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

Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...


Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...


Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today. According to our market sources, Coas ...


Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...


Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656  million tons of coal for the period January – August this ...


   1117 1118 1119 1120 1121   
Showing 5591 to 5595 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 ...

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