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

Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points. The cape index also was firm an ...


Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah * Q3 revenue up 56.8 percent to 7.12 trillion rupiah Reuters reported that, Indonesia' ...


Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...


Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...


Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...


   1255 1256 1257 1258 1259   
Showing 6281 to 6285 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 ...

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