo Budi Satriyo, corporate secretary of Aneka Tambang, Indonesia’s largest gold and nickel producer, said the law was an opportunity and a challenge.

“I think the regulation is good because the government does not want companies to only sell natural resources,” he said. “There will be added value for minerals, and in the end that will create a multiplier effect that can improve the economy within the region.”

Aneka Tambang already has a number of mineral processing projects in the works, Bimo continued, including a bauxite refinery in West Kalimantan and three smelters in South Sulawesi.

Bob Kamandanu, chairman of the Indonesian Coal Mining Association (APBI) and a commissioner of Berau Coal, said the shorter lifetime of the regulations created uncertainty.

“Coal mining is a long-term business. Twenty years is too short,” he said.

Sudharta, spokesman for state coal miner Perusahaan Tambang Batubara Bukit Asam, said he was confident the new law would not have any adverse effects on the company.
Source: The Jakarta Globe



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

Recent News

Friday, 29 October 10
CHINA'S COAL DEMAND DRIVES DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is posting marginal, yet steady growth this week, with the Baltic Dry Index rising yesterday to 2784 points, up by 0.2%. Both th ...


Wednesday, 27 October 10
TNPL TO AWARD 240,000 MT COAL SUPPLY CONTRACT TO COAL & OIL
COALspot.com: Tamil Nadu Newsprint Papers Limited, Tamil Nadu state owned Newsprint and Printing & Writing Paper producer has opened a coal purc ...


Wednesday, 27 October 10
CHINA AIDS RUSSIA IN DEVELOPING COAL RESOURCES - PEOPLE'S DAILY
People's Daily reported that, Russia will use 6 billion U.S. dollars in loans provided by China to develop coal resources in Sakhalin Island, Elege ...


Wednesday, 27 October 10
MAIDEN COAL SHIPMENTS TO NOBLE RESOURCES - PAN ASIA AUSTRALIA
Press Release : First Coal Shipments made from Nadvara Coal Project, East Kalimantan 51,616  tonnes delivered from October production &ndas ...


Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...


   1108 1109 1110 1111 1112   
Showing 5546 to 5550 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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