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Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE


COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft commission of Indonesia has pointed out more than 4,000 coal companies in Indonesia are problematic. It is not clear that, the moratorium would cover only new exploration licenses or including exploitation licenses.

Deputy minister of energy and mineral resources, Widjajono Partowidagdo, said the moratorium is needed to give government time to fix the overlapping concessions currently investigated by the Corruption Eradication Commission (KPK), acccording to the local media reports.

"There are regents who have no idea about their borders, but issued license to companies, while the neighboring regents also issued licenses over the same area," Widjajono is quoted by Kompas.com Monday (Nov 14)



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Recent News

Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...


Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...


Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...


Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week. The biggest drop was in the Cape Index down by 8.19 pct&nbs ...


Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said. The ...


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