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, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY


Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues continue to dominate the top 10 rankings in Ernst & Young’s annual Business risks facing mining & metals 2011-2012 report, released today.

Ernst & Young Global Mining & Metals Leader Mike Elliot says in the past 12-18 months at least 25 countries have increased or announced intentions to increase their government take via taxes or royalties. “Resource nationalism is taking other forms as well, including greater controls on foreign participation mandated beneficiation, use it or lose it demands and mandated government participation,” says Elliott.

Vietnam, for example, yesterday announced that export taxes on all kinds of coal would be increased from the current 15 percent to 20 percent as of September 2011, to limit the outflow of the natural resource, according to a new circular issued by Vietnam’s Ministry of Finance. Meanwhile, Indonesia is currently in the process of drafting a new regulation that could ban the export of low-grade coal (below 5100 Kcal/kg) by 2014.

“Resource nationalism reflects the expectation among governments that the sector should be contributing more for the right to exploit natural resources,” he says.

According Ernst & Young, the global skills shortage remains in second spot. Infrastructure access jump from the sixth position last year to the third position this year. The other risks are social license to operate (last year in the 5th position), capital project execution (new), price and currency volatility (9), capital allocation (1), cost management (3), interruptions to supply (new), and the last position fraud and corruption (new).

However, Elliot says it’s the myriad of supply capacity constraints that continue to dominate the risk list, accounting for six of the top 10-including the global skills shortage, capital allocation, infrastructure access, capital project execution, cost management, and interruptions to supply.   
 
“The market is probably excessively optimistic about how much and how quickly new production is going to come on. All these supply capacity risks mean companies are unlikely to be able to capture the premium pricing as quickly. It also impacts the cost profile of projects, so there will need to be a higher rate of return to attract new investment and as a result commodity prices will need to be higher,” Elliot said.

For more details Click here

To contact the reporter responsible on this story: Efendi at
efendi@coalspot.com



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

Recent News

Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...


Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...


Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...


Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...


Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct. Overall the market seems to be ...


   1100 1101 1102 1103 1104   
Showing 5506 to 5510 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 ...

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