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Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
 Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other permit holders in the near future so all of the permits are expected to be complete at the end of 2012.
Since the issue of Mining Act, the Ministry of Energy and Mining Directorate General of Mineral Resources (ESDM) until mid-2011 there were 9,662 mining permits (IUP)issued by the local governments.
Of the total IUP, only 3,778 permits have clean and clear status. Clean and clear status shows that the mining areas have complete documents and no overlapping areas.
The remaining 5,884 permits are problematic. In fact, there are expected to be significant unclear permits since the licensing authorities are held by the local governments. This is because regional heads or regents neglect to manage the matter.
A Bisnis source said that in one area of East Kalimantan, to take power of attorney over the adjustment of mining permit status into exploration permit about IDR 250 million (approximately US$ 27,700) is needed, while the 'cost' for a production permit ranges between IDR 500 million and IDR 1 billion (approximately US$ 55,401 - US$ 110,803).
It is caused by the unprofessional regents who gave permits to more than one party," said Thamrin Sihite, Director General of Mining and Mineral Resources
Ministry last weekend.
The Directorate General of Mineral and Coal has assigned the University of Indonesia (UI) to resolve the issue. The appointment has caused internal resistance since the verification which was actually conducted by the Directorate of Commercial Directorate of Coal and Mineral has to be taken over by an Independent Team from UI.
The completion of the mining permit verification, Thamrin said, is expected to boost state revenues from the mining sector.
"With reconciliation, the mining permit will be more orderly. In addition, the permit holder who usually pays a dividend to the regional government, will now be expected to pay the central government. The central government has also conducted socialization to the local government so that the payment of non-tax state revenues can be deposited to central. Then, it will be distributed to the local government,"he said.
Besides completing the reconciliation of mining permit, the government also continues to fix the mining sector. President Susilo Bambang Yudhoyono has formed an evaluation team to adjust working contract (KK) and the agreement of the coal mining business (PKP2B) in accordance with Presidential Decree No.3/2012.
The team is composed of the Coordinating Minister for Economic Affairs Hatta Rajasa as the chairman, the Minister of ESDM Jero Wacik as Chief Executive and Director General of Mineral and Coal Thamrin Sihite as the secretary.
The evaluation team members consists of the Minister of Finance, Minister of Home Affairs, Minister of Justice and Human Rights, Minister of Industry, Minister of Trade, Minister of Forestry, Minister of SOEs, the Cabinet Secretary, the Attorney General, Chief of Financial Development Supervisory Board (BPKP), Head of National Land Agency (BPN), and the Head of Investment Coordinating Board (BKPM).
Source : Bisnis.com (By:Vega Aulia Pradipta) / Mitrais
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Saturday, 08 September 12
INDO INDIA ROUTE FREIGHT FOR SUPRAMAX REMAINS STRONG - CAPT. REDDY
COALspot.com - The freight market overall remained weak and except for cape index all other sectors were down. The biggest drop was in the Panamax s ...
Saturday, 08 September 12
RIO TINTO COMPLETES ACQUISITION OF BHP BILLITON'S INTERESTS IN RICHARDS BAY MINERALS
Rio Tinto has doubled its holding in Richards Bay Minerals (RBM) following the completion of its acquisition of BHP Billiton’s entire inte ...
Friday, 07 September 12
HBA GAINS $ 1.56 PER MT IN SEPTEMBER
COALspot.com - The Indonesian government’s declared coal reference price has gained US$ 1.56 per MT M-o-M. This is the first gain ...
Thursday, 06 September 12
SOME ANCHORED PANAMAX VESSELS WAITING FOR CARGOS TO COME
Handy
According to Fearnleys weekly report, in the smaller segments Fearnleys sees little to no changes since last week. There are still entering s ...
Thursday, 06 September 12
DRY BULK CARRIERS STILL IN HIGH DEMAND AMONG SHIP OWNERS, BUT NEWBUILDING ACTIVITY SLIDES IN AUGUST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The slide of the dry bulk market this year hasn't abated ship owners' appetite for dry bulk carriers, as evidenced by the steady interest expresse ...
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- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Australian Coal Association
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Economic Council, Georgia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- MS Steel International - UAE
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
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